Daily Market Movement: NOV Inc (NOV) Sees a -6.39% Decrease, Closing at $12.31

Nora Barnes

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of NOV Inc (NYSE: NOV) was $12.31 for the day, down -6.39% from the previous closing price of $13.15. In other words, the price has decreased by -$6.39 from its previous closing price. On the day, 3.52 million shares were traded. NOV stock price reached its highest trading level at $13.12 during the session, while it also had its lowest trading level at $12.285.

Ratios:

Our analysis of NOV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.34.

On March 24, 2025, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform but kept the price unchanged to $22.

Evercore ISI Downgraded its Outperform to In-line on January 15, 2025, whereas the target price for the stock was revised from $25 to $18.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 20 ’24 when HARRISON DAVID D sold 1,784 shares for $16.10 per share. The transaction valued at 28,722 led to the insider holds 110,951 shares of the business.

Livingston Scott B. sold 29,410 shares of NOV for $485,085 on Nov 07 ’24. The insider now owns 61,752 shares after completing the transaction at $16.49 per share. On Nov 07 ’24, another insider, Rovig Joseph W, who serves as the President – Energy Equipment of the company, sold 73,256 shares for $16.40 each. As a result, the insider received 1,201,076 and left with 191,567 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOV now has a Market Capitalization of 4571500032 and an Enterprise Value of 5916499968. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.11, and their Forward P/E ratio for the next fiscal year is 11.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.673 whereas that against EBITDA is 4.993.

Stock Price History:

The Beta on a monthly basis for NOV is 1.25, which has changed by -0.2391842 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, NOV has reached a high of $16.56, while it has fallen to a 52-week low of $10.65. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be -7.89%.

Shares Statistics:

NOV traded an average of 3.76M shares per day over the past three months and 3974680 shares per day over the past ten days. A total of 372.74M shares are outstanding, with a floating share count of 368.41M. Insiders hold about 0.80% of the company’s shares, while institutions hold 102.18% stake in the company. Shares short for NOV as of 1759190400 were 29801002 with a Short Ratio of 7.93, compared to 1756425600 on 26746514. Therefore, it implies a Short% of Shares Outstanding of 29801002 and a Short% of Float of 17.719999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.3, NOV has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.022813689. The stock’s 5-year Average Dividend Yield is 1.25. The current Payout Ratio is 17.15% for NOV, which recently paid a dividend on 2025-09-12 with an ex-dividend date of 2025-09-12. Stock splits for the company last occurred on 2014-06-02 when the company split stock in a 1109:1000 ratio.

Earnings Estimates

Its stock is currently analyzed by 8.0 different market analysts. The consensus estimate for the next quarter is $0.25, with high estimates of $0.28 and low estimates of $0.19.

Analysts are recommending an EPS of between $1.14 and $0.93 for the fiscal current year, implying an average EPS of $1.04. EPS for the following year is $1.12, with 10.0 analysts recommending between $1.32 and $0.96.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 16 analysts. It ranges from a high estimate of $2.16B to a low estimate of $2.12B. As of. The current estimate, NOV Inc’s year-ago sales were $2.19BFor the next quarter, 16 analysts are estimating revenue of $2.17B. There is a high estimate of $2.22B for the next quarter, whereas the lowest estimate is $2.1B.

A total of 17 analysts have provided revenue estimates for NOV’s current fiscal year. The highest revenue estimate was $8.65B, while the lowest revenue estimate was $8.53B, resulting in an average revenue estimate of $8.6B. In the same quarter a year ago, actual revenue was $8.87BBased on 18 analysts’ estimates, the company’s revenue will be $8.53B in the next fiscal year. The high estimate is $9.06B and the low estimate is $8.17B.

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