(DNOW) Now - Ratings and Ratios

DNOW Inc. (NYSE:DNOW) is a leading global distributor of downstream energy and industrial products, serving the petroleum refining, chemical processing, LNG terminals, power generation, and gas utilities sectors. The company operates across the United States, Canada, the United Kingdom, Norway, Australia, the Netherlands, Singapore, and the Middle East. Its extensive product portfolio includes pipes, manual and automated valves, fittings, flanges, gaskets, fasteners, electrical components, instrumentation, measurement products, and pumping solutions. Additionally, it offers modular process, production, measurement, automation, and control equipment, as well as consumable maintenance, repair, and operating supplies. The company also provides mill supplies, tools, safety supplies, personal protective equipment, artificial lift systems, coatings, and miscellaneous expendable items. Furthermore, DNOW supplies original equipment manufacturer (OEM) equipment, such as pumps, generator sets, air compressors, dryers, blowers, mixers, and valves, along with modular oil and gas wellsite facility solutions. Its services include application systems, work process integration, optimization solutions, and after-sales support. The company also offers supply chain and materials management solutions, including inventory planning, sourcing, procurement, and warehouse management, as well as logistics, point of issue technology, project management, business process optimization, and performance metrics reporting. DNOW serves a diverse customer base across the upstream, midstream, and downstream energy sectors, including drilling contractors, well-servicing companies, independent and national oil and gas companies, midstream operators, refineries, petrochemical, chemical, and utility companies, as well as industrial and manufacturing firms. The company, formerly known as NOW Inc., rebranded as DNOW Inc. in January 2024. Founded in 1862 and headquartered in Houston, Texas, DNOW Inc. operates as a key player in the energy and industrial distribution landscape.

DNOW Inc. is strategically positioned to support critical infrastructure and operational needs across the energy value chain. Its comprehensive product and service offerings enable customers to optimize efficiency, reduce costs, and maintain operational integrity. The companys global footprint and extensive distribution network allow it to deliver tailored solutions to meet the unique requirements of its clients. By leveraging its expertise in supply chain management and technical support, DNOW Inc. plays a vital role in ensuring the smooth operation of energy and industrial facilities worldwide. The companys commitment to innovation and customer satisfaction has established it as a trusted partner in the industry.

Based on the provided and , the 3-month forecast for DNOW Inc. (NYSE:DNOW) is as follows:

Over the next three months, DNOW is expected to experience moderate volatility, with the Average True Range (ATR) of 0.76 indicating potential price fluctuations. The stocks moving averages suggest a neutral to slightly bearish trend, as the SMA 20 (15.58) is slightly below the SMA 50 (15.86) and SMA 200 (14.13). The relatively high forward P/E ratio of 35.97 compared to the current P/E of 21.45 may indicate elevated expectations for future earnings. The price-to-book (P/B) ratio of 1.54 suggests the stock is fairly valued relative to its book value. The return on equity (RoE) of 7.18% reflects moderate profitability. Overall, DNOW is likely to remain range-bound, with potential upside driven by improving energy sector fundamentals and downside risk from broader market volatility.