DNOW Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 37 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 17.67.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of DNOW Inc is 7.64, ranking 82 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 634.00M, representing a year-over-year increase of 4.62%, while its net profit experienced a year-over-year increase of 92.31%.
Key Metrics
The current valuation score of DNOW Inc is 8.38, ranking 42 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 18.27, which is 25.97% below the recent high of 23.02 and 77.04% above the recent low of 4.20.
The current earnings forecast score of DNOW Inc is 8.67, ranking 12 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 17.00, with a high of 18.00 and a low of 16.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of DNOW Inc is 9.61, ranking 31 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 17.92 and the support level at 14.51, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of DNOW Inc is 5.00, ranking 116 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 61.38%, representing a quarter-over-quarter decrease of 43.82%. The largest institutional shareholder is The Vanguard, holding a total of 19.45M shares, representing 10.48% of shares outstanding, with 5.68% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of DNOW Inc is 6.07, ranking 81 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 0.74. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. DNOW Inc’s latest ESG disclosure leads the Machinery, Tools, Heavy Vehicles, Trains & Ships industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
