NYSE:DNOW NOW (DNOW) Stock Forecast, Price & News $10.13 +0.39 (+4.00%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$9.82▼$10.2050-Day Range$8.89▼$11.1552-Week Range$8.79▼$14.86Volume721,675 shsAverage Volume644,413 shsMarket Capitalization$1.08 billionP/E Ratio8.89Dividend YieldN/APrice Target$13.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NOW MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside36.6% Upside$13.83 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth9.71%From $1.03 to $1.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 starsOils/Energy Sector106th out of 244 stocksOil & Gas Field Machinery Industry5th out of 10 stocks 3.3 Analyst's Opinion Consensus RatingNOW has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.83, NOW has a forecasted upside of 36.6% from its current price of $10.13.Amount of Analyst CoverageNOW has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.29% of the float of NOW has been sold short.Short Interest Ratio / Days to CoverNOW has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NOW has recently increased by 4.62%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldNOW does not currently pay a dividend.Dividend GrowthNOW does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DNOW. Previous Next 2.1 News and Social Media Coverage News SentimentNOW has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for NOW this week, compared to 16 articles on an average week.Search Interest14 people have searched for DNOW on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added NOW to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NOW insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.90% of the stock of NOW is held by insiders.Percentage Held by Institutions95.89% of the stock of NOW is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for NOW are expected to grow by 9.71% in the coming year, from $1.03 to $1.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NOW is 8.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.17.Price to Earnings Ratio vs. SectorThe P/E ratio of NOW is 8.89, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.00.Price to Book Value per Share RatioNOW has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NOW (NYSE:DNOW) StockNOW Inc. is a holding company, which engages in the distribution of energy products for industrial applications. It operates through the following segments: United States, Canada, and International. The United States segment serves the upstream, midstream and downstream energy, and industrial markets. The Canada segment covers energy exploration, production, drilling, and midstream business. The International segment represents the energy exploration, production, and drilling business. The company was founded on November 22, 2013 and is headquartered in Houston, TX.Read More Receive DNOW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NOW and its competitors with MarketBeat's FREE daily newsletter. Email Address DNOW Stock News HeadlinesJune 6, 2023 | msn.comWhy OPEC's Latest Move Failed to Give Oil Prices a Major Boost?June 5, 2023 | msn.comCan Now (DNOW) Climb 44.13% to Reach the Level Wall Street Analysts Expect?June 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.June 4, 2023 | fool.comNOW (NYSE: DNOW)June 2, 2023 | finance.yahoo.comOil Prices Ignore Surprise Supply Build to Reclaim $70 LevelMay 31, 2023 | finance.yahoo.comIs NOW (DNOW) a Great Value Stock Right Now?May 25, 2023 | finance.yahoo.comOil Prices Jump as U.S. Supplies Post a Big Weekly DeclineMay 22, 2023 | investorplace.comWhy May 24 Could Be a Game Changer for SNOW Stock InvestorsJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 18, 2023 | americanbankingnews.comNOW (NYSE:DNOW) Now Covered by StockNews.comMay 17, 2023 | seekingalpha.comNOW Inc.: Growing Revenue Stream And Undervaluation Provide An Opening (Rating Upgrade)May 13, 2023 | msn.comNow (DNOW) Loses -13.28% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerMay 10, 2023 | msn.comHere's Why Now (DNOW) is Poised for a Turnaround After Losing -11.6% in 4 WeeksMay 2, 2023 | americanbankingnews.comNOW (DNOW) Scheduled to Post Earnings on ThursdayApril 25, 2023 | investorplace.comWhy RIGHT NOW Could Be the Best Time to Invest in StocksApril 18, 2023 | msn.comStifel Maintains NOW (DNOW) Buy RecommendationApril 17, 2023 | americanbankingnews.comNOW (NYSE:DNOW) PT Lowered to $14.00April 14, 2023 | businesswire.comNOW Inc. Announces First Quarter 2023 Earnings Conference CallApril 6, 2023 | americanbankingnews.comSusquehanna Cuts NOW (NYSE:DNOW) Price Target to $12.50April 4, 2023 | investorplace.comLand a Knockout Punch Against the Bear Market RIGHT NOW!March 15, 2023 | msn.comNow (DNOW) Loses -21.39% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerFebruary 16, 2023 | washingtonpost.comNow: Q4 Earnings SnapshotFebruary 3, 2023 | stocknews.comSchlumberger Gains Momentum on Strong Q4 Earnings: Time to Buy the Stock?January 22, 2023 | finance.yahoo.comNOW Inc. (DNOW) Stock Historical Prices & Data - Yahoo FinanceDecember 15, 2022 | finance.yahoo.com5 Stocks to Watch Amid Crisis as Analysts Initiate CoverageNovember 17, 2022 | finance.yahoo.com3 Oil & Gas Equipment Stocks to Gain From the Prospering IndustryNovember 15, 2022 | finance.yahoo.comNow (DNOW) is an Incredible Growth Stock: 3 Reasons WhySee More Headlines DNOW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DNOW Company Calendar Last Earnings5/04/2023Today6/08/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:DNOW CUSIPN/A CIK1599617 Webwww.distributionnow.com Phone(281) 823-4006FaxN/AEmployees2,525Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.83 High Stock Price Forecast$15.00 Low Stock Price Forecast$12.50 Forecasted Upside/Downside+36.