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NOV (GB:0K58)
LSE:0K58
NOV (0K58) Share Price & Analysis
0 Followers
0K58 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.03 - $21.71
Previous Close$18.57
Volume4.08K
Average Volume (3M)3.95K
Market Cap
$7.43B
Enterprise Value$8.41B
Total Cash (Recent Filing)$816.00M
Total Debt (Recent Filing)$1.73B
Price to Earnings (P/E)7.4
Beta1.92
Next Earnings
Jul 24, 2024EPS Estimate
$0.35Next Dividend Ex-DateN/A
Dividend Yield1.06%
Share Statistics
EPS (TTM)2.50
Shares Outstanding394,003,549
10 Day Avg. Volume1,006
30 Day Avg. Volume3,949
Standard Deviation0.17
R-Squared0.57
Alpha0.00102
Financial Highlights & Ratios
Price to Book (P/B)1.80
Price to Sales (P/S)2.69
Price to Cash Flow (P/CF)5.00
P/FCF Ratio0.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.98
Enterprise Value/Gross Profit1.05
Enterprise Value/Ebitda1.09
Forecast
1Y Price Target
$23.25Price Target Upside21.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
NOV News
PremiumCompany Announcements
NOV Announces Capital Return Plan and Enhanced Shareholder Rewards
PremiumCompany Announcements
NOV Inc. Enhances Board with New Director Patricia MartinezBulls Say, Bears Say
Bulls Say
Corporate StrategyAnnounced a shareholder return framework, including a substantial dividend increase and a $1 billion share repurchase authorization.
Financial PerformanceOperational and cash flow beat with plans to return more than 50% of excess free cash flow to shareholders annually through increased dividends and buybacks.
Operational EfficiencyCost-out initiatives serve as another tailwind to NOV's margin profile.
Bears Say
Analyst ExpectationsNOV underperformed the industry benchmark after releasing weak first quarter and annual guidance that was significantly below consensus.
Earnings GuidanceNOV was down after guiding first quarter significantly below consensus due to the absence of prior quarter shipments in the legacy Wellbore business as supply chains normalized, and a worsening North American outlook.
Financial PerformanceEnergy Equipment orders were significantly below forecast and showed a year-over-year and quarter-over-quarter decline.
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Options Prices
Currently, No data available
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Ownership Overview
1.21% Insiders
39.06% Mutual Funds
25.52% Other Institutional Investors
34.21% Public Companies and
Individual Investors
0K58 FAQ
What was NOV’s price range in the past 12 months?
NOV lowest share price was $14.03 and its highest was $21.70 in the past 12 months.
What is NOV’s market cap?
Currently, no data Available
When is NOV’s upcoming earnings report date?
NOV’s upcoming earnings report date is Jul 24, 2024 which is in 88 days.
How were NOV’s earnings last quarter?
NOV released its earnings results on Apr 25, 2024. The company reported $0.219 earnings per share for the quarter, missing the consensus estimate of $0.27 by -$0.051.
Is NOV overvalued?
According to Wall Street analysts NOV’s price is currently Undervalued.
Does NOV pay dividends?
NOV does not currently pay dividends.
What is NOV’s EPS estimate?
NOV’s EPS estimate is $0.35.
How many shares outstanding does NOV have?
NOV has 394,003,540 shares outstanding.
What happened to NOV’s price movement after its last earnings report?
NOV reported an EPS of $0.219 in its last earnings report, missing expectations of $0.27. Following the earnings report the stock price went up 1.296%.
Which hedge fund is a major shareholder of NOV?
Among the largest hedge funds holding NOV’s share is First Eagle Investment Management LLC. It holds NOV’s shares valued at 743M.
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NOV Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$23.25 (21.38% Upside)
$23.25 (21.38% Upside)
Blogger Sentiment
Bullish
GB:0K58 Sentiment 66%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $74.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.89%
12-Months-Change
Fundamentals
Return on Equity
17.05%
Trailing 12-Months
Asset Growth
11.08%
Trailing 12-Months
Company Description
NOV
National Oilwell Varco, Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business. The Wellbore Technologies segment designs, manufactures, rents, and sells a variety of equipment and technologies used to perform drilling operations, and offers services that optimize their performance. The Completion and Production Solutions segment integrates technologies for well completions and oil and gas production. The company was founded in 1841 and is headquartered in Houston, TX.
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0K58 Earnings Call
Q1 2024
0:00 / 0:00
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0K58 Revenue Breakdown
67.28% Sales
20.84% Services
11.87% Rental
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0K58 Stock 12 Months Forecast
Average Price Target
$23.25
▲(21.38% Upside)
Technical Analysis
Best Analysts Covering 0K58
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+15.27%
reiterated a buy rating 3 months ago
Copying Marc Bianchi's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +15.27% per trade.
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