How to buy NOW stock - 06 March

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How to buy NOW stock

Own NOW stock in just a few minutes.

Fact checked

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 2,400 staff and has a trailing 12-month revenue of around USD$1.6 billion.

How to buy shares in NOW

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for NOW. Find the stock by name or ticker symbol: DNOW. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NOW reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NOW, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of NOW. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

NOW share price

Use our graph to track the performance of DNOW stocks over time.

NOW shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$4.03 - USD$11.4
50-day moving average USD$9.4656
200-day moving average USD$6.9028
Wall St. target priceUSD$10.83
PE ratio 22.3317
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.527

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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.

Is it a good time to buy NOW stock?

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.

Is NOW under- or over-valued?

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 P/E ratio

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

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.

NOW financials

Revenue TTM USD$1.6 billion
Gross profit TTM USD$292 million
Return on assets TTM -2.31%
Return on equity TTM -46.34%
Profit margin -26.37%
Book value $6.357
Market capitalisation USD$1.2 billion

TTM: trailing 12 months

Shorting NOW shares

There are currently 2.3 million NOW shares held short by investors – that's known as NOW's "short interest". This figure is 5.4% down from 2.5 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)

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 1.2 million). NOW's SIR currently stands at 1.91. In other words for every 100,000 NOW shares traded daily on the market, roughly 1910 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 0.02% of the outstanding shares (for every 100,000 NOW shares in existence, roughly 20 shares are currently held short) or 0.024% of the tradable shares (for every 100,000 tradable NOW shares, roughly 24 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.

NOW share dividends

We're not expecting NOW to pay a dividend over the next 12 months.

NOW share price volatility

Over the last 12 months, NOW's shares have ranged in value from as little as $4.03 up to $11.4. A popular way to gauge a stock's volatility is its "beta".

DNOW.US volatility(beta: 2.13)Avg. volatility(beta: 1.00)LowHigh

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 2.127. This would suggest that NOW's shares are significantly more volatile than the average for this exchange and represent a higher risk.

NOW overview

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 original equipment manufacturer equipment, including pumps, generator sets, air and gas compressors, dryers, blowers, mixers, 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 through a network of approximately 195 locations 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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