NOW Stock Price, Forecast & Analysis (NYSE:DNOW)

NOW trades on the New York Stock Exchange (NYSE) under the ticker symbol "DNOW."

NOW Inc (NYSE:DNOW) announced its quarterly earnings data on Wednesday, November, 6th. The oil and gas company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.02. The oil and gas company had revenue of $751 million for the quarter, compared to analyst estimates of $764.07 million. NOW had a net margin of 1.89% and a return on equity of 3.45%. The company's revenue was down 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 EPS. View NOW's Earnings History.

NOW is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for NOW.

NOW will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokers have issued twelve-month price objectives for NOW's stock. Their forecasts range from $10.00 to $16.00. On average, they expect NOW's stock price to reach $13.33 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for NOW.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NOW in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NOW.

Press coverage about DNOW stock has trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NOW earned a news impact score of 2.1 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for NOW.

Some companies that are related to NOW include Cactus (WHD), Dril-Quip (DRQ), Oil States International (OIS), Newpark Resources (NR), Solaris Oilfield Infrastructure (SOI), Forum Energy Technologies (FET), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other NOW investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), salesforce.com (CRM), Advanced Micro Devices (AMD), Netflix (NFLX), Mastercard (MA), General Electric (GE), National-Oilwell Varco (NOV) and Shopify (SHOP).

NOW's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (5.86%), Marathon Asset Management LLP (0.98%), Hennessy Advisors Inc. (0.76%), Rhumbline Advisers (0.33%), QV Investors Inc. (0.31%) and California Public Employees Retirement System (0.28%). View Institutional Ownership Trends for NOW.

DNOW stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Hennessy Advisors Inc., Marathon Asset Management LLP, Chicago Equity Partners LLC, Russell Investments Group Ltd., QV Investors Inc., Investmentaktiengesellschaft Fuer Langfristige Investoren TGV and Moloney Securities Asset Management LLC. View Insider Buying and Selling for NOW.

DNOW stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Systematic Financial Management LP, SG Americas Securities LLC, First Trust Advisors LP, Strs Ohio and State of Alaska Department of Revenue. View Insider Buying and Selling for NOW.

Shares of DNOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DNOW stock can currently be purchased for approximately $11.99.

NOW has a market capitalization of $1.30 billion and generates $3.13 billion in revenue each year. The oil and gas company earns $52 million in net income (profit) each year or $0.36 on an earnings per share basis. NOW employs 4,700 workers across the globe.View Additional Information About NOW.

The official website for NOW is http://www.distributionnow.com/.

NOW's mailing address is 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 281-823-4700 or via email at [email protected]