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After finishing at $12.50 in the prior trading day, Dnow Inc (NYSE: DNOW) closed at $12.47, down -0.24%. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 0.63 million shares were traded. DNOW stock price reached its highest trading level at $12.5 during the session, while it also had its lowest trading level at $12.3.
Ratios:
Our goal is to gain a better understanding of DNOW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 2.48. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when Surratt Fanny R. sold 3,500 shares for $12.66 per share. The transaction valued at 44,310 led to the insider holds 43,648 shares of the business.
Chang Raymond W sold 93,284 shares of DNOW for $1,260,267 on May 14 ’24. The VP and General Counsel now owns 283,837 shares after completing the transaction at $13.51 per share. On May 14 ’24, another insider, Cherechinsky David A, who serves as the President and CEO of the company, sold 123,881 shares for $13.57 each. As a result, the insider received 1,681,065 and left with 775,559 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 1327680896 and an Enterprise Value of 1198680832. As of this moment, Dnow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.00, and their Forward P/E ratio for the next fiscal year is 14.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 0.512 whereas that against EBITDA is 7.178.
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 -1.17%, while the 200-Day Moving Average is calculated to be -5.17%.
Shares Statistics:
The stock has traded on average 806.63K shares per day over the past 3-months and 469200 shares per day over the last 10 days, according to various share statistics. A total of 106.26M shares are outstanding, with a floating share count of 104.35M. Insiders hold about 1.99% of the company’s shares, while institutions hold 102.37% stake in the company. Shares short for DNOW as of 1727654400 were 3536219 with a Short Ratio of 4.38, compared to 1724976000 on 4209387. Therefore, it implies a Short% of Shares Outstanding of 3536219 and a Short% of Float of 4.7399998.
