Now Inc Stock Net Income
DNOW Stock | USD 14.95 0.24 1.63% |
Now Inc fundamentals help investors to digest information that contributes to Now's financial success or failures. It also enables traders to predict the movement of Now Stock. The fundamental analysis module provides a way to measure Now's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Now stock.
Last Reported | Projected for Next Year | ||
Net Income Applicable To Common Shares | 115.2 M | 121 M | |
Net Income | 243 M | 255.2 M | |
Net Income From Continuing Ops | 248 M | 260.4 M | |
Net Income Per Share | 2.30 | 2.41 | |
Net Income Per E B T | 1.79 | 1.88 |
Now | Net Income |
Now Inc Company Net Income Analysis
Now's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Now Net Income | 243 M |
Most of Now's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Now Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Now Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Now is extremely important. It helps to project a fair market value of Now Stock properly, considering its historical fundamentals such as Net Income. Since Now's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Now's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Now's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Now Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Now Inc reported net income of 243 M. This is 89.3% lower than that of the Trading Companies & Distributors sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 57.44% higher than that of the company.
Now Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Now's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Now could also be used in its relative valuation, which is a method of valuing Now by comparing valuation metrics of similar companies.Now is currently under evaluation in net income category among its peers.
Now ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Now's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Now's managers, analysts, and investors.Environmental | Governance | Social |
Now Institutional Holders
Institutional Holdings refers to the ownership stake in Now that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Now's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Now's value.Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2.1 M | American Century Companies Inc | 2024-09-30 | 1.7 M | Jpmorgan Chase & Co | 2024-06-30 | 1.7 M | D. E. Shaw & Co Lp | 2024-09-30 | 1.5 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.3 M | Amvescap Plc. | 2024-06-30 | 1.3 M | Goldman Sachs Group Inc | 2024-06-30 | 1.2 M | Boston Partners Global Investors, Inc | 2024-09-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 19.1 M | Vanguard Group Inc | 2024-09-30 | 11.9 M |
Now Fundamentals
Return On Equity | 0.2 | ||||
Return On Asset | 0.0595 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 1.37 B | ||||
Shares Outstanding | 105.85 M | ||||
Shares Owned By Insiders | 2.01 % | ||||
Shares Owned By Institutions | 97.99 % | ||||
Number Of Shares Shorted | 3.07 M | ||||
Price To Earning | 12.79 X | ||||
Price To Book | 1.42 X | ||||
Price To Sales | 0.67 X | ||||
Revenue | 2.32 B | ||||
Gross Profit | 506 M | ||||
EBITDA | 166 M | ||||
Net Income | 243 M | ||||
Cash And Equivalents | 232 M | ||||
Cash Per Share | 2.09 X | ||||
Total Debt | 63 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 2.38 X | ||||
Book Value Per Share | 10.51 X | ||||
Cash Flow From Operations | 188 M | ||||
Short Ratio | 4.27 X | ||||
Earnings Per Share | 1.87 X | ||||
Target Price | 15.67 | ||||
Number Of Employees | 2.55 K | ||||
Beta | 1.45 | ||||
Market Capitalization | 1.58 B | ||||
Total Asset | 1.53 B | ||||
Retained Earnings | (828 M) | ||||
Working Capital | 650 M | ||||
Current Asset | 1.29 B | ||||
Current Liabilities | 307 M | ||||
Net Asset | 1.53 B |
About Now Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Now Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Now using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Now Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Now's price analysis, check to measure Now's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.