Dnow Inc (NYSE: DNOW) on Friday, plunged -1.66% from the previous trading day, before settling in for the closing price of $12.64. Within the past 52 weeks, DNOW’s price has moved between $9.44 and $15.65.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.08%. The company achieved an average annual earnings per share of -12.37%. With a float of $104.35 million, this company’s outstanding shares have now reached $106.26 million.
Considering the fact that the conglomerate employs 2475 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.92%, operating margin of 5.99%, and the pretax margin is 5.56%.
Dnow Inc (DNOW) Insider Activity
Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of Dnow Inc is 1.99%, while institutional ownership is 102.34%. The most recent insider transaction that took place on Aug 12 ’24, was worth 44,310. In this transaction an insider of this company sold 3,500 shares at a rate of $12.66, taking the stock ownership to the 43,648 shares. Before that another transaction happened on May 14 ’24, when Company’s VP and General Counsel sold 93,284 for $13.51, making the entire transaction worth $1,260,267. This insider now owns 283,837 shares in total.
Dnow Inc (DNOW) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.25 earnings per share (EPS) for the period topping the consensus outlook (set at 0.25) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.37% per share during the next fiscal year.
Dnow Inc (NYSE: DNOW) Trading Performance Indicators
Dnow Inc (DNOW) is currently performing well based on its current performance indicators. A quick ratio of 1.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57. Likewise, its price to free cash flow for the trailing twelve months is 6.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.08, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Dnow Inc (DNOW)
Compared to the last year’s volume of 0.94 million, its volume of 0.8 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.91%. Additionally, its Average True Range was 0.32.
During the past 100 days, Dnow Inc’s (DNOW) raw stochastic average was set at 23.91%, which indicates a significant increase from 21.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.72% in the past 14 days, which was lower than the 33.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.59, while its 200-day Moving Average is $13.16. Nevertheless, the first resistance level for the watch stands at $12.67 in the near term. At $12.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.03. If the price goes on to break the first support level at $12.30, it is likely to go to the next support level at $12.17. Should the price break the second support level, the third support level stands at $11.93.
Dnow Inc (NYSE: DNOW) Key Stats
Market capitalization of the company is 1.32 billion based on 106,800K outstanding shares. Right now, sales total 2,321 M and income totals 247,000 K. The company made 633,000 K in profit during its latest quarter, and 24,000 K in sales during its previous quarter.
