|Bid||0.00 x 28000|
|Ask||17.50 x 1800|
|Day's Range||15.51 - 15.94|
|52 Week Range||9.12 - 18.56|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||422.16|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.33|
The Dow Jones industrials rose again. Netflix continues to stare down the bears with a year-to-date gain of 99%. Shares are now building a new base.
In this article I am going to calculate the intrinsic value of NOW Inc (NYSE:DNOW) by projecting its future cash flows and then discounting them to today’s value. I will Read More...
Output in the United States edged up by 100,000 barrels per day last week to 11.1 million barrels per day - the most since the EIA started maintaining weekly data in 1983.
Now Inc. stock is the IBD Stock Of The Day as it carves a new base in the latest setup for hot stocks in the oil and gas industry.
NEW YORK, Aug. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Blue ...
NOW Inc (NYSE:DNOW), a trade distributors company based in United States, saw a significant share price rise of over 20% in the past couple of months on the NYSE. WithRead More...
NOW Inc. (DNOW) has scheduled a conference call to discuss the results for the third quarter of 2018 on Thursday, November 1, 2018 at 8:00 am (US Central Time). Financial results for the third quarter ending on September 30, 2018 are expected to be released that morning before the market opens. The call will be broadcast through the Investor Relations link on NOW Inc.’s web site at ir.distributionnow.com on a listen-only basis. NOW Inc. is one of the largest distributors to energy and industrial markets on a worldwide basis, with a legacy of over 150 years.
Now (DNOW) delivered earnings and revenue surprises of 233.33% and 2.13%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
In this article, we’ll look at Wall Street analysts’ forecasts for Weatherford International (WFT) following its Q2 2018 earnings release. Analysts’ rating for WFT
In this article, we’ll look at Wall Street analysts’ forecasts for Schlumberger (SLB) on July 20. SLB released its second-quarter earnings on that day.
This Monday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Equipment & Services equities: Liberty Oilfield Services Inc. (NYSE: LBRT), McDermott International Inc. (NYSE: MDR), NOW Inc. (NYSE: DNOW), and Precision Drilling Corp. (NYSE: PDS). All you have to do is sign up today for this free limited time offer by clicking the link below.
NOW Inc’s (NYSE:DNOW): NOW Inc. distributes energy and industrial products in the United States, Canada, and internationally. The US$1.45b market-cap company’s loss lessens since it announced a -US$52.00m bottom-line inRead More...
Research reports have been issued by WallStEquities.com on four Oil and Gas Equipment and Services stocks, namely: Liberty Oilfield Services Inc. (LBRT), McDermott International Inc. (NYSE: MDR), NOW Inc. (NYSE: DNOW), and Precision Drilling Corp. (NYSE: PDS).
Of the analysts tracking NOW (DNOW) on May 23, ~36% recommended “buy” or some equivalent, 64% recommended “hold,” and none recommended “sell.” DNOW comprises 0.09% of the iShares Core S&P Mid-Cap ETF (IJH), which provides exposure to the oil and gas equipment and service segment. Between February 23 and May 23, the percentage of analysts recommending “buy” or some equivalent for DNOW rose from 33% to 36%, while “hold” recommendations fell. Analysts’ mean target price for DNOW on May 23 was $14.10, implying a ~3% downside based on its price of ~$14.60.
On May 23, short interest in NOW (DNOW) as a percentage of its float had risen 145% YoY (year-over-year) to 16.3% from 6.7%, meaning investors’ negative bets rose significantly. DNOW’s stock price fell ~17% in that time period.
Between January 1 and May 23, NOW’s (DNOW) correlation with crude oil was 0.38 and the VanEck Vectors Oil Services ETF’s (OIH) correlation was 0.62, lower than their correlation over the year ended May 23. WTI crude oil prices have risen significantly since the end of June 2017.
Between May 2, when NOW (DNOW) released its first-quarter results, and May 23, its implied volatility fell from 43.7% to 39.1% and its stock price rose ~5.4%. DNOW comprises 0.18% of the iShares S&P Mid-Cap 400 Value ETF (IJJ), which provides exposure to US mid-cap stocks that are considered undervalued by the market. The energy sector accounts for 11.2% of IJJ, which has risen ~6% since May 2. NOW’s seven-day stock price forecast