NOW - DNOW Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NOW in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DNOW shares.
View DNOW analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month target prices for NOW's stock. Their DNOW share price forecasts range from $12.00 to $15.00. On average, they anticipate the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price.
View analysts price targets for DNOW or view top-rated stocks among Wall Street analysts.

NOW's stock was trading at $8.54 at the beginning of the year. Since then, DNOW shares have increased by 34.3% and is now trading at $11.47.
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NOW saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,950,000 shares, a decrease of 6.7% from the August 31st total of 2,090,000 shares. Based on an average daily trading volume, of 693,100 shares, the short-interest ratio is presently 2.8 days. Currently, 1.8% of the company's stock are sold short.
View NOW's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our DNOW earnings forecast.

NOW will be holding an earnings conference call on Wednesday, November 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

NOW Inc. (NYSE:DNOW) issued its quarterly earnings data on Wednesday, August, 3rd. The oil and gas company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.17 by $0.09. The oil and gas company had revenue of $539 million for the quarter, compared to the consensus estimate of $487.65 million. NOW had a trailing twelve-month return on equity of 7.91% and a net margin of 3.88%.

NOW updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.12 billion-$2.12 billion, compared to the consensus revenue estimate of $1.97 billion.

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.

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).

NOW trades on the New York Stock Exchange (NYSE) under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DNOW stock can currently be purchased for approximately $11.47.

NOW (NYSE:DNOW) has a market capitalization of $1.27 billion and generates $1.63 billion in revenue each year. The oil and gas company earns $5 million in net income (profit) each year or $0.66 on an earnings per share basis.

The company employs 2,350 workers across the globe.

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) 823-4700 or via email at ir@dnow.com.