NOW Stock Forecast, Price & News

NOW (NYSE:DNOW) Frequently Asked Questions

Is NOW a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NOW in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NOW stock.
View analyst ratings for NOW or view top-rated stocks.

How has NOW's stock been impacted by COVID-19 (Coronavirus)?

NOW's stock was trading at $6.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DNOW stock has increased by 24.3% and is now trading at $8.39.
View which stocks have been most impacted by COVID-19.

Are investors shorting NOW?

NOW saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,290,000 shares, a decline of 44.6% from the October 31st total of 2,330,000 shares. Based on an average trading volume of 1,600,000 shares, the short-interest ratio is presently 0.8 days. Approximately 1.2% of the company's stock are short sold.
View NOW's Short Interest.

When is NOW's next earnings date?

NOW is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for NOW.

How were NOW's earnings last quarter?

NOW Inc. (NYSE:DNOW) announced its quarterly earnings data on Wednesday, November, 3rd. The oil and gas company reported $0.05 EPS for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.03. The oil and gas company earned $439 million during the quarter, compared to the consensus estimate of $422.80 million. NOW had a negative net margin of 3.36% and a negative trailing twelve-month return on equity of 3.88%. The firm's quarterly revenue was up 34.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) earnings per share.
View NOW's earnings history.

What price target have analysts set for DNOW?

5 equities research analysts have issued twelve-month price targets for NOW's shares. Their forecasts range from $5.00 to $13.00. On average, they expect NOW's share price to reach $10.40 in the next year. This suggests a possible upside of 24.0% from the stock's current price.
View analysts' price targets for NOW or view top-rated stocks among Wall Street analysts.

Who are NOW's key executives?

NOW's management team includes the following people:

• David A. Cherechinsky, President, Chief Executive Officer & Director
• Mark Johnson, Chief Financial Officer & Senior Vice President
• Kelly T Munson, Chief Administrative & Information Officer
• Toby S. Eoff, Executive Vice President
• Raymond W. Chang, Secretary, Vice President & General Counsel

What is Robert Workman's approval rating as NOW's CEO?

46 employees have rated NOW CEO Robert Workman on Glassdoor.com. Robert Workman has an approval rating of 38% among NOW's employees. This puts Robert Workman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of NOW's key competitors?

Some companies that are related to NOW include Cactus (WHD), TechnipFMC (FTI), Weatherford International (WFRD), Dril-Quip (DRQ), Oil States International (OIS), Jutal Offshore Oil Services (JUTOY), Solaris Oilfield Infrastructure (SOI), Newpark Resources (NR), Forum Energy Technologies (FET), Profire Energy (PFIE), Weatherford International (WFTIF), Weatherford International (WFTIQ), Superior Drilling Products (SDPI), QS Energy (QSEP) and Deep Down (DPDW).
View all of DNOW's competitors.

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.com (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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.47%), Renaissance Technologies LLC (4.81%), Dimensional Fund Advisors LP (4.71%), Barrow Hanley Mewhinney & Strauss LLC (2.11%), Geode Capital Management LLC (1.59%) and American Century Companies Inc. (1.39%).
View institutional ownership trends for NOW.

Which major investors are selling NOW stock?

DNOW stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, BlackRock Inc., Dimensional Fund Advisors LP, Voloridge Investment Management LLC, Goldman Sachs Group Inc., Geode Capital Management LLC, Cubist Systematic Strategies LLC, and Citigroup Inc..
View insider buying and selling activity for NOW or view top insider-selling stocks.

Which major investors are buying NOW stock?

DNOW stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Nordea Investment Management AB, South Dakota Investment Council, Sourcerock Group LLC, Assenagon Asset Management S.A., Two Sigma Investments LP, SG Americas Securities LLC, and Millennium Management LLC.
View insider buying and selling activity for NOW or or view top insider-buying stocks.

How do I buy shares of NOW?

Shares of DNOW 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 $8.39.

How much money does NOW make?

NOW has a market capitalization of $927.60 million and generates $1.62 billion in revenue each year. The oil and gas company earns $-427 million in net income (profit) each year or ($0.46) on an earnings per share basis.

How many employees does NOW have?

NOW employs 2,500 workers across the globe.

What is NOW's official website?

The official website for NOW is www.distributionnow.com.

Where are NOW's headquarters?

NOW is headquartered at 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77041.

How can I contact NOW?

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].