For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, NOV Inc (NYSE: NOV) closed at $12.58 down -1.56% from its previous closing price of $12.78. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 4.51 million shares were traded. NOV stock price reached its highest trading level at $12.875 during the session, while it also had its lowest trading level at $12.48.
Ratios:
For a deeper understanding of NOV Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.14. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 4671771648 and an Enterprise Value of 6016768512. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.34, and their Forward P/E ratio for the next fiscal year is 10.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.685 whereas that against EBITDA is 5.077.
Stock Price History:
The Beta on a monthly basis for NOV is 1.33, which has changed by -0.32691276 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, NOV has reached a high of $20.83, while it has fallen to a 52-week low of $10.65. The 50-Day Moving Average of the stock is -2.77%, while the 200-Day Moving Average is calculated to be -10.11%.
Shares Statistics:
For the past three months, NOV has traded an average of 4.07M shares per day and 5028150 over the past ten days. A total of 372.74M shares are outstanding, with a floating share count of 368.37M. Insiders hold about 0.81% of the company’s shares, while institutions hold 102.66% stake in the company. Shares short for NOV as of 1752537600 were 29947482 with a Short Ratio of 7.35, compared to 1749772800 on 27258619. Therefore, it implies a Short% of Shares Outstanding of 29947482 and a Short% of Float of 17.349999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for NOV is 0.30, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02347418The 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 2025-06-13 with an ex-dividend date of 2025-06-13. Stock splits for the company last occurred on 2014-06-02 when the company split stock in a 1109:1000 ratio.
