最新ニュース Dnow (NYSE:DNOW) 株価情報

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 as well as companies operating in the decarbonization, energy transition and renewables end markets.

Dnow Inc

<h3>Gainers</h3>
<ul>
<li>New Horizon Aircraft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOVR#NASDAQ">HOVR</a>) stock increased by 22.3% to $0.75 during Monday's pre-market session. The market value of their outstanding shares is at $18.4 million. </li>
<li>Palladyne AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>) stock increased by 18.98% to $4.2. The company's market cap stands at $126.4 million. </li>
<li>Sidus Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) stock increased by 15.15% to $4.56. The market value of their outstanding shares is at $39.6 million. </li>
<li>Turbo Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TURB#NASDAQ">TURB</a>) shares increased by 15.06% to $1.93. The company's market cap stands at $21.2 million. </li>
<li>FiscalNote Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) shares rose 11.7% to $1.24. The company's market cap stands at $179.4 million. </li>
<li>Samfine Creation Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFHG#NASDAQ">SFHG</a>) stock rose 11.59% to $0.77. The company's market cap stands at $17.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Wilhelmina International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLM#NASDAQ">WHLM</a>) stock fell 17.2% to $3.42 during Monday's pre-market session. The market value of their outstanding shares is at $17.6 million. </li>
<li>Nuburu (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BURU#AMEX">BURU</a>) shares declined by 8.63% to $0.44. The company's market cap stands at $8.5 million. </li>
<li>Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) shares decreased by 8.62% to $65.46. The market value of their outstanding shares is at $4.5 billion. </li>
<li>Azul (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZUL#NYSE">AZUL</a>) shares declined by 8.39% to $1.64. The company's market cap stands at $190.1 million. </li>
<li>Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) shares fell 7.61% to $11.91. The company's market cap stands at $1.2 billion. </li>
<li>Shimmick (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) stock fell 6.92% to $2.29. The market value of their outstanding shares is at $77.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AZUL

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12 Industrials Stocks Moving In Monday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.2% on Monday.
Shares of Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) fell sharply in today's pre-market trading after a US jury reportedly found Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) did not breach Nuvia&#8217;s license agreement <a href="https://www.benzinga.com/quote/ARM">with the company</a>.
Arm Holdings shares fell 2.3% to $129.14 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Core Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLB#NYSE">CLB</a>) shares dipped 11% to $15.00 in pre-market trading.</li>
<li>Astria Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) shares declined 10.8% to $8.53 in pre-market trading.</li>
<li>SIGA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGA#NASDAQ">SIGA</a>) declined 8.5% to $5.41 in pre-market trading.</li>
<li>Dnow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) fell 7.7% to $11.90 in pre-market trading.</li>
<li>DiamondRock Hospitality Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRH#NYSE">DRH</a>) fell 4.3% to $8.92 in pre-market trading.</li>
<li>NI Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NODK#NASDAQ">NODK</a>) fell 3.8% to $14.73 in pre-market trading.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

News

Pre-Market Outlook

Markets

Trading Ideas

ATXS

NODK

QCOM

SIGA

Arm Holdings And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) reported quarterly earnings of $0.21 per share which met the analyst consensus estimate. This is a 16 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $606.000 million which missed the analyst consensus estimate of $614.925 million by 1.45 percent. This is a 3.06 percent increase over sales of $588.000 million the same period last year.

Earnings

Earnings Misses

Dnow Q3 2024 Adj. EPS $0.21, Inline, Sales $606.000M Miss $614.925M Estimate

WIIM

CTOS

DSGR

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TITN

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XMTR

Shares of industrial distribution companies are trading higher. Investors may be weighing the potential impact of Donald Trump's policies on the sector.

Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.24 by 4.17 percent. The company reported quarterly sales of $633.000 million which beat the analyst consensus estimate of $632.500 million by 0.08 percent. This is a 6.57 percent increase over sales of $594.000 million the same period last year.

