NOW Inc. [DNOW] stock is down -6.78 while the S&P 500 has fallen -0.63% on Tuesday, 10/13/20. While at the time of this article, DNOW ATR is sitting at 0.35, with the beta value at 1.94. This stock’s volatility for the past week remained at 5.04%, while it was 6.73% for the past 30-day period. DNOW has fallen -$0.36 from the previous closing price of $5.31 on volume of 1.39 million shares.

On 11, August 2020, Schedule Now Live for EnerCom’s Virtual The Oil & Gas Conference® August 17-19, 2020. According to news published on Yahoo Finance, One-on-one meetings available with executive management in the oil and gas industry.

Analyst Birdseye View:

The most recent analyst activity for NOW Inc. [NYSE:DNOW] stock was on April 14, 2020, when it was Upgrade with an Outperform rating from Cowen, which also raised its 12-month price target on the stock to $8. Before that, on July 10, 2020, Northland Capital Recapitulated an Outperform rating and elevated its amount target to $9.50. On February 20, 2020, Cowen Reiterated a Market perform rating and plunged its price target on this stock from $12 to $8.25. On August 05, 2019, Cowen Reiterated a Market perform rating and decreased its price target from $11 to $10. On August 02, 2019, CapitalOne Upgrade an Overweight rating. On August 03, 2018, Stifel Reiterated a Buy rating and boosted its amount target on this stock to $19. On August 03, 2018, Cowen Reiterated a Market perform rating and boosted its target amount on this stock from $12 to $15.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.05 and a peak of $12.74. Right now, according to Wall Street analyst the average 12-month amount target is $8.81. At the most recent market close, shares of NOW Inc. [NYSE:DNOW] were valued at $4.95. According to the average price forecast, investors can expect a potential return of -2.11%.

FUNDAMENTAL ANALYSIS

NOW Inc. [NYSE:DNOW] most recently reported quarterly sales of 370.0 billion, which represented growth of -52.30%. This publicly-traded organization’s revenue is $670,682 per employee, while its income is -$22,045 per employee. This company’s Gross Margin is currently 19.50%, its Operating Margin is -20.50%, its Pretax Margin is -3.15, and its Net Margin is -3.29. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -5.73, -8.23, 3.51 and -7.66 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 5.92 and the whole liability to whole assets at 4.53. It shows enduring liability to the whole principal at 3.62 and enduring liability to assets at 0.03 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.86 points at 1st support level, the second support level is making up to 4.77. But as of 1st resistance point, this stock is sitting at 5.13 and at 5.31 for 2nd resistance point.

NOW Inc. [DNOW] reported its earnings at -$0.16 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.31/share signifying the difference of 0.15 and 48.40% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.07 calling estimates for -$0.06/share with the difference of -0.01 depicting the surprise of -16.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for NOW Inc. [NYSE:DNOW] is 3.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.46. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.41 and it’s amount to book ratio is 1.07.