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NOW Inc is an oil & gas equipment & services business based in the US. NOW shares (DNOW) are listed on the NYSE and all prices are listed in US Dollars. NOW employs 3,000 staff and has a trailing 12-month revenue of around USD$2.4 billion.
Since the stock market crash in March caused by coronavirus, NOW's share price has had significant negative movement.
Its last market close was USD$5.16, which is 45.86% down on its pre-crash value of USD$9.53 and 27.41% up on the lowest point reached during the March crash when the shares fell as low as USD$4.05.
If you had bought USD$1,000 worth of NOW shares at the start of February 2020, those shares would have been worth USD$555.65 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$512.90.
|Latest market close||USD$5.16|
|52-week range||USD$4.385 - USD$12.745|
|50-day moving average||USD$5.516|
|200-day moving average||USD$7.0652|
|Wall St. target price||USD$8.81|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.527|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-16)||-4.62%|
|1 month (2020-09-25)||7.28%|
|3 months (2020-07-24)||-40.96%|
|6 months (2020-04-24)||-8.67%|
|1 year (2019-10-25)||-51.96%|
|2 years (2018-10-25)||-59.97%|
|3 years (2017-10-25)||-57.53%|
|5 years (2015-10-23)||-68.88%|
Valuing NOW stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NOW's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NOW's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, NOW shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
NOW's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$15 million.
The EBITDA is a measure of a NOW's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.4 billion|
|Gross profit TTM||USD$586 million|
|Return on assets TTM||-0.99%|
|Return on equity TTM||-48.73%|
|Market capitalisation||USD$569.9 million|
TTM: trailing 12 months
There are currently 1.6 million NOW shares held short by investors – that's known as NOW's "short interest". This figure is 38% down from 2.6 million last month.
There are a few different ways that this level of interest in shorting NOW shares can be evaluated.
NOW's "short interest ratio" (SIR) is the quantity of NOW shares currently shorted divided by the average quantity of NOW shares traded daily (recently around 1.7 million). NOW's SIR currently stands at 0.93. In other words for every 100,000 NOW shares traded daily on the market, roughly 930 shares are currently held short.
However NOW's short interest can also be evaluated against the total number of NOW shares, or, against the total number of tradable NOW shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NOW's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 NOW shares in existence, roughly 10 shares are currently held short) or 0.0168% of the tradable shares (for every 100,000 tradable NOW shares, roughly 17 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NOW.
Find out more about how you can short NOW stock.
We're not expecting NOW to pay a dividend over the next 12 months.
Over the last 12 months, NOW's shares have ranged in value from as little as $4.385 up to $12.745. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while NOW's is 1.9112. This would suggest that NOW's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
NOW Inc. distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing operations in the United States, Canada, and internationally. The company offers its products under the DistributionNOW and DNOW brand names. It provides consumable maintenance, repair, and operating supplies; pipes, valves, fittings, flanges, gaskets, fasteners, electrical products, instrumentations, artificial lift, pumping solutions, valve actuation and modular process, and measurement and control equipment; and mill supplies, tools, safety supplies, and personal protective equipment, as well as applied products and applications, such as artificial lift systems, coatings, and miscellaneous expendable items. The company also offers machine, cutting, power, and hand tools; original equipment manufacturer equipment, including pumps, generator sets, air and gas compressors, dryers, and blowers and valves; modular oil and gas tank battery solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support. In addition, it provides supply chain and materials management solutions that include procurement, inventory, and warehouse management, as well as solutions for logistics, point of issue technology, project management, business process, and performance metrics reporting. The company serves customers in the upstream, midstream, and downstream sectors of the energy industry, including drilling contractors, well servicing companies, independent and national oil and gas companies, midstream operators, and refineries, as well as petrochemical, chemical, utilities, and other downstream energy processors; and industrial and manufacturing companies. NOW Inc. was incorporated in 2013 and is headquartered in Houston, Texas.
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