Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
NOV (NOV)
NYSE:NOV
Holding NOV?
Track your performance easily
NOV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$13.95 - $21.23
Previous CloseN/A
Volume342.46K
Average Volume (3M)4.31M
Market Cap
$5.88B
Enterprise Value$7.78B
Total Cash (Recent Filing)$1.41B
Total Debt (Recent Filing)$2.71B
Price to Earnings (P/E)5.6
Beta0.82
Next Earnings
Feb 04, 2025EPS Estimate
0.37Last Dividend Ex-Date
Dec 06, 2024Dividend Yield1.82%
Share Statistics
EPS (TTM)2.70
Shares Outstanding389,084,170
10 Day Avg. Volume2,966,260
30 Day Avg. Volume4,312,180
Standard Deviation0.15
R-Squared0.33
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)4.10
P/FCF Ratio5.00
Enterprise Value/Market Cap1.32
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit4.24
Enterprise Value/Ebitda6.54
Forecast
1Y Price Target
$18.64Price Target Upside19.33% Upside
Rating ConsensusHold
Number of Analyst Covering16
NOV News
PremiumCompany Announcements
NOV Appoints Chris Kendall to Board of Directors
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNOV reported a significant free cash flow beat and reiterated its target for over 50% free cash flow conversion, showcasing strong financial health.
Market OutlookNOV remains optimistic with future margin expansion expected due to a margin accretive backlog and promising prospects in offshore and wind sectors.
Shareholder ReturnsNOV is anticipated to be more active with share repurchases, enhancing shareholder value.
Bears Say
Financial Guidance4Q guidance was light with NOV seeing total revenues down and EBITDA below prior consensus.
Global Drilling SlowdownThe global drilling slowdown has intensified, leading both offshore and land drillers to reduce capital expenditures, which is a clear headwind to NOV.
Market OutlookThe outlook for NOV’s Products and Services segment has soured due to the global drilling slowdown, with almost no growth forecasted.
---
Ownership Overview
0.77% Insiders
37.31% Mutual Funds
0.34% Other Institutional Investors
33.39% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
NOV FAQ
What was NOV’s price range in the past 12 months?
NOV lowest stock price was $13.95 and its highest was $21.23 in the past 12 months.
What is NOV’s market cap?
NOV’s market cap is $5.88B.
When is NOV’s upcoming earnings report date?
NOV’s upcoming earnings report date is Feb 04, 2025 which is in 14 days.
How were NOV’s earnings last quarter?
NOV released its earnings results on Oct 24, 2024. The company reported $0.343 earnings per share for the quarter, missing the consensus estimate of $0.351 by -$0.008.
Is NOV overvalued?
According to Wall Street analysts NOV’s price is currently Undervalued.
Does NOV pay dividends?
NOV pays a Quarterly dividend of $0.275 which represents an annual dividend yield of 1.82%. See more information on NOV dividends here
What is NOV’s EPS estimate?
NOV’s EPS estimate is 0.37.
How many shares outstanding does NOV have?
NOV has 389,084,170 shares outstanding.
What happened to NOV’s price movement after its last earnings report?
NOV reported an EPS of $0.343 in its last earnings report, missing expectations of $0.351. Following the earnings report the stock price went up 2.962%.
Which hedge fund is a major shareholder of NOV?
Currently, no hedge funds are holding shares in NOV
---
NOV Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$18.64 (19.33% Upside)
$18.64 (19.33% Upside)
Blogger Sentiment
Bullish
NOV Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 15.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.76%
12-Months-Change
Fundamentals
Return on Equity
17.91%
Trailing 12-Months
Asset Growth
8.80%
Trailing 12-Months
Company Description
NOV
National Oilwell Varco, Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business. The Wellbore Technologies segment designs, manufactures, rents, and sells a variety of equipment and technologies used to perform drilling operations, and offers services that optimize their performance. The Completion and Production Solutions segment integrates technologies for well completions and oil and gas production. The company was founded in 1841 and is headquartered in Houston, TX.
---
NOV Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a company that is effectively navigating some challenging market conditions with strong execution leading to improved EBITDA, free cash flow, and a record backlog in flexible pipe. However, challenges in North American activity, a decline in drill pipe sales, and potential slowdown in offshore drilling equipment demand due to global economic concerns present significant headwinds.Read More>---
NOV Revenue Breakdown
36.96% Wellbore Technologies
35.35% Completion & Production Solutions
30.39% Rig Technologies
---
NOV Stock 12 Month Forecast
Average Price Target
$18.64
▲(19.33% Upside)
Technical Analysis
Halliburton
―
Schlumberger
―
Baker Hughes Company
―
Oceaneering International
―
TechnipFMC
―
Innovex International
―
Best Analysts Covering NOV
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+5.49%
assigned a buy rating 3 months ago
Copying Marc Bianchi's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +5.49% per trade.
---