NOW Company Profile (NYSE:DNOW)

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

NOW Inc. (NYSE:DNOW) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.10) earnings per share for the quarter, meeting the consensus estimate of ($0.10). The company earned $651 million during the quarter, compared to analysts' expectations of $674.97 million. NOW had a negative return on equity of 7.83% and a negative net margin of 7.14%. The business's quarterly revenue was up 29.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.40) earnings per share. View NOW's Earnings History.

NOW is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for NOW.

9 brokerages have issued 1-year price objectives for NOW's shares. Their forecasts range from $12.00 to $24.00. On average, they anticipate NOW's stock price to reach $19.11 in the next year. View Analyst Ratings for NOW.

Here are some recent quotes from research analysts about NOW stock:

• 1. According to Zacks Investment Research, "NOW Inc. is a distributor to the energy and industrial sectors. It stocks and sells a comprehensive offering of products for the upstream, midstream, and downstream & industrial market segments. The Company offers stock keeping units, including pipe, valves and valve automation, fittings, instrumentation, mill and industrial supplies, tools, safety supplies, electrical products, drilling and production equipment, fabricated equipment, and industrial paints and coatings. NOW also provides supply chain management solutions to energy and industrial manufacturing companies around the world. It operates primarily under the DistributionNOW and Wilson Export brands. NOW Inc. is headquartered in Houston, Texas. " (7/31/2017)
• 2. KeyCorp analysts commented, "We believe PS is trending favorably early on and stands to enhance DNOW’s competitive position, LT share opportunity, and margin profile." (9/27/2016)

Some companies that are related to NOW include Vallourec SA (VLOWY), Gulfport Energy Corporation (GPOR), Matador Resources Company (MTDR), Oceaneering International (OII), World Fuel Services Corporation (INT), Petrobras Argentina S.A. (PZE), Murphy USA (MUSA), Enerplus Corporation (ERF), Alliance Resource Partners, L.P. (ARLP), Magellan Petroleum Corporation (TELL), Nabors Industries (NBR), NextEra Energy Partners, LP (NEP), Callon Petroleum Company (CPE), Semgroup Corporation (SEMG), Rice Midstream Partners LP (RMP), CVR Energy (CVI), Delek US Holdings (DK) and Oasis Petroleum (OAS).

NOW's management team includes the folowing people:

• J. Wayne Richards, Chairman of the Board
• Merrill A. Miller Jr., Executive Chairman and Director
• Robert Workman, President, Chief Executive Officer, Director
• Daniel Molinaro, Chief Financial Officer, Senior Vice President
• David Cherechinsky, Chief Accounting Officer, Vice President, Corporate Controller
• Raymond W. Chang, Vice President, General Counsel, Secretary
• Richard J. Alario, Independent Director
• Terry B. Bonno, Independent Director
• Galen Cobb, Independent Director
• James D. Crandell, Independent Director

NOW's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (12.13%), BlackRock Inc. (10.30%), Vanguard Group Inc. (8.30%), First Eagle Investment Management LLC (7.13%), Dimensional Fund Advisors LP (4.19%) and State Street Corp (3.32%). Company insiders that own NOW stock include James Crandell and Rodney W Eads. View Institutional Ownership Trends for NOW.

NOW's stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, BlackRock Inc., Russell Investments Group Ltd., Arlington Value Capital LLC, JPMorgan Chase & Co., Acadian Asset Management LLC, Alliancebernstein L.P. and Citigroup Inc.. View Insider Buying and Selling for NOW.

NOW's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Black Creek Investment Management Inc., Teachers Advisors LLC, Schwab Charles Investment Management Inc., QV Investors Inc., Marathon Asset Management LLP, General American Investors Co. Inc. and CLS Investments LLC. Company insiders that have bought NOW stock in the last two years include James Crandell and Rodney W Eads. View Insider Buying and Selling for NOW.

Shares of NOW can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NOW stock can currently be purchased for approximately $12.99.