NOV Inc. (NYSE:NOV – Free Report) – Analysts at Zacks Research lifted their FY2025 EPS estimates for NOV in a research note issued to investors on Thursday, October 16th. Zacks Research analyst Team now anticipates that the oil and gas exploration company will post earnings per share of $0.94 for the year, up from their previous forecast of $0.93. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for NOV’s current full-year earnings is $1.40 per share. Zacks Research also issued estimates for NOV’s Q4 2025 earnings at $0.23 EPS, Q1 2026 earnings at $0.20 EPS and Q2 2026 earnings at $0.24 EPS.
Several other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. cut shares of NOV from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $17.00 to $15.00 in a report on Wednesday, July 30th. Evercore ISI dropped their target price on shares of NOV from $15.00 to $14.00 and set an “in-line” rating on the stock in a report on Wednesday, July 30th. Citigroup raised their target price on shares of NOV from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Royal Bank Of Canada dropped their target price on shares of NOV from $19.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, July 30th. Finally, Stifel Nicolaus dropped their target price on shares of NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.79.
NOV Price Performance
Shares of NOV opened at $13.09 on Monday. NOV has a twelve month low of $10.84 and a twelve month high of $16.86. The company has a quick ratio of 1.72, a current ratio of 2.58 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $12.99 and a 200 day moving average of $12.76. The company has a market capitalization of $4.86 billion, a P/E ratio of 10.73, a price-to-earnings-growth ratio of 3.80 and a beta of 1.26.
NOV (NYSE:NOV – Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The oil and gas exploration company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.16 billion. NOV had a net margin of 5.36% and a return on equity of 7.25%. NOV’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the business earned $0.57 EPS. NOV has set its Q3 2025 guidance at EPS.
NOV Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, September 12th. NOV’s dividend payout ratio (DPR) is currently 24.59%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of NOV. Banque Cantonale Vaudoise purchased a new position in shares of NOV during the 1st quarter worth $25,000. CoreFirst Bank & Trust bought a new stake in shares of NOV during the 2nd quarter valued at $35,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of NOV during the 1st quarter valued at $36,000. Hantz Financial Services Inc. raised its position in shares of NOV by 395.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,660 shares of the oil and gas exploration company’s stock valued at $45,000 after purchasing an additional 2,921 shares during the period. Finally, Signaturefd LLC raised its position in shares of NOV by 33.2% during the 2nd quarter. Signaturefd LLC now owns 3,733 shares of the oil and gas exploration company’s stock valued at $46,000 after purchasing an additional 931 shares during the period. Hedge funds and other institutional investors own 93.27% of the company’s stock.
NOV Company Profile
NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.
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