Earnings Beats

Dnow Q2 2024 Adj. EPS $0.25 Beats $0.24 Estimate, Sales $633.000M Beat $632.500M Estimate

Stifel analyst Nathan Jones maintains Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) with a Buy and raises the price target from $16 to $17.

Price Target

Analyst Ratings

Stifel Maintains Buy on Dnow, Raises Price Target to $17

Susquehanna analyst Charles Minervino maintains Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) with a Neutral and lowers the price target from $15 to $14.

Susquehanna Maintains Neutral on Dnow, Lowers Price Target to $14

5 analysts have shared their evaluations of Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Dnow and provided 12-month price targets. The average target is $15.6, accompanied by a high estimate of $18.00 and a low estimate of $13.00. This upward trend is evident, with the current average reflecting a 11.43% increase from the previous average price target of $14.00.
<img src="https://www.benzinga.com/files/images/story/2024/1715608833_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Dnow among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$18.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dnow. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Dnow compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Dnow's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Dnow's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DNOW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Dnow analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know Dnow Better</h2>
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 as well as companies operating in the decarbonization, energy transition and renewables end markets.
<h3>Breaking Down Dnow's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Dnow's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 1.46%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 26.13%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Dnow's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.77% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Dnow's ROA stands out, surpassing industry averages. With an impressive ROA of 9.98%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.04, Dnow adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Dnow Through 5 Analysts

Susquehanna analyst Charles Minervino maintains Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) with a Neutral and lowers the price target from $16 to $15.

Susquehanna Maintains Neutral on Dnow, Lowers Price Target to $15

The CNN Money Fear and Greed index remained in the &#8220;Neutral&#8221; zone on Friday.
U.S. stocks settled mostly higher on Friday, with the Dow Jones index recording gains for the eighth straight session and notching its best week of the year.
U.S. major indices also recorded gains last week, with the Dow gaining 2.16% to record its fourth positive week in a row. The S&amp;P 500 gained 1.85%, gaining for the third straight week.
Shares of Sweetgreen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SG#NASDAQ">SG</a>) jumped around 34% on Friday after the company reported better-than-expected first-quarter sales results. DNOW Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) shares tumbled over 10% after the company posted weaker-than-expected first-quarter financial results on Friday.
On the economic data front, the University of Michigan consumer sentiment declined to 67.4 in May versus 77.2 in the prior month, recording the weakest level in six months. However, markets were expecting a reading of 76. Data on April's consumer price index will be released this week.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer staples, information technology and financial stocks recording the biggest gains on Friday. However, consumer discretionary and energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 125 points to 39,512.84 on Friday. The S&amp;P 500 rose 0.16% at 5,222.68, while the Nasdaq Composite slipped 0.03% at 16,340.87 during Friday's session.
Investors are awaiting earnings results from Paysafe Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSFE#NYSE">PSFE</a>), StoneCo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STNE#NASDAQ">STNE</a>), and Tencent Music Entertainment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TME#NYSE">TME</a>) today.
At a current reading of 47.5, the index remained in the &#8220;Neutral&#8221; zone on Friday, versus a prior reading of 47.7.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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PSFE

