DNOW (DNOW) Projected to Post Quarterly Earnings on Wednesday

DNOW (NYSE:DNOW - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect DNOW to post earnings of $0.22 per share and revenue of $612.60 million for the quarter.

DNOW (NYSE:DNOW - Get Free Report) last posted its earnings results on Wednesday, May 7th. The oil and gas company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $599.00 million for the quarter, compared to analyst estimates of $587.17 million. DNOW had a return on equity of 9.00% and a net margin of 3.40%. The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. On average, analysts expect DNOW to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DNOW Stock Performance

DNOW stock traded down $0.84 during midday trading on Friday, hitting $14.72. 1,643,196 shares of the company's stock were exchanged, compared to its average volume of 1,375,203. The stock's fifty day moving average price is $14.79 and its 200-day moving average price is $15.23. DNOW has a one year low of $11.42 and a one year high of $18.45. The company has a market cap of $1.55 billion, a PE ratio of 19.89 and a beta of 1.13.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DNOW. Susquehanna dropped their price target on DNOW from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Wall Street Zen raised DNOW from a "hold" rating to a "buy" rating in a research note on Saturday, April 26th. Finally, Stifel Nicolaus dropped their price target on DNOW from $19.00 to $18.00 and set a "buy" rating on the stock in a research note on Monday, July 21st.

Institutional Trading of DNOW

An institutional investor recently raised its position in DNOW stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of DNOW Inc. (NYSE:DNOW - Free Report) by 53.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 358,708 shares of the oil and gas company's stock after buying an additional 124,797 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.34% of DNOW worth $6,127,000 at the end of the most recent reporting period. 97.63% of the stock is currently owned by hedge funds and other institutional investors.

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.