DNOW - NOW Inc Stock Price, Fair Value and News

13.62-0.38 (-2.71%)Market Closed

Market Summary

13.62-0.38

Market Closed

-2.71%

DNOW Alerts

Big fall in earnings (Y/Y)

DNOW Stock Price

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DNOW RSI Chart

DNOW Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

6.15

Price/Sales (Trailing)

0.63

EV/EBITDA

7.97

Price/Free Cashflow

5.55

DNOW Price/Sales (Trailing)

DNOW Profitability

EBT Margin

5.74%

Return on Equity

21.92%

Return on Assets

14.84%

Free Cashflow Yield

18.01%

DNOW Fundamentals

DNOW Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

-3.6%

Rev. Growth (Qtr)

1.44%

DNOW Earnings

Earnings (TTM)

236.5M

Earnings Growth (Yr)

-34.38%

Earnings Growth (Qtr)

-85.67%

Breaking Down DNOW Revenue

Last 7 days

2.6%

Last 30 days

-6.8%

Last 90 days

12.2%

Trailing 12 Months

44.3%

How does DNOW drawdown profile look like?

DNOW Financial Health

Current Ratio

2.26

Debt/Equity

0.06

Debt/Cashflow

4.44

DNOW Investor Care

Buy Backs (1Y)

0.16%

Diluted EPS (TTM)

2.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
2023	2.2B	2.3B	2.3B	2.3B
2022	1.7B	1.9B	2.0B	2.1B
2021	1.4B	1.4B	1.5B	1.6B
2020	2.8B	2.4B	1.9B	1.6B
2019	3.1B	3.1B	3.1B	3.0B
2018	2.8B	2.9B	3.0B	3.1B
2017	2.2B	2.3B	2.5B	2.6B
2016	2.7B	2.4B	2.2B	2.1B
2015	3.9B	3.7B	3.4B	3.0B
2014	4.3B	4.2B	4.1B	4.1B
2013	3.6B	3.9B	4.1B	4.3B
2012	0	0	0	3.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of NOW Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 23, 2024	surratt fanny r.	acquired	215,830	13.29	16,240	see remarks
Feb 23, 2024	surratt fanny r.	sold (taxes)	-111,131	13.29	-8,362	see remarks
Feb 23, 2024	munson kelly t.	acquired	474,838	13.29	35,729	see remarks
Feb 23, 2024	munson kelly t.	sold (taxes)	-274,532	13.29	-20,657	see remarks
Feb 23, 2024	johnson mark b	acquired	863,358	13.29	64,963	see remarks
Feb 23, 2024	johnson mark b	sold (taxes)	-499,133	13.29	-37,557	see remarks
Feb 23, 2024	cherechinsky david a	acquired	3,410,160	13.29	256,596	president and ceo
Feb 23, 2024	cherechinsky david a	sold (taxes)	-1,971,480	13.29	-148,343	president and ceo
Feb 23, 2024	chang raymond w	acquired	561,157	13.29	42,224	vp and general counsel
Feb 23, 2024	chang raymond w	sold (taxes)	-339,878	13.29	-25,574	vp and general counsel

Which funds bought or sold DNOW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-9.9	121,944	703,136	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-79.6	-628,487	237,074	-%
May 16, 2024	Creekmur Asset Management LLC	reduced	-37.24	-1,444	7,737	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.59	341,448	1,616,660	-%
May 15, 2024	Cubist Systematic Strategies, LLC	added	383	4,365,340	5,159,940	0.03%
May 15, 2024	BOKF, NA	reduced	-2.19	10,504	44,679	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	added	170	117,606	162,275	0.04%
May 15, 2024	Voya Investment Management LLC	added	0.36	1,865,510	7,233,220	0.01%
May 15, 2024	ZACKS INVESTMENT MANAGEMENT	new	-	566,439	566,439	0.01%
May 15, 2024	JANUS HENDERSON GROUP PLC	added	0.01	187,317	736,244	-%

Are Funds Buying or Selling DNOW?