STNE

Fear & Greed Index In 'Neutral' Zone; Dow Records Gains For 8th Session

U.S. stocks traded higher this morning, with the Dow Jones index jumping over 100 points on Friday.
Following the market opening Friday, the Dow traded up 0.33% to 39,516.53 while the NASDAQ rose 0.43% to 16,416.55. The S&amp;P 500 also rose, gaining, 0.38% to 5,233.70.
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Leading and Lagging Sectors Information technology shares rose by 1% on Friday.
In trading on Friday, communication services shares fell by 0.2%.
Top Headline
DNOW Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) posted weaker-than-expected first-quarter financial results on Friday.
DNOW posted adjusted earnings of 21 cents per share, missing market estimates of 23 cents per share. The company's quarterly sales came in at $563.000 million, versus expectations of $569.150 million.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Novavax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) shares shot up 128% to $10.18 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.</li>
<li>Shares of iTeos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITOS#NASDAQ">ITOS</a>) got a boost, surging 41% to $17.18 after the company announced a $120 million registered direct offering and reported Q1 financial results.</li>
<li>AEye, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) shares were also up, gaining 45% to $1.70 after the company disclosed a partnership with LITEON Technology Corporation.</li>
</ul>
Equities Trading DOWN
<ul>
<li>MacroGenics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNX#NASDAQ">MGNX</a>) shares dropped 72% to $4.15 after the company reported worse-than-expected first-quarter financial results.</li>
<li>Shares of Evolv Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) were down 42% to $2.2250 after the company reported worse-than-expected first-quarter financial results and lowered its FY24 sales guidance below estimates.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) was down, falling 31% to $0.0480.</li>
</ul>
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Commodities In commodity news, oil traded up 0.8% to $79.88 while gold traded up 1.7% at $2,381.10.
Silver traded up 1.8% to $28.87 on Friday, while copper rose 2.2% to $4.6850.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.8%, Germany's DAX rose 0.5% and France's CAC 40 gained 0.7%. Spain's IBEX 35 Index rose 0.6%, while London's FTSE 100 rose 0.7%.
Industrial production in Italy declined by 0.5% month-over-month in March compared to a revised flat reading in the prior month.
The GDP in the UK expanded 0.4% month-over-month in March compared to revised 0.2% gain in February. UK&#8217;s trade deficit shrank to £1.098 billion in March versus a revised £1.478 billion in the previous month. Industrial production in the UK climbed 0.2% month-over-month during March.
Asia Pacific Markets
Asian markets closed higher on Friday, with Japan's Nikkei gaining 0.41%, China's Composite Index gaining 0.01%, Hong Kong's Hang Seng Index gaining 2.30% and India's S&amp;P BSE Sensex gaining 0.36%.
The gauge for Japan's service sector fell to 47.4 in April from 49.8 in the prior month, while value of loans in Japan rose 3.1% year-over-year in April. Japanese current account surplus widened to JPY 3,398.8 billion in March versus JPY 2,360.0 billion in the year-ago month.
Economics
Data on consumer sentiment will be released today.
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Eurozone

Commodities

EVLV

GWAV

ITOS

LIDR

MGNX

NVAX

Dow Jumps Over 100 Points; DNOW Posts Downbeat Earnings

<h3>Gainers</h3>
<ul>
<li>Getaround (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETR#NYSE">GETR</a>) stock moved upwards by 20.8% to $0.24 during Friday's pre-market session. The market value of their outstanding shares is at $22.8 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Nuburu (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BURU#AMEX">BURU</a>) stock rose 10.63% to $0.16. The market value of their outstanding shares is at $6.0 million. </li>
<li>Microvast Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) shares rose 10.58% to $0.48. The market value of their outstanding shares is at $152.3 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>Array Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) stock increased by 9.83% to $13.74. The company's market cap stands at $2.0 billion. The company's, Q1 earnings came out yesterday. </li>
<li>AERWINS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares increased by 7.14% to $3.0. The market value of their outstanding shares is at $2.7 million. </li>
<li>SOS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOS#NYSE">SOS</a>) shares moved upwards by 6.95% to $1.23. The market value of their outstanding shares is at $21.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Flux Power Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLUX#NASDAQ">FLUX</a>) stock fell 23.6% to $3.5 during Friday's pre-market session. The company's market cap stands at $57.8 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock fell 19.75% to $0.06. The market value of their outstanding shares is at $8.4 million. </li>
<li>Pineapple Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) stock decreased by 18.77% to $0.06. The company's market cap stands at $5.3 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>iSun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) shares decreased by 9.6% to $0.16. </li>
<li>FTC Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) shares decreased by 7.28% to $0.51. The market value of their outstanding shares is at $64.2 million. The company's, Q1 earnings came out today. </li>
<li>Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) stock declined by 6.93% to $13.84. The company's market cap stands at $1.5 billion. As per the news, the Q1 earnings report came out today. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARRY

AWIN

FLUX

FTCI

GETR

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MVST

PEGY

12 Industrials Stocks Moving In Friday's Pre-Market Session

NOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.23 by 8.7 percent. The company reported quarterly sales of $563.000 million which missed the analyst consensus estimate of $569.150 million by 1.08 percent. This is a 3.60 percent decrease over sales of $584.000 million the same period last year.

