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 $12.43 down -2.36% from its previous closing price of $12.73. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 7.61 million shares were traded. NOV stock price reached its highest trading level at $12.79 during the session, while it also had its lowest trading level at $12.43.
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 4.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
On January 15, 2025, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation 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 4670423040 and an Enterprise Value of 5940428800. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.29, and their Forward P/E ratio for the next fiscal year is 9.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. 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 0.73. Its current Enterprise Value per Revenue stands at 0.674 whereas that against EBITDA is 4.355.
Stock Price History:
The Beta on a monthly basis for NOV is 1.30, which has changed by -0.32738096 over the last 52 weeks, in comparison to a change of 0.12632763 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 -0.26%, while the 200-Day Moving Average is calculated to be -13.07%.
Shares Statistics:
For the past three months, NOV has traded an average of 4.27M shares per day and 5538110 over the past ten days. A total of 378.08M shares are outstanding, with a floating share count of 371.88M. Insiders hold about 1.03% of the company’s shares, while institutions hold 100.66% stake in the company. Shares short for NOV as of 1749772800 were 27258619 with a Short Ratio of 6.39, compared to 1747267200 on 26156607. Therefore, it implies a Short% of Shares Outstanding of 27258619 and a Short% of Float of 15.790000000000001.
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 0.02356638The 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 1749772800. Stock splits for the company last occurred on 2014-06-02 when the company split stock in a 1109:1000 ratio.
