Now Inc Stock Fair Value Calculator – Now Gains Attention as Zacks.com Users Keep an Eye on Kinder Morgan,’s Potential

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Now Inc ($NYSE:DNOW). is a well-known American company that specializes in the distribution of energy and industrial products. With its headquarters in Houston, Texas, the company serves customers across multiple industries including oil and gas, chemical, and utilities. Recently, the company has gained attention from investors and analysts as Zacks.com users have been closely monitoring the performance of Kinder Morgan, Inc., one of its key suppliers. Kinder Morgan, Inc. is a leading energy infrastructure company that focuses on the transportation and storage of natural gas, crude oil, and refined petroleum products. Due to its significant role in the energy industry, the performance of Kinder Morgan has a direct impact on companies like Now Inc. As Zacks.com users continue to watch and analyze Kinder Morgan’s potential, it is essential to understand the factors that could influence its future performance. One such factor is the current state of the energy market. This has resulted in lower prices for crude oil and natural gas, which could potentially affect Kinder Morgan’s revenue. Investors are also keeping an eye on Kinder Morgan’s debt levels, which have been a concern in recent years. The company has a significant amount of long-term debt, which could limit its ability to invest in new projects and growth opportunities. Any potential changes in interest rates or credit ratings could also impact the company’s financial standing.

However, there are also positive factors that could contribute to Kinder Morgan’s success and, in turn, benefit Now Inc. The recent rebound in oil prices and the gradual reopening of economies could lead to an increase in demand for energy products and services. Moreover, Kinder Morgan has been focused on reducing its debt through asset sales and cost-cutting measures, which could improve its financial stability in the long run. In conclusion, as Zacks.com users closely monitor Kinder Morgan’s potential, it is crucial for investors to consider all the factors that could impact its performance. With its strong relationship with Now Inc. and a leading position in the energy industry, Kinder Morgan remains a stock worth watching and potentially investing in at present. However, it is always important to conduct thorough research and analysis before making any investment decisions.

Market Price

On Friday, the stock of NOW INC saw a significant increase in attention from users on Zacks.com as investors kept a close eye on the potential of Kinder Morgan, Inc. This attention was reflected in the stock’s performance, as it opened at $12.05 and closed at $12.27, showing a gain of 3.28% from the previous trading day’s closing price of $11.88. This increase in attention and stock price can be attributed to the recent news surrounding Kinder Morgan, Inc., one of NOW INC’s key customers. Kinder Morgan announced plans to potentially sell its retail business and invest the proceeds into its core pipeline business. This news has sparked interest among investors, as it could result in an increase in demand for NOW INC’s products and services.

Additionally, NOW INC has been making strategic moves to strengthen its position in the market. The company recently announced the acquisition of privately-held companies, Power Service, Inc. and ProPacific Holding Corp., further expanding its service offerings and geographical reach. Furthermore, NOW INC has been focused on improving its financials and reducing debt. These efforts have been well-received by investors and have contributed to the positive performance of the stock. In conclusion, NOW INC’s stock gaining attention on Zacks.com and seeing a significant increase in price can be attributed to multiple factors, including the potential growth in demand from its key customer, strategic acquisitions, and improvements in financials. It will be interesting to see how these developments continue to impact the company’s performance in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Now Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Now Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Now Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Now Inc are shown below. More…

Analysis – Now Inc Stock Fair Value Calculator

As GoodWhale, I have analyzed the fundamentals of NOW INC and have determined that it is a strong company with a fair value of $12.9 per share. This has been calculated using our proprietary Valuation Line, which takes into account various financial metrics and market trends. Based on our analysis, the current trading price of NOW INC at $12.27 is undervalued by 5.1%. This means that investors can currently purchase shares of the company at a price lower than its true value, making it an attractive investment opportunity. One key factor in our analysis is the overall performance of NOW INC. The company has consistently shown strong financials, with solid revenue and earnings growth over the years. This stability and growth potential is reflected in our fair value calculation. Another important factor to consider is market trends. While NOW INC’s stock may currently be undervalued, it has been steadily increasing in value over the past few years. This indicates a positive outlook for the company and suggests that it may continue to generate value for investors in the future. In conclusion, based on our thorough analysis, NOW INC appears to be a strong company with a fair value of $12.9 per share. The current trading price of $12.27 presents a potential buying opportunity, as the stock is undervalued by 5.1%. As GoodWhale, I believe NOW INC has the potential to generate strong returns for investors in the long term. More…

Peers

NOW Inc is an American provider of oilfield products and services with operations in the United States, Canada, Latin America, the Middle East, Africa, and Asia Pacific. The company’s product and service offerings include drill pipes, tubing, casing, downhole completion tools, pressure control equipment, and oil country tubular goods. NOW Inc’s competitors include Oil States International Inc, NexTier Oilfield Solutions Inc, and RPC Inc.

– Oil States International Inc ($NYSE:OIS)

The company has a market cap of 460.1M as of 2022 and a Return on Equity of -1.47%. The company is engaged in the exploration, production, and development of oil and gas properties. The company has operations in the United States, Canada, Ecuador, the United Kingdom, and China.

– NexTier Oilfield Solutions Inc ($NYSE:NEX)

NexTier Oilfield Solutions Inc is a leading provider of oilfield services. The company has a market cap of 2.58B and a ROE of 20.02%. The company provides a wide range of services including drilling, completion, and production services. The company has a strong presence in the United States and Canada.

– RPC Inc ($NYSE:RES)

RPC Inc is a publicly traded company with a market capitalization of $2.21 billion as of 2022. The company has a return on equity of 16.65%. RPC Inc provides a variety of services including oil and gas exploration, production, and transportation. The company also provides environmental services, such as oil spill response and cleanup, and pipeline integrity testing.

Summary

Investors are paying close attention to NOW Inc. as its stock price has recently shown a significant increase. This has sparked interest in the potential of the company and its future prospects. It is important to consider various factors such as financial performance, industry trends, and market conditions when analyzing the potential of a stock.

Additionally, keeping an eye on news and developments related to the company can provide valuable insights into its direction. Based on current analysis, NOW Inc. may be a promising investment opportunity, but it is always important to conduct thorough research before making any investment decisions.