NOW Q1 2024 Adj EPS $0.21 Misses $0.23 Estimate, Sales $563.000M Miss $569.150M Estimate

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects DNOW Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) to report quarterly earnings at 23 cents per share on revenue of $569.15 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. DNOW shares rose 0.9% to $15.00 in after-hours trading.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) reported stronger-than-expected financial results for the first quarter on Thursday. The company posted adjusted earnings of 6 cents per share, versus market expectations for a loss of 3 cents per share. Array Technologies shares 9.5% to $13.70 in the after-hours trading session.</li>
<li>Analysts are expecting Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>) to post quarterly earnings at 60 cents per share on revenue of $8.95 billion. The company will release earnings before the markets open. Enbridge shares gained 0.4% to $37.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Funko, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) reported better-than-expected first-quarter earnings and issued strong earnings forecast for the second quarter. The company also appointed Cynthia Williams as its Chief Executive Officer, effective May 20. Funko shares jumped 12.2% to $7.65 in the after-hours trading session.</li>
<li>Analysts expect Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) to post quarterly earnings at 54 cents per share on revenue of $943.44 million after the closing bell. Hawaiian Electric shares rose 1.7% to $10.41 in after-hours trading.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/05/38730657/jim-cramer-says-buy-this-tech-stock-right-here-likes-cognex">Jim Cramer Says Buy This Tech Stock Right Here, Likes Cognex</a>

FNKO

Enbridge, Funko And 3 Stocks To Watch Heading Into Friday

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, but the index remained in the &#8220;Fear&#8221; zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index recording gains for the seventh straight session.
Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) posted better-than-expected first-quarter financial results, but issued weak guidance. Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) shares dipped around 7% on Thursday after the company reported first-quarter financial results.
On the economic data front, U.S. initial jobless claims increased by 22,000 to 231,000 on the week ending May 4, higher than market estimates of 210,000.
Most sectors on the S&amp;P 500 closed on a positive note, with utilities, real estate and energy stocks recording the biggest gains on Thursday. However, information technology stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 331 points to 39,387.76 on Thursday. The S&amp;P 500 rose 0.51% at 5,214.08, while the Nasdaq Composite rose 0.27% at 16,346.26 during Thursday's session.
Investors are awaiting earnings results from Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>), Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), and DNOW Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) today.
At a current reading of 44.1, the index remained in the &#8220;Fear&#8221; zone on Thursday, versus a prior reading of 42.8.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: <a href="https://www.benzinga.com/news/24/05/38730657/jim-cramer-says-buy-this-tech-stock-right-here-likes-cognex">Jim Cramer Says Buy This Tech Stock Right Here, Likes Cognex</a>

ABNB

RBLX

Investor Sentiment Improves Further, Dow Jumps Over 300 Points

Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.75, along with a high estimate of $18.00 and a low estimate of $13.00. Surpassing the previous average price target of $13.50, the current average has increased by 16.67%.
<img src="https://www.benzinga.com/files/images/story/2024/1712577654_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Dnow's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$18.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dnow. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Dnow compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into Dnow's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/DNOW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Dnow analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Dnow's Background</h2>
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 as well as companies operating in the decarbonization, energy transition and renewables end markets.
<h3>Financial Insights: Dnow</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Dnow's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 1.46%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Dnow's net margin is impressive, surpassing industry averages. With a net margin of 26.13%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Dnow's ROE excels beyond industry benchmarks, reaching 14.77%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Dnow's ROA excels beyond industry benchmarks, reaching 9.98%. This signifies efficient management of assets and strong financial health.
Debt Management: Dnow's debt-to-equity ratio is below the industry average. With a ratio of 0.04, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: Simplified</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Dnow Analyst Ratings

Susquehanna analyst Charles Minervino maintains Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) with a Neutral and raises the price target from $13 to $16.

