Now Inc Stock Today
| DNOW Stock | USD 14.73 0.11 0.75% |
Performance17 of 100
| Odds Of DistressLess than 1
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Now is selling for under 14.73 as of the 19th of April 2024; that is 0.75 percent up since the beginning of the trading day. The stock's lowest day price was 14.65. Now has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Now Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 20th of May 2014 | Category Industrials |
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. The company has 108.89 M outstanding shares of which 2.99 M shares are currently shorted by private and institutional investors with about 1.99 trading days to cover. More on Now Inc
Moving together with Now Stock
| 0.74 | B | Barnes Group Earnings Call This Week | PairCorr |
| 0.77 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.76 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
| 0.92 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
| 0.87 | PH | Parker Hannifin Financial Report 2nd of May 2024 | PairCorr |
Moving against Now Stock
| 0.85 | ATS | ATS Corporation | PairCorr |
| 0.57 | RR | Richtech Robotics Class | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Now Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Now's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Now or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Robert Workman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Machinery (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Specialty Industrial Machinery, Industrials, NYSE Composite, SP Small-Cap 600, Machinery, Industrials, Trading Companies & Distributors, Oil & Gas Equipment & Services, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Now report their recommendations after researching Now's financial statements, talking to executives and customers, or listening in on Now's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Now Inc. The Now consensus assessment is calculated by taking the average forecast from all of the analysts covering Now. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Now's financial statements, Now Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Now Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Now's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Now's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Now's financial leverage. It provides some insight into what part of Now's total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Now's market, we take the total number of its shares issued and multiply it by Now's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Now Inc conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 108.89 M outstanding shares of which 2.99 M shares are currently shorted by private and institutional investors with about 1.99 trading days to cover.
Now Inc currently holds about 232 M in cash with 188 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.09.
Check Now Probability Of Bankruptcy
Ownership AllocationNow Inc holds a total of 108.89 Million outstanding shares. The majority of Now outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Now Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Now Inc. Please pay attention to any change in the institutional holdings of Now as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Now Ownership Details
Now Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Now jumping above the current price in 90 days from now is about 21.13%. The Now Inc probability density function shows the probability of Now stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2635 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Now will likely underperform. Additionally, now Inc has an alpha of 0.5345, implying that it can generate a 0.53 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Now to move above the current price in 90 days from now is about 21.13 (This Now Inc probability density function shows the probability of Now Stock to fall within a particular range of prices over 90 days) .
Now Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Now that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Now's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Now's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-09-30 | 2.2 M | |
| Charles Schwab Investment Management Inc | 2023-09-30 | 1.9 M | |
| Royce & Associates, Lp | 2023-09-30 | 1.8 M | |
| D. E. Shaw & Co Lp | 2023-09-30 | 1.6 M | |
| Boston Partners Global Investors, Inc | 2023-09-30 | 1.5 M | |
| Pacer Advisors, Inc. | 2023-09-30 | 1.3 M | |
| Penn Capital Management Company Llc | 2023-12-31 | 1.3 M | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 1.3 M | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-09-30 | 1.2 M | |
| Blackrock Inc | 2023-09-30 | 17 M | |
| Vanguard Group Inc | 2023-09-30 | 12.5 M |
Now Historical Income Statement
Now Inc Income Statement is one of the three primary financial statements used for reporting Now's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Now Inc revenue and expense. Now Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Now's Net Income From Continuing Ops is fairly stable compared to the past year. Non Operating Income Net Other is likely to climb to about 9.7 M in 2024, whereas Total Revenue is likely to drop slightly above 2.2 B in 2024. View More FundamentalsNow Stock Against Markets
Picking the right benchmark for Now stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Now stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Now is critical whether you are bullish or bearish towards Now Inc at a given time. Please also check how Now's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Now without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Now Corporate Directors
Now corporate directors refer to members of a Now board of directors. The board of directors generally takes responsibility for the Now's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Now's board members must vote for the resolution. The Now board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Paul Coppinger | Independent Director | Profile | |
| Sonya Reed | Independent Director | Profile | |
| Michael Frazier | Independent Director | Profile | |
| Galen Cobb | Independent Director | Profile |
How to buy Now Stock?
Before investing in Now, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Now. To buy Now stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Now. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Now stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Now Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Now Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Now Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Now Stock please use our How to Invest in Now guide.
Already Invested in Now Inc?
The danger of trading Now Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Now is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Now. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Now Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.
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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.