Market view in daily routine: Dow Inc. (NYSE: DOW)

On 11 Feb 2020, Dow Inc. (NYSE: DOW) found trading -19.38% off 52-week high price. On the other end, the stock has actually been kept in mind 20.65% away from the low rate over the last 52-weeks. The stock altered 1.25% to recent value of $48.79. The stock transacted 3705361 shares during newest day however it has an average volume of 3979.09 K shares. The business has 759.56 M of outstanding shares and 740.77 M shares were drifted in the market.

Dow reports fourth quarter 2019 results:

FINANCIAL HIGHLIGHTS

On 11 Feb 2020, Dow Inc. (NYSE: DOW) identified trading -19.38% off 52-week high rate. On the other end, the stock has been noted 20.65% away from the low cost over the last 52-weeks. Local price decreased 12% versus pro forma results in the year-before duration. Its revenues per share (EPS) expected to touch remained -164.70% for this year while earning per share for the next 5-years is anticipated to reach at -2.04%. The rate moved ahead of -1.76% from the mean of 20 days, -6.13% from mean of 50 days SMA and performed -2.07% from mean of 200 days rate.

Net sales were $10.2 B, down 15% versus pro forma results in the year-before period, primarily driven by lower local rates in all running areas Because of a decrease in global energy costs.

Local cost decreased 12% versus pro forma results in the year-before duration. The biggest decreases remained in Packaging & & Specialty Plastics, driven by decreases in polyethylene and hydrocarbon co-products, and in Industrial Intermediates & & Infrastructure, mainly Because of polyurethane intermediates. Currency decreased sales by 1%.

GAAP loss from continuing operations, web of tax, was $2.3 B. Operating EBIT1 was $1.0 B, below pro forma results of $1.3 B in the year-before period, reflecting margin compression in Packaging & & Specialty Plastics and Industrial Intermediates & & Infrastructure. These elements were partly offset by margin expansion in Performance Materials & & Coatings, savings from stranded expense removal, and the contribution from new polyethylene capacity on the U.S. Gulf Coast.

Equity losses were $21M versus pro forma equity profits of $26M in the year-before duration. The reduction was primarily Because of lower outcomes at the Kuwait joint endeavors, driven by margin compression in nonethylene glycol (MEG) and polyethylene.

Returns to shareholders amounted to $611M in the quarter, including $517M in dividends and $94M in share repurchases. The Company achieved its full-year share repurchase target of $500M.

GAAP loss per share from continuing operations was $3.14; Operating EPS ¹ was $0.78. Operating EPS leaves out important products in the quarter, amounting to $3.92 per share, mostly associated with: the disability of the remaining Coatings & & Performance Monomers acquisition-related goodwill and charges associated with Sadara; combination and separation costs; and a tax gain related to Swiss tax reform.

Its revenues per share (EPS) expected to touch remained -164.70% for this year while earning per share for the next 5-years is expected to reach at -2.04%. The cost moved ahead of -1.76% from the mean of 20 days, -6.13% from mean of 50 days SMA and performed -2.07% from mean of 200 days rate.

Stranded cost elimination in the quarter was over $35M, raising the full-year, cumulative stranded cost savings to over $160M.

Cash offered by operating activities– continuing operations was $1.9 B, up $531M versus the year-before period. Capital expenditures in the quarter were $577M and totally free money flow2 was $1.3 B.

Volume declined 2% versus pro forma results in the year-before period, primarily Because of lower hydrocarbon co-product sales as an outcome of prepared turnabout activity. Not Including the Hydrocarbons & & Energy organisation, volume increased 2%, driven by demand growth in packaging and building and construction chemicals applications.