Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, NOV Inc (NYSE: NOV) closed at $12.33 down -0.08% from its previous closing price of $12.34. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 2.73 million shares were traded. NOV stock price reached its highest trading level at $12.35 during the session, while it also had its lowest trading level at $12.015.
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 4.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.04. 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 4578930176 and an Enterprise Value of 5923927040. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.13, and their Forward P/E ratio for the next fiscal year is 11.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.44. 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 0.674 whereas that against EBITDA is 4.999.
Stock Price History:
The Beta on a monthly basis for NOV is 1.35, which has changed by -0.31270903 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, NOV has reached a high of $18.08, while it has fallen to a 52-week low of $10.65. The 50-Day Moving Average of the stock is -4.78%, while the 200-Day Moving Average is calculated to be -10.85%.
Shares Statistics:
For the past three months, NOV has traded an average of 4.06M shares per day and 3450730 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 103.61% stake in the company. Shares short for NOV as of 1753920000 were 24503588 with a Short Ratio of 6.04, compared to 1751241600 on 27557523. Therefore, it implies a Short% of Shares Outstanding of 24503588 and a Short% of Float of 14.57.
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 0.024311183The 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 2025-09-12. Stock splits for the company last occurred on 2014-06-02 when the company split stock in a 1109:1000 ratio.