Are funds buying DNOW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DNOW

No. of Funds

DNOW Alerts

Big fall in earnings (Y/Y)

Unveiling NOW Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.62%	12,356,798	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.7%	6,095,429	SC 13G/A
Jan 22, 2024	blackrock inc.	16.7%	17,737,871	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.0%	5,576,912	SC 13G
Feb 09, 2023	vanguard group inc	11.96%	13,206,837	SC 13G/A
Jan 23, 2023	blackrock inc.	16.5%	18,172,373	SC 13G/A
Feb 09, 2022	clearbridge investments, llc	0%	78	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	4.4%	4,850,576	SC 13G/A
Jan 27, 2022	blackrock inc.	15.8%	17,477,447	SC 13G/A
Jan 26, 2022	blackrock inc.	15.8%	17,477,447	SC 13G/A

Recent SEC filings of NOW Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 14, 2024	144	Notice of Insider Sale Intent
May 14, 2024	144	Notice of Insider Sale Intent
May 14, 2024	144	Notice of Insider Sale Intent
May 10, 2024	10-Q	Quarterly Report
May 10, 2024	8-K	Current Report
Apr 08, 2024	DEFR14A	DEFR14A
Apr 05, 2024	ARS	ARS

Peers (Alternatives to NOW Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	69.4B	-	-4.37%	8.34%	16.01	18.27	-86.47%	12.21%
HAL	33.6B	23.1B	-0.37%	26.88%	12.92	1.45	6.71%	32.21%
MID-CAP
FTI	11.4B	8.1B	4.54%	95.93%	53.62	1.4	18.75%	572.06%
NOV	7.5B	8.8B	3.30%	25.61%	7.65	0.86	14.70%	198.19%
CHX	6.5B	3.7B	-4.71%	24.12%	17.98	1.75	-4.02%	100.20%
LBRT	3.9B	4.6B	10.08%	85.95%	8.29	0.86	-1.29%	-16.22%
AROC	3.2B	1.0B	8.02%	114.81%	24.95	3.13	17.17%	118.50%
SMALL-CAP
DNOW	1.5B	2.3B	-6.84%	44.28%	6.15	0.63	2.36%	81.92%
CLB	681.3M	-	8.21%	-15.05%	28.73	1.36	-	-
DRQ	662.9M	443.5M	-3.02%	-19.45%	-30.56	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	261.8M	701.7M	-21.46%	-25.01%	10.22	0.37	0.29%	55.69%

