Now Inc Stock Analysis
DNOW Stock | USD 14.62 0.04 0.27% |
Now Inc is undervalued with Real Value of 15.97 and Target Price of 13.67. The main objective of Now stock analysis is to determine its intrinsic value, which is an estimate of what Now Inc is worth, separate from its market price. There are two main types of Now's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Now's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Now's stock to identify patterns and trends that may indicate its future price movements.
The Now stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Now is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Now Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Now's ongoing operational relationships across important fundamental and technical indicators.
Now |
Now Stock Analysis Notes
About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. Now Inc had not issued any dividends in recent years. 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. To learn more about Now Inc call the company at 281 823 4700 or check out https://www.dnow.com.Now Quarterly Total Revenue |
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Now Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Now's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Now Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Now Inc appears to be risky and price may revert if volatility continues | |
Now Inc is unlikely to experience financial distress in the next 2 years | |
Over 97.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from gurufocus.com: Whats Driving ProPetro Holding Corps Surprising 22 percent Stock Rally |
Now Inc Upcoming and Recent Events
Earnings reports are used by Now to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Now previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Now Largest EPS Surprises
Earnings surprises can significantly impact Now's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2021-08-04 | 2021-06-30 | -0.01 | -0.0181 | -0.0081 | 81 | ||
2020-05-06 | 2020-03-31 | -0.06 | -0.07 | -0.01 | 16 | ||
2019-11-06 | 2019-09-30 | 0.06 | 0.08 | 0.02 | 33 |
Now Thematic Classifications
In addition to having Now stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
MachineryUSA Equities from Machinery industry as classified by Fama & French |
Now Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Now is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Now Inc backward and forwards among themselves. Now's institutional investor refers to the entity that pools money to purchase Now's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.59 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 Profitablity
Now's profitability indicators refer to fundamental financial ratios that showcase Now's ability to generate income relative to its revenue or operating costs. If, let's say, Now is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Now's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Now's profitability requires more research than a typical breakdown of Now's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.18 | 0.19 | |
Return On Capital Employed | 0.13 | 0.14 | |
Return On Assets | 0.16 | 0.17 | |
Return On Equity | 0.23 | 0.24 |
Management Efficiency
Now Inc 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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 9.87 | 12.24 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 8.34 | 9.28 | |
Enterprise Value Over EBITDA | 5.63 | 4.36 | |
Price Book Value Ratio | 1.15 | 1.46 | |
Enterprise Value Multiple | 5.63 | 4.36 | |
Price Fair Value | 1.15 | 1.46 | |
Enterprise Value | 979.7 M | 1.4 B |
The analysis of Now's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Now's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Now Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.484 |
Technical Drivers
As of the 8th of May, Now secures the Mean Deviation of 1.9, risk adjusted performance of 0.1264, and Downside Deviation of 1.76. Now Inc technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Now, which can be compared to its peers in the industry. Please verify Now Inc information ratio and downside variance to decide if Now Inc is priced some-what accurately, providing market reflects its recent price of 14.62 per share. Given that Now Inc has jensen alpha of 0.4107, we recommend you to check Now's last-minute market performance to make sure the company can sustain itself at a future point.Now Inc Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Now middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Now Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Now Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Now insiders, such as employees or executives, is commonly permitted as long as it does not rely on Now's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Now insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Surratt Fanny R. over a week ago Acquisition by Surratt Fanny R. of 10569 shares of Now subject to Rule 16b-3 | ||
Raymond Chang over two months ago Disposition of 7690 shares by Raymond Chang of Now at 13.29 subject to Rule 16b-3 | ||
Kelly Munson over six months ago Acquisition by Kelly Munson of 19231 shares of Now subject to Rule 16b-3 | ||
Kelly Munson over a year ago Acquisition by Kelly Munson of 19231 shares of Now subject to Rule 16b-3 |
Now Predictive Daily Indicators
Now intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Now stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Now Corporate Filings
8th of April 2024 Other Reports | ViewVerify | |
5th of April 2024 Other Reports | ViewVerify | |
F4 | 23rd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 15th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 22nd of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 9th of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Now Forecast Models
Now's time-series forecasting models are one of many Now's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Now's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Now Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Now prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Now shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Now. By using and applying Now Stock analysis, traders can create a robust methodology for identifying Now entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.06 | 0.06 | |
Operating Profit Margin | 0.06 | 0.07 | |
Net Profit Margin | 0.11 | 0.11 | |
Gross Profit Margin | 0.23 | 0.16 |
Current Now Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Now analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Now analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
13.67 | Strong Buy | 3 | Odds |
Most Now analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Now stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Now Inc, talking to its executives and customers, or listening to Now conference calls.
Now Stock Analysis Indicators
Now Inc stock analysis indicators help investors evaluate how Now stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Now shares will generate the highest return on investment. By understating and applying Now stock analysis, traders can identify Now position entry and exit signals to maximize returns.
Begin Period Cash Flow | 212 M | |
Common Stock Shares Outstanding | 108.4 M | |
Total Stockholder Equity | 1.1 B | |
Tax Provision | -110 M | |
Quarterly Earnings Growth Y O Y | 3.812 | |
Property Plant And Equipment Net | 171 M | |
Cash And Short Term Investments | 299 M | |
Cash | 299 M | |
Accounts Payable | 288 M | |
Net Debt | -236 M | |
50 Day M A | 14.6602 | |
Total Current Liabilities | 418 M | |
Other Operating Expenses | 2.2 B | |
Non Current Assets Total | 461 M | |
Forward Price Earnings | 35.9712 | |
Non Currrent Assets Other | 5 M | |
Stock Based Compensation | 15 M |
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.