The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Dnow Inc (NYSE: DNOW) closed at $13.80 down -3.29% from its previous closing price of $14.27. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 0.73 million shares were traded. DNOW stock price reached its highest trading level at $14.25 during the session, while it also had its lowest trading level at $13.77.
Ratios:
For a deeper understanding of Dnow Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 02 ’24 when Paul & Belinda Coppinger Trust bought 26,186 shares for $15.15 per share.
COPPINGER PAUL M sold 26,186 shares of DNOW for $401,955 on Nov 27 ’24. The Director now owns 56,568 shares after completing the transaction at $15.35 per share. On Aug 12 ’24, another insider, Surratt Fanny R., who serves as the insider of the company, sold 3,500 shares for $12.66 each. As a result, the insider received 44,310 and left with 43,648 shares of the company.
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 1460674816 and an Enterprise Value of 1268676992. As of this moment, Dnow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.32, and their Forward P/E ratio for the next fiscal year is 17.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 0.538 whereas that against EBITDA is 7.376.
Stock Price History:
Over the past 52 weeks, DNOW has reached a high of $15.65, while it has fallen to a 52-week low of $9.44. The 50-Day Moving Average of the stock is 1.25%, while the 200-Day Moving Average is calculated to be 0.31%.
Shares Statistics:
For the past three months, DNOW has traded an average of 738.83K shares per day and 514310 over the past ten days. A total of 106.02M shares are outstanding, with a floating share count of 103.75M. Insiders hold about 1.98% of the company’s shares, while institutions hold 100.49% stake in the company. Shares short for DNOW as of 1732838400 were 3340512 with a Short Ratio of 4.52, compared to 1730332800 on 3065715. Therefore, it implies a Short% of Shares Outstanding of 3340512 and a Short% of Float of 4.52.
