At the time of writing, Dnow Inc [DNOW] stock is trading at $16.10, up 6.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DNOW shares have gain 7.98% over the last week, with a monthly amount drifted -8.47%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dnow Inc [NYSE: DNOW] stock has seen the most recent analyst activity on July 08, 2022, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $13. Previously, Stephens upgraded its rating to Overweight on November 04, 2021, and kept the price target unchanged to $12. On July 16, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $12 on the stock. JP Morgan downgraded its rating to a Underweight but stick to its price target of $5 on February 19, 2021. Cowen reiterated its recommendation of a Outperform and raised its price target to $13 on February 18, 2021. In a note dated July 10, 2020, Northland Capital initiated an Outperform rating and provided a target price of $9.50 on this stock.
For the past year, the stock price of Dnow Inc fluctuated between $11.42 and $18.45. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Dnow Inc [NYSE: DNOW] shares were valued at $16.10 at the most recent close of the market. An investor can expect a potential return of 11.8% based on the average DNOW price forecast.
Analyzing the DNOW fundamentals
According to Dnow Inc [NYSE:DNOW], the company’s sales were 2.37B for trailing twelve months, which represents an 2.88% jump. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.42 points at the first support level, and at 14.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.47, and for the 2nd resistance point, it is at 16.85.
Ratios To Look Out For
It is important to note that Dnow Inc [NYSE:DNOW] has a current ratio of 2.33. In addition, the Quick Ratio stands at 1.53 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 21.59.
Transactions by insiders
Recent insider trading involved Munson Kelly T., that happened on Feb 19 ’25 when 10000.0 shares were sold. Officer, Munson Kelly T. completed a deal on Feb 19 ’25 to buy 10000.0 shares. Meanwhile, Director Paul & Belinda Coppinger Trust bought 26186.0 shares on Dec 02 ’24.
