Now Inc Stock Performance
| DNOW Stock | USD 15.05 0.08 0.53% |
On a scale of 0 to 100, Now holds a performance score of 11. The company secures a Beta (Market Risk) of 2.06, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Now will likely underperform. Please check Now's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Now's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Now Inc are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Now showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.53) | Five Day Return (0.20) | Year To Date Return 35.22 | Ten Year Return (41.62) | All Time Return (50.49) |
1 | Acquisition by Raymond Chang of 93284 shares of Now at 9.9 subject to Rule 16b-3 | 10/11/2024 |
2 | A Picks and Shovels Stock to Buy Ahead of Earnings | 10/25/2024 |
3 | Analysts Estimate DNOW to Report a Decline in Earnings What to Look Out for | 10/31/2024 |
4 | DNOW Q3 2024 Earnings Preview | 11/06/2024 |
5 | DNOW Q3 Earnings Snapshot | 11/07/2024 |
6 | Q3 2024 DNOW Inc Earnings Call Transcript | 11/08/2024 |
7 | DNOW Reliance on International Sales What Investors Need to Know | 11/11/2024 |
8 | Eagle Asset Management Inc. Buys 37,178 Shares of DNOW Inc. | 11/25/2024 |
9 | Disposition of 26186 shares by Paul Coppinger of Now at 15.35 subject to Rule 16b-3 | 11/27/2024 |
| Begin Period Cash Flow | 212 M |
Now |
Now Relative Risk vs. Return Landscape
If you would invest 1,245 in Now Inc on September 2, 2024 and sell it today you would earn a total of 260.00 from holding Now Inc or generate 20.88% return on investment over 90 days. Now Inc is currently generating 0.3215% in daily expected returns and assumes 2.2912% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Now, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Now Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Now's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Now Inc, and traders can use it to determine the average amount a Now's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1403
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Now is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Now by adding it to a well-diversified portfolio.
Now Fundamentals Growth
Now Stock prices reflect investors' perceptions of the future prospects and financial health of Now, and Now fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Now Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0595 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.38 B | ||||
| Shares Outstanding | 105.85 M | ||||
| Price To Earning | 12.79 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 0.68 X | ||||
| Revenue | 2.32 B | ||||
| Gross Profit | 506 M | ||||
| EBITDA | 164 M | ||||
| Net Income | 248 M | ||||
| Cash And Equivalents | 232 M | ||||
| Cash Per Share | 2.09 X | ||||
| Total Debt | 41 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 2.38 X | ||||
| Book Value Per Share | 10.51 X | ||||
| Cash Flow From Operations | 188 M | ||||
| Earnings Per Share | 1.87 X | ||||
| Market Capitalization | 1.6 B | ||||
| Total Asset | 1.53 B | ||||
| Retained Earnings | (828 M) | ||||
| Working Capital | 650 M | ||||
| Current Asset | 1.29 B | ||||
| Current Liabilities | 307 M | ||||
About Now Performance
Evaluating Now's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Now has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Now has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 74.80 | 100.00 | |
| 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 |
Things to note about Now Inc performance evaluation
Checking the ongoing alerts about Now for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Now Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 thelincolnianonline.com: Eagle Asset Management Inc. Buys 37,178 Shares of DNOW Inc. |
- Analyzing Now's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Now's stock is overvalued or undervalued compared to its peers.
- Examining Now's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Now's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Now's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Now's stock. These opinions can provide insight into Now's potential for growth and whether the stock is currently undervalued or overvalued.
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.