National Oilwell Varco, Inc.[NOV] stock saw a move by 1.59% on Thursday, touching 1.34 million. Based on the recent volume, National Oilwell Varco, Inc. stock traders appear to be active. The most recent trading volume of NOV shares recorded 400.50M shares, which represents the daily volume of traded shares. Analysts estimates state that National Oilwell Varco, Inc. [NOV] stock could reach median target price of $25.00.

National Oilwell Varco, Inc. [NOV] stock additionally went down by -3.85% in the period of the 7 days, recording a drop in performance by -8.02% in the last 30 days. The yearly more of NOV stock is set at -55.79% by far, with shares price recording returns by -14.96% in the latest quarter. Over the past six months, NOV shares showcased -30.00% decrease. NOV saw -56.81% change opposing the low price in the last 12 months, also recording 4.75% compared to high within the same period of time.

National Oilwell Varco, Inc. [NYSE:NOV]: Analyst Rating and Earnings

Stock market traders frequently keep their eyes on what Wall Street experts as it relates to a potential investment. For National Oilwell Varco, Inc. [NOV], the most recent analyst consensus recommendation available since its latest financial results for the quarter ending in December. On average, stock market experts give NOV an Hold rating. Its stock price has been found in the range of 19.57 to 47.46. This is compared to its latest closing price of $20.18.

Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for National Oilwell Varco, Inc. [NOV] is sitting at 2.77. This is compared to 1 month ago, when its average rating was 2.73.

For the quarter ending in Mar-19 National Oilwell Varco, Inc. [NOV] generated $1.94 billion in sales. That’s 3.40% lower than the average estimate of $2.01 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.

Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Thu 24 Oct (In 72 Days).

Fundamental Analysis of National Oilwell Varco, Inc. [NOV]

Now let’s turn to look at profitability: with a current Operating Margin for National Oilwell Varco, Inc. [NOV] sitting at +2.45 and its Gross Margin at +17.03, this company’s Net Margin is now -63.20%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This company’s Return on Total Capital is 1.24, and its Return on Invested Capital has reached 0.90%. Its Return on Equity is -0.22, and its Return on Assets is -0.15. These metrics suggest that this National Oilwell Varco, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, National Oilwell Varco, Inc. [NOV] has generated a Total Debt to Total Equity ratio of 19.62. Similarly, its Total Debt to Total Capital is 16.40, while its Total Debt to Total Assets stands at 13.69. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 19.57, and its Long-Term Debt to Total Capital is 16.36. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.

What about valuation? This company’s Enterprise Value to EBITDA is 10.07 and its Total Debt to EBITDA Value is 3.02. The Enterprise Value to Sales for this firm is now 1.05, and its Total Debt to Enterprise Value stands at 0.24. National Oilwell Varco, Inc. [NOV] has a Price to Book Ratio of 0.71, a Price to Cash Flow Ratio of 18.65.

Shifting the focus to workforce efficiency, National Oilwell Varco, Inc. [NOV] earns $241,137 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.27 and its Total Asset Turnover is 0.42. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.83 and its Current Ratio is 3.11. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

National Oilwell Varco, Inc. [NOV] has 400.50M shares outstanding, amounting to a total market cap of $8.08B. Its stock price has been found in the range of 19.57 to 47.46. At its current price, it has moved down by -56.81% from its 52-week high, and it has moved up 4.75% from its 52-week low.

This stock’s Beta value is currently 1.32, which indicates that it is 4.18% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 44.94. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is National Oilwell Varco, Inc. [NOV] a Reliable Buy?

Shares of National Oilwell Varco, Inc. [NOV], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.