DNOW (DNOW) to Release Quarterly Earnings on Thursday

DNOW (NYSE:DNOW - Get Free Report) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect DNOW to post earnings of $0.20 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

DNOW (NYSE:DNOW - Get Free Report) last released its earnings results on Wednesday, August 7th. The oil and gas company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). DNOW had a return on equity of 9.93% and a net margin of 9.70%. The business had revenue of $633.00 million for the quarter, compared to analyst estimates of $638.20 million. On average, analysts expect DNOW to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DNOW Trading Up 1.6 %

NYSE DNOW traded up $0.19 during trading hours on Thursday, hitting $11.83. 902,843 shares of the company's stock were exchanged, compared to its average volume of 939,000. The stock has a 50-day simple moving average of $12.49 and a 200 day simple moving average of $13.41. DNOW has a 1-year low of $9.44 and a 1-year high of $15.65. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 5.63 and a beta of 1.43.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Susquehanna decreased their target price on DNOW from $15.00 to $14.00 and set a "neutral" rating for the company in a research note on Thursday, July 11th. Stifel Nicolaus raised their price objective on DNOW from $16.00 to $17.00 and gave the company a "buy" rating in a research note on Thursday, July 18th. Finally, StockNews.com raised DNOW from a "hold" rating to a "buy" rating in a research note on Thursday, August 15th.

DNOW Company Profile

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.