NYSE:DNOW - NOW Stock Price, Forecast & News

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

NOW Inc (NYSE:DNOW) issued its quarterly earnings data on Wednesday, November, 6th. The oil and gas company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02. The oil and gas company had revenue of $751 million for the quarter, compared to analysts' expectations of $764.07 million. NOW had a return on equity of 3.45% and a net margin of 1.89%. The business's revenue was down 8.6% on a year-over-year basis. During the same period last year, the business earned $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 brokerages have issued 1-year price targets for NOW's shares. 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 31.5% 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.

News articles about DNOW stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NOW earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles 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 impact on the stock's share price in the near future. View News Stories for NOW.

NOW saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 8,350,000 shares, an increase of 11.3% from the November 28th total of 7,500,000 shares. Based on an average trading volume of 966,500 shares, the days-to-cover ratio is presently 8.6 days. Currently, 7.8% of the company's shares are sold short. View NOW's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other NOW investors own include Alibaba Group (BABA), NVIDIA (NVDA), salesforce.com (CRM), Intel (INTC), Paypal (PYPL), Adobe (ADBE), Advanced Micro Devices (AMD), Walt Disney (DIS), General Electric (GE) and Shopify (SHOP).

NOW's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (0.91%), Strs Ohio (0.07%), Cascade Investment Advisors Inc. (0.06%), Arizona State Retirement System (0.06%), Janney Montgomery Scott LLC (0.05%) and Alpha Windward LLC (0.04%). View Institutional Ownership Trends for NOW.

DNOW stock was sold by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Arizona State Retirement System, Arden Trust Co, Cascade Investment Advisors Inc., Addison Capital Co, Janney Montgomery Scott LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for NOW.

DNOW stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, Sciencast Management LP, Baxter Bros Inc., Baxter Bros Inc., Alpha Windward LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $10.14.

NOW has a market capitalization of $1.10 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]