The stock of Dnow Inc (DNOW) has seen a 2.55% increase in the past week, with a -8.86% drop in the past month, and a 3.92% flourish in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.66% for DNOW. The simple moving average for the last 20 days is 0.71% for DNOW stock, with a simple moving average of -2.50% for the last 200 days.
Is It Worth Investing in Dnow Inc (NYSE: DNOW) Right Now?
Dnow Inc (NYSE: DNOW) has a higher price-to-earnings ratio of 7.04x compared to its average ratio, The 36-month beta value for DNOW is at 1.52. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for DNOW is 103.75M, and currently, shorts hold a 2.21% of that float. The average trading volume for DNOW on January 15, 2025 was 739.37K shares.
DNOW) stock’s latest price update
Dnow Inc (NYSE: DNOW)’s stock price has decreased by -1.12 compared to its previous closing price of 13.42. However, the company has seen a 2.55% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-11-26 that HOUSTON–(BUSINESS WIRE)–DNOW Announces Acquisition of Trojan Rentals, LLC.
Analysts’ Opinion of DNOW
Many brokerage firms have already submitted their reports for DNOW stocks, with The Benchmark Company repeating the rating for DNOW by listing it as a “Buy.” The predicted price for DNOW in the upcoming period, according to The Benchmark Company is $13 based on the research report published on July 08, 2022 of the previous year 2022.
Stephens, on the other hand, stated in their research note that they expect to see DNOW reach a price target of $12. The rating they have provided for DNOW stocks is “Overweight” according to the report published on November 04th, 2021.
Stifel gave a rating of “Buy” to DNOW, setting the target price at $12 in the report published on July 16th of the previous year.
DNOW Trading at -4.74% from the 50-Day Moving Average
After a stumble in the market that brought DNOW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.18% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -8.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.99% upper at present.
During the last 5 trading sessions, DNOW rose by +1.47%, which changed the moving average for the period of 200-days by -13.62% in comparison to the 20-day moving average, which settled at $13.17. In addition, Dnow Inc saw 2.00% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DNOW starting from Paul & Belinda Coppinger Trust, who proposed sale 26,186 shares at the price of $15.15 back on Dec 02 ’24. After this action, Paul & Belinda Coppinger Trust now owns shares of Dnow Inc, valued at $396,717 using the latest closing price.
COPPINGER PAUL M, the Director of Dnow Inc, sale 26,186 shares at $15.35 during a trade that took place back on Nov 27 ’24, which means that COPPINGER PAUL M is holding 56,568 shares at $401,955 based on the most recent closing price.
Stock Fundamentals for DNOW
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.23 for the gross margin
The net margin for Dnow Inc stands at 0.09. The total capital return value is set at 0.11. Equity return is now at value 20.02, with 13.63 for asset returns.
Based on Dnow Inc (DNOW), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 6.39.
Currently, EBITDA for the company is 166.0 million with net debt to EBITDA at -1.4. When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The receivables turnover for the company is 5.82for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.54.
Conclusion
In conclusion, Dnow Inc (DNOW) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
