I think DOW is one of the overlooked big, big, companies on the NYSE. Right now the Market thinks DOW is at the end of the current growth cycle and therefore is not favored.
Earnings will be announced on Thursday, July 27, 2006. I expect DOW to meet or beat estimates.
See:
Company Profile for The Dow Chemical Company (DOW) DOW Last: 36.52 Change: -0.48(-1.30%) Volume: 3.72 m Last Trade: 7/21/06
Business Description: The Company is a science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. Address: 2030 Dow Center, Midland, MI, US 48674-2030 Telephone: (989) 636-1000 Website: www.dow.com Facsimile: (989) 636-1830 Email: Details CEO: Andrew N. Liveris Employees: 42413 Market Cap: 35.12 b Issue Type: Common Stock S&P Rating: Auditor: Deloitte & Touche LLP Last Audit: Unqualified Indices: DJ US Commodity Chemicals, Fortune 500 Industrial, Forbes 500, Russell 1000, S&P Top 100, S&P Composite Industry Classifications Sector: Basic Materials CIK: 0000029915 Industry: Chemicals NAICS: Plastics Material and Resin Manufacturing (325211) QM ID: Chemicals - Major Diversified (110) SIC: Plastics Materials, Synthetic Resins, And Nonvulcanizable Elastom (2821) , Plastics Products, Not Elsewhere Classified (3089) , Industrial Gases (2813) , Industrial Inorganic Chemicals, Not Elsewhere Classified (2819) , Industrial Organic Chemicals, Not Elsewhere Classified (2869) Profitability Management Effectiveness Gross Margin: 21.20 Return on Equity: 27.50 EBIT Margin: 14.60 Return on Capital: 17.50 Profit Margin: 13.20 Return on Assets: 9.60 Share Statistics Outstanding: 961.71 m Float: 959.76 m Short Interest: 8.45 m (as of 6/12/06) Short Int Ratio: 1.80 % of Float: 0.90% Non-Corp. Insider Hold'gs: 0.20% (as of 5/1/06) Bought Prev 3 Mo: 372.67 k Sold Prev 3 Mo: 142.19 k Institution Hold'gs: 63.80% (as of 6/1/06) Total Held: 613.58 m Institutions: 1146 Bought Prev Mo: 47.91 m Sold Prev Mo: 67.3 m Copyright © QuoteMedia. Data delayed 15 to 20 minutes unless otherwise indicated. RT = Realtime, EOD = End Of Day, PD = Previous Day. Market Data powered by QuoteMedia, profiles by Hemscott. |