DNOW Stock Recent News

We have screened bargain stocks MHO, DNOW, FSM, ODP and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

DNOW (DNOW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

DNOW Inc's Canada segment saw a double-digit decline in Q1 2024 due to unfavorable weather events, but delayed projects are expected to drive sales in the future. The U.S. segment remains strong, and the addition of Whitco Supply should boost the company's overall revenue in 2024. DNOW's long-term margin outlook is promising, with expected volume growth and a focus on operational efficiencies and margin expansion.

DNOW is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

DNOW's Q1 results are likely to gain from stronger project activity and an increase in international rig count. However, the higher cost of products is likely to have ailed its performance.

DNOW (DNOW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DNOW (DNOW) closed at $13.89 in the latest trading session, marking a -1.56% move from the prior day.

DNOW (DNOW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Here is how DNOW (DNOW) and Encore Wire (WIRE) have performed compared to their sector so far this year.

In the most recent trading session, DNOW (DNOW) closed at $14.68, indicating a -0.61% shift from the previous trading day.