DNOW Stock Summary and Trading Ideas (Dnow | NYSE:DNOW)

Dnow Inc is a company engaged in world-wide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. It offers a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies. The Company has three reportable segments being United States, Canada and International.

Dnow trades on the NYSE stock market under the symbol DNOW.

As of March 3, 2025, DNOW stock price declined to $15.11 with 741,825 million shares trading.

DNOW has a beta of 1.46, meaning it tends to be more sensitive to market movements. DNOW has a correlation of 0.19 to the broad based SPY ETF.

DNOW has a market cap of $1.60 billion. This is considered a Small Cap stock.

Last quarter Dnow reported $571 million in Revenue and $.25 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.12.

In the last 3 years, DNOW traded as high as $18.45 and as low as $8.79.

The top ETF exchange traded funds that DNOW belongs to (by Net Assets): IJR, CALF, VTI, IWM, VB.

DNOW has underperformed the market in the last year with a price return of +6.6% while the SPY ETF gained +16.7%. However, in the short term, DNOW had mixed performance relative to the market. It has outperformed in the last 3 months, returning -0.1% vs -2.2% return in SPY. But in the last 2 weeks, DNOW shares have been beat by the market, returning -12.0% compared to an SPY return of -4.3%.

DNOW support price is $15.60 and resistance is $16.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DNOW shares will trade within this expected range on the day.