Dnow Inc (NYSE: DNOW) is 23.75% higher on its value in year-to-date trading and has touched a low of $11.42 and a high of $18.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DNOW stock was last observed hovering at around $15.18 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $16.10, the stock is 3.14% and 7.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 6.06% at the moment leaves the stock 16.92% off its SMA200. DNOW registered 11.57% gain for a year compared to 6-month gain of 28.80%. The firm has a 50-day simple moving average (SMA 50) of $14.9528 and a 200-day simple moving average (SMA200) of $13.76965.
The stock witnessed a -8.47% loss in the last 1 month and extending the period to 3 months gives it a 11.65%, and is 7.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.84% over the week and 3.53% over the month.
Dnow Inc (DNOW) has around 2575 employees, a market worth around $1.70B and $2.37B in sales. Current P/E ratio is 21.59 and Fwd P/E is 15.99. Profit margin for the company is 3.37%. Distance from 52-week low is 40.98% and -12.73% from its 52-week high. The company has generated returns on investments over the last 12 months (6.85%).
The EPS is expected to shrink by -0.37% this year
368.0 institutions hold shares in Dnow Inc (DNOW), with institutional investors hold 104.34% of the company’s shares. The shares outstanding are 105.65M, and float is at 103.28M with Short Float at 3.08%. Institutions hold 101.97% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.1 million shares valued at $$262.29 million. The investor’s holdings represent 17.9469 of the DNOW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.01 million shares valued at $$164.9 million to account for 11.2833 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 7.05 million shares representing 6.5952 and valued at over $$96.77 million, while DIMENSIONAL FUND ADVISORS LP holds 6.0563 of the shares totaling 6.45 million with a market value of $$88.51 million.
Dnow Inc (DNOW) Insider Activity
The most recent transaction is an insider sale by Munson Kelly T. SEC filings show that Munson Kelly T. sold 10,000 shares of the company’s common stock on Feb 19 ’25 at a price of $17.47 per share for a total of $0.17 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Dec 02 ’24, Paul & Belinda Coppinger Trust (Director) Proposed Sale 26,186 shares at an average price of $15.15 for $0.4 million. The insider now directly holds shares of Dnow Inc (DNOW).
