Now Inc Stock Analysis

DNOW Stock  USD 14.95  0.24  1.63%   
Now Inc is overvalued with Real Value of 13.9 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.
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 Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Now Stock trading window is adjusted to America/New York timezone.
  
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 closely tied with the direction of predictive economic indicators such as signals in persons.

Now Stock Analysis Notes

About 98.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.42. 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 David CPA at 281 823 4700 or check out https://www.dnow.com.

Now Quarterly Total Revenue

606 Million

Now Inc Investment Alerts

Now Inc is unlikely to experience financial distress in the next 2 years
Over 98.0% of the company shares are held by institutions such as insurance companies
Latest headline from zacks.com: Acquisition by Raymond Chang of 26923 shares of Now subject to Rule 16b-3

Now Inc Upcoming and Recent Events

15th of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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15th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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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
2021-06-30-0.01-0.0181-0.008181 
2020-05-06
2020-03-31-0.06-0.07-0.0116 
2019-11-06
2019-09-300.060.080.0233 
View All Earnings Estimates

Now Environmental, Social, and Governance (ESG) Scores

Now's ESG score is a quantitative measure that evaluates Now's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Now's operations that may have significant financial implications and affect Now's stock price as well as guide investors towards more socially responsible investments.

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.
Machinery Idea
Machinery
USA Equities from Machinery industry as classified by Fama & French

Now Stock Institutional Investors

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
Morgan Stanley - Brokerage Accounts2024-06-30
2.1 M
Charles Schwab Investment Management Inc2024-09-30
2.1 M
American Century Companies Inc2024-09-30
1.7 M
Jpmorgan Chase & Co2024-06-30
1.7 M
D. E. Shaw & Co Lp2024-09-30
1.5 M
Nuveen Asset Management, Llc2024-06-30
1.3 M
Amvescap Plc.2024-06-30
1.3 M
Goldman Sachs Group Inc2024-06-30
1.2 M
Boston Partners Global Investors, Inc2024-09-30
1.2 M
Blackrock Inc2024-06-30
19.1 M
Vanguard Group Inc2024-09-30
11.9 M
Note, although Now's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Now Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.58 B.

Now Profitablity

The company has Profit Margin (PM) of 0.09 %, 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 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.18  0.19 
Return On Capital Employed 0.13  0.13 
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 0.0595 % which means that it generated a profit of $0.0595 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2035 %, meaning that it created $0.2035 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 0.13 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 ReportedProjected for Next Year
Book Value Per Share 9.90  12.93 
Tangible Book Value Per Share 8.34  9.90 
Enterprise Value Over EBITDA 5.90  5.61 
Price Book Value Ratio 1.15  1.50 
Enterprise Value Multiple 5.90  5.61 
Price Fair Value 1.15  1.50 
Enterprise Value979.7 M1.6 B
The management team at Now has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Operating Margin
0.0545
Profit Margin
0.087
Beta
1.451
Return On Assets
0.0595
Return On Equity
0.2035

Technical Drivers

As of the 25th of November, Now secures the Mean Deviation of 1.61, downside deviation of 1.68, and Risk Adjusted Performance of 0.101. 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. 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 14.95 per share. Given that Now Inc has jensen alpha of 0.0234, 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

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. 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.

Now Outstanding Bonds

Now issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Now Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Now bonds can be classified according to their maturity, which is the date when Now Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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

8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
13th of August 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
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8K
7th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
24th of May 2024
Other Reports
ViewVerify
F4
23rd of May 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
22nd of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
16th of May 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
10th of May 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 ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.06 
Operating Profit Margin 0.06  0.06 
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 PriceAdvice# of Analysts
13.67Strong Buy3Odds
Now Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow212 M
Common Stock Shares Outstanding108.4 M
Total Stockholder Equity1.1 B
Tax Provision-110 M
Quarterly Earnings Growth Y O Y-0.622
Property Plant And Equipment Net171 M
Cash And Short Term Investments299 M
Cash299 M
Accounts Payable288 M
Net Debt-258 M
50 Day M A12.9692
Total Current Liabilities418 M
Other Operating Expenses2.2 B
Non Current Assets Total461 M
Forward Price Earnings35.9712
Non Currrent Assets OtherM
Stock Based Compensation15 M

Additional 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.