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NYSE:DNOW

DNOW (DNOW) Stock Price, News & Analysis

$12.03
-0.12 (-0.99%)
(As of 09/6/2024 ET)
Today's Range
$11.92
$12.24
50-Day Range
$12.03
$15.36
52-Week Range
$9.44
$15.65
Volume
649,100 shs
Average Volume
972,614 shs
Market Capitalization
$1.28 billion
P/E Ratio
5.54
Dividend Yield
N/A
Price Target
$15.50

DNOW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
28.8% Upside
$15.50 Price Target
Short Interest
Healthy
4.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
3.19%
From $0.94 to $0.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.05 out of 5 stars

Industrial Products Sector

99th out of 165 stocks

Oil & Gas Field Machinery Industry

9th out of 12 stocks

DNOW stock logo

About DNOW Stock (NYSE:DNOW)

DNOW Inc. distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and customer on-site locations in the United States, Canada, and internationally. The company provides consumable maintenance, repair, and operating supplies; pipes, manual and automated valves, fittings, flanges, gaskets, fasteners, electrical instrumentations, artificial lift, pumping solutions, valve actuation and modular process, and measurement and control equipment; and mill supplies, tools, safety supplies, and personal protective equipment, as well as artificial lift systems, coatings, and miscellaneous expendable items. It also offers original equipment manufacturer equipment, including pumps, generator sets, air compressors, dryers, blowers, mixers, and valves; modular oil and gas tank battery solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support services. In addition, the company provides supply chain and materials management; inventory planning and management, procurement, and warehouse management, as well as solutions for logistics, point of issue technology, project management, business process, and performance metrics reporting services. It serves customers in the upstream, midstream, and downstream sectors of the energy industry, including drilling contractors, well-servicing companies, independent and national oil and gas companies, midstream operators, and refineries, as well as petrochemical, chemical, utilities, RNG facilities, and other downstream energy processors; and industrial and manufacturing companies. The company was formerly known as NOW Inc. and changed its name to DNOW Inc. in January 2024. DNOW Inc. was founded in 1862 and is headquartered in Houston, Texas.

DNOW Stock Price History

DNOW Stock News Headlines

Now (DNOW) Receives a Rating Update from a Top Analyst
DNOW Sep 2024 12.500 put (DNOW240920P00012500)
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
DNOW Sep 2024 17.500 call (DNOW240920C00017500)
DNOW Reports Second Quarter 2024 Results
DNOW Inc. Q2 Profit Decreases, But Beats Estimates
DNOW Inc. (DNOW) Q2 2024 Earnings Call Transcript
DNOW: Q2 Earnings Snapshot
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
DNOW: Q1 Earnings Snapshot
DNOW Inc. Q1 Profit Decreases, Misses Estimates
DNOW Stock Earnings: NOW Misses EPS, Misses Revenue for Q1 2024
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Machinery
Fax
N/A
Employees
2,475
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.50
High Stock Price Target
$17.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+28.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$247 million
Pretax Margin
5.56%

Debt

Sales & Book Value

Annual Sales
$2.34 billion
Cash Flow
$1.16 per share
Book Value
$10.32 per share

Miscellaneous

Free Float
104,023,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.43
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Key Executives


DNOW Stock Analysis - Frequently Asked Questions

How have DNOW shares performed this year?

DNOW's stock was trading at $11.32 at the beginning of the year. Since then, DNOW shares have increased by 6.3% and is now trading at $12.03.
View the best growth stocks for 2024 here
.

How were DNOW's earnings last quarter?

DNOW Inc. (NYSE:DNOW) released its quarterly earnings results on Wednesday, August, 7th. The oil and gas company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.01. The oil and gas company earned $633 million during the quarter, compared to the consensus estimate of $638.20 million. DNOW had a trailing twelve-month return on equity of 9.93% and a net margin of 9.70%.

What is Robert Workman's approval rating as DNOW's CEO?

46 employees have rated DNOW Chief Executive Officer Robert Workman on Glassdoor.com. Robert Workman has an approval rating of 38% among the company's employees. This puts Robert Workman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are DNOW's major shareholders?

Top institutional investors of DNOW include Pacer Advisors Inc. (6.60%), Dimensional Fund Advisors LP (6.04%), Renaissance Technologies LLC (3.58%) and Barrow Hanley Mewhinney & Strauss LLC (3.47%).
View institutional ownership trends
.

How do I buy shares of DNOW?

Shares of DNOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DNOW own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DNOW investors own include NVIDIA (NVDA), PayPal (PYPL), Advanced Micro Devices (AMD), Walt Disney (DIS), Netflix (NFLX), AbbVie (ABBV) and Tesla (TSLA).

This page (NYSE:DNOW) was last updated on 9/7/2024 by MarketBeat.com Staff

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