Scott Hauck - Now Executive Strategy

DNOW Stock  USD 14.11  0.63  4.27%   

Executive

Scott Hauck is Executive Strategy of Now Inc
Address 7402 North Eldridge Parkway, Houston, TX, United States, 77041
Phone281 823 4700
Webhttps://www.dnow.com

Now Management Efficiency

The company has return on total asset (ROA) of 0.0645 % which means that it generated a profit of $0.0645 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2601 %, meaning that it created $0.2601 on every $100 dollars invested by stockholders. Now's management efficiency ratios could be used to measure how well Now manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.19 in 2024. Return On Capital Employed is likely to climb to 0.14 in 2024. At this time, Now's Other Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 672.4 M in 2024, whereas Other Assets are likely to drop slightly above 7.6 M in 2024.
The company currently holds 63 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Now Inc has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Now until it has trouble settling it off, either with new capital or with free cash flow. So, Now's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Now Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Now to invest in growth at high rates of return. When we think about Now's use of debt, we should always consider it together with cash and equity.

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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. NOW Inc. was founded in 1862 and is headquartered in Houston, Texas. NOW operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 2300 people. Now Inc (DNOW) is traded on New York Stock Exchange in USA. It is located in 7402 North Eldridge Parkway, Houston, TX, United States, 77041 and employs 2,375 people. Now is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Now Inc Leadership Team

Elected by the shareholders, the Now's board of directors comprises two types of representatives: Now inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Now. The board's role is to monitor Now's management team and ensure that shareholders' interests are well served. Now's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Now's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rocio Surratt, Vice President - Finance, Corporate Controller
Daniel Molinaro, CFO and Sr. VP
Paul Coppinger, Independent Director
Merrill Miller, Executive Chairman
Sonya Reed, Independent Director
Brad Wise, Vice Relations
Michael Frazier, Independent Director
Galen Cobb, Independent Director
Raymond Chang, Vice President, General Counsel, Secretary
Terry Bonno, Independent Director
Toby Eoff, President Solutions
Scott Hauck, Executive Strategy
Kelly Munson, Chief Administrative and Information Officer
Richard Alario, Lead Independent Chairman of the Board
Dan Pratt, Senior Centers
David Cherechinsky, Chief Accounting Officer, VP and Corporate Controller
Robert Workman, CEO and President and Director
Wayne Richards, Independent Director
Rodney Eads, Independent Director
James Crandell, Independent Director
Mark Johnson, Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Corporate Controller
Michelle Lewis, IR Contact Officer
J Richards, Lead Independent Chairman of the Board

Now Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Now a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Now

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Now position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Now will appreciate offsetting losses from the drop in the long position's value.

Moving together with Now Stock

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Moving against Now Stock

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The ability to find closely correlated positions to Now could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Now when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Now - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Now Inc to buy it.
The correlation of Now is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Now moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Now Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Now can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Now Inc is a strong investment it is important to analyze Now's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Now's future performance. For an informed investment choice regarding Now Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Now Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Now Stock analysis

When running Now's price analysis, check to measure Now's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
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Portfolio Backtesting
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Equity Forecasting
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Pair Correlation
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Odds Of Bankruptcy
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Earnings Calls
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Is Now's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Now. If investors know Now will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Now listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.812
Earnings Share
2.24
Revenue Per Share
21.612
Quarterly Revenue Growth
0.015
Return On Assets
0.0645
The market value of Now Inc is measured differently than its book value, which is the value of Now that is recorded on the company's balance sheet. Investors also form their own opinion of Now's value that differs from its market value or its book value, called intrinsic value, which is Now's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Now's market value can be influenced by many factors that don't directly affect Now's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Now's value and its price as these two are different measures arrived at by different means. Investors typically determine if Now is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Now's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.