Susquehanna Maintains Neutral on Dnow, Raises Price Target to $16

Stifel analyst Nathan Jones maintains Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) with a Buy and raises the price target from $16 to $18.

Stifel Maintains Buy on Dnow, Raises Price Target to $18

<h3>Gainers</h3>
<ul>
<li>Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) shares moved upwards by 29.9% to $6.47 during Thursday's regular session. The company's market cap stands at $189.0 million. </li>
<li>Energous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WATT#NASDAQ">WATT</a>) stock moved upwards by 26.61% to $2.45. The company's market cap stands at $12.7 million. </li>
<li>ATIF Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATIF#NASDAQ">ATIF</a>) stock rose 26.5% to $1.05. The market value of their outstanding shares is at $10.1 million. </li>
<li>Guardforce AI Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFAI#NASDAQ">GFAI</a>) shares rose 23.88% to $3.63. The market value of their outstanding shares is at $35.6 million. </li>
<li>Dnow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) stock rose 19.97% to $11.77. The company's market cap stands at $1.2 billion. As per the press release, Q4 earnings came out today. </li>
<li>Tigo Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TYGO#NASDAQ">TYGO</a>) shares increased by 15.47% to $1.94. The company's market cap stands at $113.9 million. The company's, Q4 earnings came out 2 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) stock fell 36.6% to $0.83 during Thursday's regular session. The market value of their outstanding shares is at $12.4 million. </li>
<li>Innodata (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) shares decreased by 24.93% to $9.2. The company's market cap stands at $264.1 million. </li>
<li>Addentax Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXG#NASDAQ">ATXG</a>) shares decreased by 24.53% to $1.17. The market value of their outstanding shares is at $5.0 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Clean Energy Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETY#NASDAQ">CETY</a>) shares decreased by 24.09% to $0.82. The company's market cap stands at $32.1 million. </li>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock decreased by 15.9% to $1.43. The market value of their outstanding shares is at $61.1 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Manitowoc Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>) shares fell 14.82% to $14.01. The market value of their outstanding shares is at $491.3 million. As per the news, the Q4 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Thursday's Intraday Session

DNOW shares are trading higher after the company reported better-than-expected Q4 financial results.

DNOW Q3 2024 Earnings Preview

NOW Non-GAAP EPS of $0.21 in-line, revenue of $606M misses by $8.92M

Reports Q3 revenue $606M, consensus $614.92M. David Cherechinsky, President and CEO of DNOW (DNOW), added, "The Company achieved solid results this...

Dnow reports Q3 adjusted EPS 21c, consensus 21c

DNOW Inc (DNOW) Q3 2024 Earnings Call Transcript

Now Inc ( ($DNOW) ) has released its Q3 earnings. Here is a breakdown of the information Now Inc presented to its investors. DNOW Inc. is a global ...

DNOW Inc. Shows Strong Q3 Performance Amid Challenges

In a report released on November 8, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Now (DNOW – Research Report), with a price target ...

Stifel Nicolaus Sticks to Their Buy Rating for Now (DNOW)

DNOW Inc: Not Really Attractive At This Stage As Growth Is Slowing Down.

