NOW (DNOW) Earning Somewhat Favorable Media Coverage, Accern Reports

News articles about NOW (NYSE:DNOW) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NOW earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 45.8534597723849 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of NOW (NYSE DNOW) opened at $11.85 on Thursday. The firm has a market cap of $1,280.00, a P/E ratio of -10.58 and a beta of 0.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.72 and a quick ratio of 1.39. NOW has a one year low of $9.75 and a one year high of $22.86.

NOW (NYSE:DNOW) last announced its earnings results on Wednesday, November 1st. The oil and gas company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. The business had revenue of $697.00 million for the quarter, compared to the consensus estimate of $701.29 million. NOW had a negative net margin of 4.77% and a negative return on equity of 5.17%. NOW’s quarterly revenue was up 34.0% on a year-over-year basis. During the same period last year, the firm posted ($0.34) earnings per share. equities analysts anticipate that NOW will post -0.34 EPS for the current fiscal year.

A number of brokerages have recently issued reports on DNOW. Zacks Investment Research downgraded shares of NOW from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. BidaskClub raised shares of NOW from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. Susquehanna Bancshares reaffirmed a “neutral” rating and issued a $24.00 target price on shares of NOW in a research note on Thursday, November 2nd. Cowen set a $14.00 target price on shares of NOW and gave the company a “hold” rating in a research note on Friday, October 6th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $12.50 target price on shares of NOW in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $15.65.

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NOW Company Profile

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.

Insider Buying and Selling by Quarter for NOW (NYSE:DNOW)

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