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Dnow Inc (NYSE: DNOW) closed the day trading at $14.68 down -0.61% from the previous closing price of $14.77. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.62 million shares were traded. DNOW stock price reached its highest trading level at $14.71 during the session, while it also had its lowest trading level at $14.46.
Ratios:
For a better understanding of DNOW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on July 08, 2022, initiated with a Buy rating and assigned the stock a target price of $13.
On November 04, 2021, Stephens Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $12.
Stifel Upgraded its Hold to Buy on July 16, 2021, whereas the target price for the stock was revised from $11 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNOW now has a Market Capitalization of 1598563968 and an Enterprise Value of 1325518336. As of this moment, Dnow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 13.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 7.662.
Stock Price History:
Over the past 52 weeks, DNOW has reached a high of $15.57, while it has fallen to a 52-week low of $8.83. The 50-Day Moving Average of the stock is 2.91%, while the 200-Day Moving Average is calculated to be 25.11%.
Shares Statistics:
Over the past 3-months, DNOW traded about 1.20M shares per day on average, while over the past 10 days, DNOW traded about 779380 shares per day. A total of 106.26M shares are outstanding, with a floating share count of 104.02M. Insiders hold about 2.02% of the company’s shares, while institutions hold 98.02% stake in the company. Shares short for DNOW as of 1713139200 were 3345323 with a Short Ratio of 2.79, compared to 1710460800 on 3535074. Therefore, it implies a Short% of Shares Outstanding of 3345323 and a Short% of Float of 4.35.
Earnings Estimates
The current rating of Dnow Inc (DNOW) reflects the combined expertise of 4.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.21, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.25, with high estimates of $0.27 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.09 and $0.92 for the fiscal current year, implying an average EPS of $1.01. EPS for the following year is $1.08, with 4.0 analysts recommending between $1.22 and $0.97.
Revenue Estimates
4 analysts predict $569.15M in revenue for the current quarter. It ranges from a high estimate of $573M to a low estimate of $563M. As of the current estimate, Dnow Inc’s year-ago sales were $584MFor the next quarter, 4 analysts are estimating revenue of $592.77M. There is a high estimate of $606.1M for the next quarter, whereas the lowest estimate is $584M.
A total of 4 analysts have provided revenue estimates for DNOW’s current fiscal year. The highest revenue estimate was $2.4B, while the lowest revenue estimate was $2.36B, resulting in an average revenue estimate of $2.38B. In the same quarter a year ago, actual revenue was $2.32BBased on 4 analysts’ estimates, the company’s revenue will be $2.48B in the next fiscal year. The high estimate is $2.6B and the low estimate is $2.4B.
