Dnow Inc (DNOW) concluded trading on Wednesday at a closing price of $12.96, with 0.49 million shares of worth about $6.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.37% during that period and on January 08, 2025 the price saw a gain of about 0.15%. Currently the company’s common shares owned by public are about 106.02M shares, out of which, 103.75M shares are available for trading.
Stock saw a price change of -0.38% in past 5 days and over the past one month there was a price change of -11.41%. Year-to-date (YTD), DNOW shares are showing a performance of -0.38% which increased to 24.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.44 but also hit the highest price of $15.65 during that period. The average intraday trading volume for Dnow Inc shares is 725.78K. The stock is currently trading -3.88% below its 20-day simple moving average (SMA20), while that difference is down -6.22% for SMA50 and it goes to -5.06% lower than SMA200.
Dnow Inc (NYSE: DNOW) currently have 106.02M outstanding shares and institutions hold larger chunk of about 100.52% of that.
The stock has a current market capitalization of $1.37B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 6.87, while it has posted earnings per share of $1.89 in the same period. It has Quick Ratio of 1.66 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DNOW, volatility over the week remained 2.24% while standing at 2.70% over the month.
Analysts are in expectations that Dnow Inc (DNOW) stock would likely to be making an EPS of 0.12 in the current quarter, while forecast for next quarter EPS is 0.19 and it is 0.79 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.11 which is 0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.22 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -17.78% while it is estimated to decrease by -0.63% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by The Benchmark Company on July 08, 2022 offering a Buy rating for the stock and assigned a target price of $13 to it. Coverage by Stephens stated Dnow Inc (DNOW) stock as an Overweight in their note to investors on November 04, 2021, suggesting a price target of $12 for the stock. On July 16, 2021, Stifel Upgrade their recommendations, while on February 19, 2021, JP Morgan Downgrade their ratings for the stock with a price target of $5. Stock get an Outperform rating from Cowen on February 18, 2021.