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio8.89 Forward P/E Ratio9.83 P/E GrowthN/ANet Income$128 million Net Margins5.74% Pretax Margin6.28% Return on Equity14.67% Return on Assets9.35% Debt Debt-to-Equity RatioN/A Current Ratio2.29 Quick Ratio1.38 Sales & Book Value Annual Sales$2.14 billion Price / Sales0.51 Cash Flow$1.22 per share Price / Cash Flow8.27 Book Value$7.64 per share Price / Book1.33Miscellaneous Outstanding Shares106,970,000Free Float104,620,000Market Cap$1.08 billion OptionableOptionable Beta1.60 Key ExecutivesDavid A. CherechinskyPresident, Chief Executive Officer & DirectorMark JohnsonChief Financial Officer & Senior Vice PresidentKelly T MunsonChief Administrative & Information OfficerRaymond W. ChangSecretary, Vice President & General CounselBrad WiseVice President-Marketing & Investor RelationsKey CompetitorsDril-QuipNYSE:DRQOil States InternationalNYSE:OISSolaris Oilfield InfrastructureNYSE:SOINewpark ResourcesNYSE:NRCactusNYSE:WHDView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 16,033 shares on 6/1/2023Ownership: 0.015%ProShare Advisors LLCSold 1,418 shares on 5/26/2023Ownership: 0.015%Ameriprise Financial Inc.Sold 23,585 shares on 5/22/2023Ownership: 0.949%Putnam Investments LLCSold 17,165 shares on 5/22/2023Ownership: 0.113%New York State Common Retirement FundSold 86,989 shares on 5/18/2023Ownership: 0.740%View All Institutional Transactions DNOW Stock - Frequently Asked Questions Should I buy or sell NOW stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NOW in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DNOW shares. View DNOW analyst ratings or view top-rated stocks. What is NOW's stock price forecast for 2023? 3 equities research analysts have issued 12-month price targets for NOW's shares. Their DNOW share price forecasts range from $12.50 to $15.00. On average, they predict the company's share price to reach $13.83 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View analysts price targets for DNOW or view top-rated stocks among Wall Street analysts. How have DNOW shares performed in 2023? NOW's stock was trading at $12.70 at the beginning of the year. Since then, DNOW shares have decreased by 20.2% and is now trading at $10.13. View the best growth stocks for 2023 here. When is NOW's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our DNOW earnings forecast. How were NOW's earnings last quarter? NOW Inc. (NYSE:DNOW) announced its quarterly earnings data on Thursday, May, 4th. The oil and gas company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.21 by $0.04. The oil and gas company had revenue of $584 million for the quarter, compared to the consensus estimate of $566.63 million. NOW had a net margin of 5.74% and a trailing twelve-month return on equity of 14.67%. The firm's quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. What ETFs hold NOW's stock? ETFs with the largest weight of NOW (NYSE:DNOW) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Distillate Small/Mid Cash Flow ETF (DSMC), Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Small Cap Value AlphaDEX Fund (FYT), JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and iShares S&P Small-Cap 600 Value ETF (IJS). What is Robert Workman's approval rating as NOW's CEO? 46 employees have rated NOW 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. What other stocks do shareholders of NOW own? Based on aggregate information from My MarketBeat watchlists, some companies that other NOW investors own include NVIDIA (NVDA), PayPal (PYPL), Advanced Micro Devices (AMD), Walt Disney (DIS), Netflix (NFLX), AbbVie (ABBV), Tesla (TSLA), Intel (INTC), Salesforce (CRM) and Cisco Systems (CSCO). What is NOW's stock symbol? NOW trades on the New York Stock Exchange (NYSE) under the ticker symbol "DNOW." Who are NOW's major shareholders? NOW's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.03%), Dimensional Fund Advisors LP (5.85%), Renaissance Technologies LLC (4.00%), State Street Corp (3.87%), American Century Companies Inc. (2.85%) and JPMorgan Chase & Co. (2.75%). View institutional ownership trends. How do I buy shares of NOW? Shares of DNOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NOW's stock price today? One share of DNOW stock can currently be purchased for approximately $10.13. How much money does NOW make? NOW (NYSE:DNOW) has a market capitalization of $1.08 billion and generates $2.14 billion in revenue each year. The oil and gas company earns $128 million in net income (profit) each year or $1.14 on an earnings per share basis. How many employees does NOW have? The company employs 2,525 workers across the globe. How can I contact NOW? NOW's mailing address is 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77041. The official website for the company is www.distributionnow.com. The oil and gas company can be reached via phone at (281) 823-4006 or via email at ir@dnow.com. This page (NYSE:DNOW) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NOW Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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