IYJ: Industrials Dashboard For November

PRN: Industrials Dashboard For December

Amid oil price volatility driven by the Middle East crisis, regulatory optimism signals a rise in energy demand in the long term. Thus, strategic investments in Suncor Energy (SU), DNOW Inc. (DNOW), and MRC Global (MRC) could unlock opportunities, leveraging their resilience and positioning to thrive in a rapidly evolving and growing energy market. Read more… The global energy market has taken a hit as the conflict in the Middle east pertains and continues to run free without an end in sight. Even with a curbing of oil supply by the OPEC+ creating price volatility, the energy sector remains resilient about its future.
Amid this backdrop, investors could scoop up shares of fundamentally stable energy stocks, Suncor Energy Inc. (<a href="https://stocknews.com/stock/SU/">SU</a>), DNOW Inc. (<a href="https://stocknews.com/stock/DNOW/">DNOW</a>), and MRC Global Inc. (<a href="https://stocknews.com/stock/MRC/">MRC</a>). Even with a grim short-term outlook, these stocks are well positioned to capitalize on the growing energy demand.
The Israel-Hamas conflict has deeply impacted the global oil supply chain, creating ripples across markets. Compounding this disruption, OPEC+ recently <a href="https://oilprice.com/Latest-Energy-News/World-News/Eni-CEO-Says-OPEC-Moves-Raise-Oil-Price-Volatility.html">deferred its planned easing of production cuts</a> from December 2024 to January 2025. The shift has intensified concerns about supply stability, further unsettling an already volatile energy market.
Despite these uncertain conditions, OPEC and the International Energy Agency (IEA) remain confident about the state of global gas demand for the coming years. OPEC forecasts robust medium-term growth in oil demand, expecting it to reach <a href="https://www.cnbc.com/2024/09/24/opec-is-bullish-on-long-term-oil-demand-growth-not-everyone-agrees.html">112.3 million barrels per day</a> by 2029 and an overall growth of 24% in global energy demand.
On the other hand, the IEA anticipates a global demand for natural gas to <a href="https://www.iea.org/news/natural-gas-demand-growth-picks-up-in-2024-amid-uncertainties-over-supply">rise more than 2.5%</a> in 2024, with similar growth projected for 2025. These optimistic stances on the global energy market creates a thriving ground for energy stocks to breathe, even in the face of oil price volatility.
So, let us dive deep into the fundamentals of three energy stocks, starting with #3.
Stock #3: Suncor Energy Inc. (<a href="https://stocknews.com/stock/SU/">SU</a>)
Headquartered in Calgary, Canada, SU is an integrated energy company that explores, develops, and produces bitumen, synthetic crude oil and refines crude oil products. It functions three segments: Oil Sands; Exploration and Production; and Refining and Marketing.
On March 7, SU announced the <a href="https://www.suncor.com/-/media/project/suncor/files/news-releases/2024/2024-03-07-nr-fort-mckay-first-nation-and-su-to-partner-on-prospective-os-dev-opportunity-en.pdf?modified=20240613191936&amp;created=20240307180528">signing of a memorandum of understanding</a> with Fort McKay First Nation on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory.
The development is expected to strengthen SU's bitumen portfolio and unlocks bitumen supply post 2040 for the company, enhancing its long-term growth.
For the fiscal 2024 third quarter that ended September 30, SU's net earnings and net earnings per common share increased 30.8% and 33.6% year-over-year to CAD $2.02 billion ($1.41 billion) and CAD $1.59, respectively. Its adjusted operating earnings came in at CAD $1.88 billion ($1.31 billion).
Additionally, SU's adjusted funds from operations and adjusted funds from operations per common share grew 4.2% and 6.4% from the prior year's quarter to CAD $3.79 billion ($2.66 billion) and CAD $2.98, respectively.
Analysts expect SU's revenue and EPS for the fiscal year ending December 2024 to come in at $35.95 billion and $3.68, respectively. Moreover, the company surpassed the consensus EPS estimates in all of the trailing four quarters, which is noteworthy.
Shares of SU have surged 15.9% over the past year, closing the last trading session at $35.84.
SU's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> mirror its fundamentals. SU has an A grade for Quality and a B for Stability and Momentum. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
SU is ranked #13 out of 76 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy - Oil &amp; Gas</a> industry. In addition to the POWR Ratings highlighted above, you can check SU's ratings for Value, Sentiment, and Growth <a href="https://stocknews.com/stock/SU/">here</a>.