NOW Inc News

Latest updates

NOW Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.4%	563	555	588	594	584	547	577	539	473	432	439	400	361	319	326	370	604	639	751	776	785
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136	136	135
EBITDA Margin	-2.2%	0.07*	0.07*	0.07*	0.08*	0.07*	0.08*	0.07*	0.06*	0.05*	0.02*	-0.01*	-0.03*	-	-	-	-	-	-	-	-	-
Income Taxes	106.9%	8.00	-116	2.00	1.00	3.00	2.00	3.00	2.00	3.00	3.00	2.00	1.00	1.00	-1.00	1.00	-1.00	-2.00	-	2.00	1.00	1.00
Earnings Before Taxes	-6.5%	29.00	31.00	37.00	35.00	35.00	34.00	44.00	28.00	33.00	15.00	7.00	-1.00	-9.00	-45.00	-21.00	-31.00	-333	-139	12.00	15.00	19.00
EBT Margin	-3.5%	0.06*	0.06*	0.06*	0.06*	0.06*	0.07*	0.06*	0.04*	0.03*	0.01*	-0.03*	-0.05*	-	-	-	-	-	-	-	-	-
Net Income	-85.7%	21.00	147	35.00	34.00	32.00	32.00	40.00	26.00	30.00	12.00	5.00	-2.00	-10.00	-44.00	-22.00	-30.00	-331	-139	10.00	14.00	18.00
Net Income Margin	-3.6%	0.10*	0.11*	0.06*	0.06*	0.06*	0.06*	0.05*	0.04*	0.03*	0.00*	-0.03*	-0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-22.3%	80.00	103	-	79.00	-11.00	4.00	44.00	-35.00	-22.00	1.00	22.00	7.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.3%	1,594	1,529	1,376	1,420	1,329	1,320	1,282	1,202	1,162	1,104	1,104	1,070	1,026	1,008	1,039	1,069	1,196	1,591	1,790	1,849	1,896
Current Assets	-2.2%	1,045	1,068	1,033	1,075	1,025	1,017	1,054	969	946	883	874	831	882	861	878	898	1,020	1,067	1,148	1,195	1,252
Cash Equivalents	-37.1%	188	299	194	203	168	212	267	232	293	313	312	293	374	387	325	269	202	183	113	80.00	87.00
Inventory	16.9%	428	366	415	424	406	381	361	331	296	250	244	250	247	262	318	370	434	465	548	598	634
Net PPE	4.6%	137	131	130	130	121	119	109	111	106	111	115	120	89.00	98.00	101	109	112	120	117	115	110
Goodwill	38.1%	192	139	140	141	119	116	79.00	79.00	67.00	67.00	66.00	66.00	7.00	-	-	-	-	245	320	6.00	318
Liabilities	10.5%	515	466	469	543	485	476	476	425	416	392	405	374	334	309	308	322	428	447	523	585	651
Current Liabilities	10.5%	462	418	423	501	447	439	458	408	395	369	375	341	298	272	264	278	385	396	470	468	475
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62.00	124
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62.00	124
Shareholder's Equity	1.8%	1,079	1,060	904	877	844	842	806	777	746	712	699	696	692	699	731	747	768	1,144	1,267	1,264	1,245
Retained Earnings	2.5%	-807	-828	-975	-1,010	-1,044	-1,075	-1,107	-1,147	-1,173	-1,203	-1,215	-1,220	-1,218	-1,208	-1,164	-1,142	-1,112	-775	-636	-646	-660
Additional Paid-In Capital	0.0%	2,031	2,032	2,028	2,029	2,036	2,066	2,065	2,067	2,063	2,060	2,059	2,057	2,053	2,051	2,050	2,047	2,046	2,046	2,045	2,041	2,037
Shares Outstanding	0.5%	107	106	106	107	107	110	111	111	111	110	110	110	-	-	-	-	-	-	-	-	-
Minority Interest	0%	3.00	3.00	3.00	3.00	3.00	2.00	2.00	-	-	1.00	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,000	-	-	-	1,000	-	-	-	1,000	-	-	-	900	-	-	-	1,600	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-22.9%	81,000	105,000	4,000	85,000	-6,000	6,000	45,000	-29,000	-22,000	2,000	24,000	8,000	-4,000	56,000	59,000	68,000	6,000	74,000	101,000	69,000	-20,000
Share Based Compensation	-50.0%	2,000	4,000	4,000	4,000	3,000	4,000	3,000	2,000	2,000	-	-	-	-	-	-	-	-	1,000	4,000	4,000	4,000
Cashflow From Investing	-18700.0%	-188,000	-1,000	-4,000	-38,000	-5,000	-61,000	-1,000	-27,000	2,000	3,000	-1,000	-91,000	-7,000	3,000	-1,000	-2,000	22,000	-5,000	-4,000	-	-
Cashflow From Financing	-300.0%	-4,000	-1,000	-7,000	-13,000	-34,000	-5,000	-5,000	1,000	-1,000	-3,000	-2,000	1,000	-2,000	-2,000	-2,000	-2,000	-2,000	-2,000	-63,000	-63,000	-10,000
Buy Backs	-60.0%	1,000	2,500	5,000	8,000	33,000	3,000	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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DNOW Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 563	$ 584
Operating expenses:
Cost of products	434	447
Warehousing, selling and administrative	101	102
Operating profit	28	35
Other income (expense)	1	0
Income before income taxes	29	35
Income tax provision	8	3
Net income	21	32
Net income attributable to noncontrolling interest	0	1
Net income attributable to DNOW Inc	$ 21	$ 31
Earnings per share attributable to DNOW Inc stockholders:
Basic	$ 0.2	$ 0.28
Diluted	$ 0.19	$ 0.28
Weighted-average common shares outstanding, basic	106,445,323	110,006,858
Weighted-average common shares outstanding, diluted	107,347,721	111,216,856

