NOW (DNOW) to Release Earnings on Wednesday

NOW (NYSE:DNOW) will be releasing its earnings data before the market opens on Wednesday, February 14th. Analysts expect NOW to post earnings of ($0.05) per share for the quarter.

Shares of NOW (DNOW) opened at $9.87 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.39 and a current ratio of 2.72. NOW has a 52 week low of $9.12 and a 52 week high of $22.78. The company has a market capitalization of $1,010.00, a price-to-earnings ratio of -8.81 and a beta of 0.84.

A number of brokerages recently commented on DNOW. BidaskClub cut NOW from a “hold” rating to a “sell” rating in a research note on Monday, October 23rd. Cowen decreased their price objective on NOW from $14.00 to $10.00 and set a “market perform” rating for the company in a research note on Thursday, November 2nd. Zacks Investment Research cut NOW from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Stifel Nicolaus reissued a “buy” rating and issued a $12.50 target price on shares of NOW in a research note on Thursday, December 14th. Finally, Susquehanna Bancshares reissued a “neutral” rating and issued a $24.00 target price on shares of NOW in a research note on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $15.90.

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About NOW

NOW Inc (NOW) is a global distributor to the oil and gas and industrial markets. The Company operates under the DistributionNOW and Wilson Export brands. Its segments include the United States, Canada and International. As of December 31, 2016, its segments, the United States, Canada and International, had over 200, 55 and 35 locations, respectively.

Earnings History for NOW (NYSE:DNOW)

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