NOV Inc/NOV

$18.75

1.35%
-
1D1W1MYTD1YMAX

About NOV Inc

NOV Inc. is an independent equipment and technology provider to the global energy industry. The Company operates through two segments: Energy Equipment, and Energy Products and Services. Its engineering knowhow, global supply chain management, manufacturing, and energy infrastructure development support provides capabilities to assist customers with energy transition advancement. It is also a geothermal equipment and technology provider, offering an array of tools and equipment specifically designed for the ultra-harsh conditions associated with geothermal development. Additionally, the Company is an equipment and technology provider for purpose-built vessels used to build, install, and maintain offshore wind towers and turbines. The Company is engaged in the development and commercialization of novel products and technologies to improve the efficiencies and economics of land and offshore-based wind, geothermal power generation, and carbon capture and sequestration.

Ticker

NOV

Sector

Energy

Trading on

NYSE

Industry

Oil Well Services & Equipment

CEO

Clay Williams

Employees

33,676

Headquarters

Houston, United States

NOV Inc Metrics

BasicAdvanced
$7.3B
Market cap
7.41
P/E ratio
$2.49
EPS
1.75
Beta
$0.20
Dividend rate
1.08%
Dividend yield
$7.3B
1.75154
$21.91
$14.05
4.53M
$0.20
2.398
1.515
31.242
31.842
7.96%
9.218
9.19%
17.63%
11.98%
7.407
0.851
1.18
1.758
1.08%
1.08%
18.6%
539.76%
12.12%

What the Analysts think about NOV Inc

Analyst Ratings

Majority rating from 24 analysts.
Buy

Price Targets

Average projection from 23 analysts.
28.48% upside
High $31.00
Low $17.00
$18.75
Current price
$24.09
Average price target

NOV Inc Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
25.52% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.34B
7.23%
Net income
$598M
424.56%
Profit margin
25.52%
389.83%

NOV Inc Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 32.4%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.32
$0.39
$0.29
$0.28
-
Expected
$0.22
$0.30
$0.34
$0.41
$0.27
Surprise
44.86%
31.88%
-15.86%
-32.4%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for NOV Inc stock?

NOV Inc (NOV) has a market cap of $7.32B as of April 21, 2024.

What is the P/E ratio for NOV Inc stock?

The price to earnings (P/E) ratio for NOV Inc (NOV) stock is 7.42 as of April 21, 2024.

Does NOV Inc stock pay dividends?

Yes, the NOV Inc (NOV) stock pays dividends to shareholders. As of April 21, 2024, the dividend rate is $0.2 and the yield is 1.08%. NOV Inc has a payout ratio of 7.96% on a trailing twelve-month basis.

When is the next NOV Inc dividend payment date?

The next NOV Inc (NOV) dividend payment date is unconfirmed.

What is the beta indicator for NOV Inc?

NOV Inc (NOV) has a beta rating of 1.75. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the NOV Inc stock price target?

The target price for NOV Inc (NOV) stock is $24.09, which is 28.48% above the current price of $18.75. This is an average based on projections from 23 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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