Stock #2: DNOW Inc. (<a href="https://stocknews.com/stock/DNOW/">DNOW</a>)
DNOW is a distributor of downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and customer on-site locations. It offers consumable maintenance, repair, and operating supplies; pipes, manual and automated valves, fittings and more.
On November 26, DNOW <a href="https://ir.dnow.com/news-releases/news-release-details/dnow-announces-acquisition-trojan-rentals-llc">announced an all-cash acquisition</a> of Trojan Rentals, LLC, a provider of pump rentals, automation technology and more. The acquisition strengthens DNOW's water management solution offerings through Trojan's automation portfolio and helps equip the company with the required portfolio to meet the growing demand of complex water management.
On March 12, DNOW announced the <a href="https://ir.dnow.com/news-releases/news-release-details/dnow-completes-acquisition-whitco-supply">all-cash acquisition of Whitco Supply, LLC</a>, an energy products and solutions company. This acquisition is expected to strengthen DNOW's position in midstream, E&amp;P, and adjacent markets and unlock its growth prospects in the aforementioned markets.
For the fiscal third quarter that ended September 30, 2024, DNOW's revenue increased 3.1% year-over-year to $606 million. Its EBITDA excluding other costs was reported to be $42 million.
Additionally, non-GAAP net income attributable to DNOW excluding other costs and EPS attributable to DNOW stockholders excluding other costs came in at $22 million and $0.21, respectively.
Street expects DNOW's revenue for the fiscal year ending December 2024 to increase 1.5% year-over-year to $2.36 billion. Meanwhile, its EPS for the ongoing fiscal year is expected to come in at $0.80. In addition, the company surpassed the consensus EPS estimates in three of four trailing quarters.
DNOW's shares have surged 7.7% over the past three months and 25% over the past year to close the last trading session at $13.80.
DNOW's solid prospects are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
DNOW has a B grade for Value and Quality. Within the <a href="https://stocknews.com/category/energy-services/">Energy – Services</a> industry, it is ranked #8 out of 53 stocks.
<a href="https://stocknews.com/stock/DNOW/">Click here</a> to see DNOW's ratings for Growth, Momentum, Stability, and Sentiment.
Stock #1: MRC Global Inc. (<a href="https://stocknews.com/stock/MRC/">MRC</a>)
MRC is a distributor of pipes, valves, fittings, and other infrastructure products and services. The company offers diaphragm, needle, and plug valves, lined corrosion resistant piping systems, control valves, valve automation, valve modification services and more.
On June 13, MRC's subsidiary, MRC Global (US) Inc. <a href="https://investor.mrcglobal.com/news-releases/news-release-details/mrc-global-selected-primary-provider-pipe-valves-and-fittings">announced the signing of an agreement</a> with Exxon Mobil Corporation (<a href="https://stocknews.com/stock/XOM/">XOM</a>) to provide pipe, valves and fitting (PVF) products and services to XOM in North America.
The agreement is expected to boost MRC's income streams and establish a stronger market presence within the energy industry.
For the fiscal 2024 third quarter that ended September 30, MRC's sales came in at $797 million. Its adjusted gross profit was reported to be $166 million. The company's <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> stood at $48 million. Moreover, adjusted net income and adjusted net income attributable to common stockholders amounted to $19 million and $0.22, respectively.
The consensus revenue and EPS estimates of $3.20 billion and $1.09 for the fiscal year ending December 2025 reflect a year-over-year rise of 1.1% and 32.4%, respectively. Furthermore, the company topped the consensus EPS estimates in all of the trailing four quarters.
The stock has surged 6.9% over the past six months and 23.8% over the past year to close the last trading session at $13.18.
MRC's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
MRC has an A grade for Value and Sentiment. Within the Energy - Services industry, MRC is ranked #5 out of 53 stocks.
To see the stock's ratings for Growth, Momentum, Stability, and Quality, <a href="https://stocknews.com/stock/MRC/">click here</a>.
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SU shares rose $0.16 (+0.45%) in premarket trading Wednesday. Year-to-date, SU has gained 16.79%, versus a 28.33% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/su-dnow-mrc-xom-3-energy-stocks-gaining-from-oil-price-volatility/>3 Energy Stocks Gaining from Oil Price Volatility</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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