Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
NOV Inc (NYSE: NOV) closed the day trading at $12.22 up 0.74% from the previous closing price of $12.13. In other words, the price has increased by $0.74 from its previous closing price. On the day, 4.17 million shares were traded. NOV stock price reached its highest trading level at $12.295 during the session, while it also had its lowest trading level at $12.115.
Ratios:
For a better understanding of NOV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.99. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 4538080256 and an Enterprise Value of 5883077120. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.04, and their Forward P/E ratio for the next fiscal year is 10.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.90. 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 0.70. Its current Enterprise Value per Revenue stands at 0.669 whereas that against EBITDA is 4.965.
Stock Price History:
The Beta on a monthly basis for NOV is 1.35, which has changed by -0.30764872 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, NOV has reached a high of $19.01, while it has fallen to a 52-week low of $10.65. The 50-Day Moving Average of the stock is -5.56%, while the 200-Day Moving Average is calculated to be -12.44%.
Shares Statistics:
Over the past 3-months, NOV traded about 4.08M shares per day on average, while over the past 10 days, NOV traded about 5081620 shares per day. 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 103.61% stake in the company. Shares short for NOV as of 1752537600 were 29947482 with a Short Ratio of 7.34, compared to 1749772800 on 27258619. Therefore, it implies a Short% of Shares Outstanding of 29947482 and a Short% of Float of 17.66.
Dividends & Splits
NOV’s forward annual dividend rate is 0.30, up from 0.3 a year ago. Against a Trailing Annual Dividend Yield of 0.02473207The 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.
