DNOW (DNOW) Expected to Announce Quarterly Earnings on Wednesday

DNOW (NYSE:DNOW - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data 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 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. DNOW had a return on equity of 9.00% and a net margin of 3.40%. The firm had revenue of $599.00 million for the quarter, compared to analysts' expectations of $587.17 million. During the same period last year, the firm earned $0.21 EPS. The firm's revenue was up 6.4% compared to the same quarter last year. 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

Shares of DNOW stock traded down $0.84 during mid-day trading on Friday, hitting $14.72. 1,643,196 shares of the stock traded hands, compared to its average volume of 1,142,269. DNOW has a twelve month low of $11.42 and a twelve month high of $18.45. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 19.89 and a beta of 1.08. The company's 50-day simple moving average is $14.77 and its 200-day simple moving average is $15.21.

Analyst Ratings Changes

Several brokerages have recently issued reports on DNOW. Wall Street Zen upgraded DNOW from a "hold" rating to a "buy" rating in a research report on Saturday, April 26th. Stifel Nicolaus reduced their price objective on DNOW from $19.00 to $18.00 and set a "buy" rating for the company in a research note on Monday, July 21st. Finally, Susquehanna decreased their target price on DNOW from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, April 14th.

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 position in shares of DNOW Inc. (NYSE:DNOW - Free Report) by 53.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 358,708 shares of the oil and gas company's stock after purchasing an additional 124,797 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.34% of DNOW worth $6,127,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 97.63% of the company's stock.

About 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.