DNOW Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 188	$ 299
Receivables, net	410	384
Inventories, net	428	366
Prepaid and other current assets	19	19
Total current assets	1,045	1,068
Property, plant and equipment, net	137	131
Deferred income taxes	112	118
Goodwill	192	139
Intangibles, net	59	28
Other assets	49	45
Total assets	1,594	1,529
Current liabilities:
Accounts payable	339	288
Accrued liabilities	112	120
Other current liabilities	11	10
Total current liabilities	462	418
Long-term operating lease liabilities	33	30
Other long-term liabilities	20	18
Total liabilities	515	466
Commitments and contingencies
Stockholders' equity:
Preferred stock - par value $0.01; 20 million shares authorized; no shares issued and outstanding	0	0
Common stock - par value $0.01; 330 million shares authorized; 106,783,725 and 106,257,725 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	1	1
Additional paid-in capital	2,031	2,032
Accumulated deficit	(807)	(828)
Accumulated other comprehensive loss	(149)	(145)
DNOW Inc. stockholders' equity	1,076	1,060
Noncontrolling interest	3	3
Total stockholders' equity	1,079	1,063
Total liabilities and stockholders' equity	$ 1,594	$ 1,529

About NOW Inc

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. It offers its products under the DistributionNOW and DNOW brand names. The company provides consumable maintenance, repair, and operating supplies; pipes, valves, fittings, flanges, gaskets, fasteners, electrical products, instrumentations, artificial lift, pumping solutions, valve actuation and modular process, and measurement and control equipment; and mill supplies, tools, safety supplies, and personal protective equipment, as well as applied products and applications, such as artificial lift systems, coatings, and miscellaneous expendable items. It also offers original equipment manufacturer equipment, including pumps, generator sets, air and gas compressors, dryers, blowers, mixers, and valves; modular oil and gas tank battery solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support services. In addition, the company provides supply chain and materials management solutions that include procurement, inventory planning and management, and warehouse management, as well as solutions for logistics, point-of-issue technology, project management, business process, and performance metrics reporting services. It serves customers through a network of approximately 170 locations in the upstream, midstream, and downstream sectors of the energy industry, including drilling contractors, well-servicing companies, independent and national oil and gas companies, midstream operators, and refineries, as well as petrochemical, chemical, utilities, and other downstream energy processors; and industrial and manufacturing companies. The company was founded in 1862 and is headquartered in Houston, Texas.

CEO	Mr. David A. Cherechinsky
WEBSITE	dnow.com
INDUSTRY	Oil - Services
EMPLOYEES	2475

NOW Inc Frequently Asked Questions

What is the ticker symbol for NOW Inc? What does DNOW stand for in stocks?

DNOW is the stock ticker symbol of NOW Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NOW Inc (DNOW)?

As of Fri May 17 2024, market cap of NOW Inc is 1.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DNOW stock?

You can check DNOW's fair value in chart for subscribers.

What is the fair value of DNOW stock?

You can check DNOW's fair value in chart for subscribers. The fair value of NOW Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NOW Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DNOW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NOW Inc a good stock to buy?

The fair value guage provides a quick view whether DNOW is over valued or under valued. Whether NOW Inc is cheap or expensive depends on the assumptions which impact NOW Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DNOW.

What is NOW Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, DNOW's PE ratio (Price to Earnings) is 6.15 and Price to Sales (PS) ratio is 0.63. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DNOW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NOW Inc's stock?

In the past 10 years, NOW Inc has provided -0.077 (multiply by 100 for percentage) rate of return.