In the last trading session, 3.14 million shares of the NOV Inc (NYSE:NOV) were traded, and its beta was 1.75. Most recently the company’s share price was $18.86, and it changed around $0.27 or 1.45% from the last close, which brings the market valuation of the company to $7.43B. NOV currently trades at a discount to its 52-week high of $21.91, offering almost -16.17% off that amount. The share price’s 52-week low was $14.05, which indicates that the current value has risen by an impressive 25.5% since then. We note from NOV Inc’s average daily trading volume that its 3-month average coming to 4.56 million.
NOV Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.08. If we narrow it down even further, the data shows that 4 out of 34 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 22 recommended NOV as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
NOV Inc (NYSE:NOV) trade information
Instantly NOV has showed a green trend with a performance of 1.45% at the end of last trading. On the other hand, NOV Inc (NYSE:NOV) is -1.31% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $19.25, which translates to bulls needing to increase their stock price by 2.03% from its current value. Analyst projections state that NOV is forecast to be at a low of $12 and a high of $29.
NOV Inc (NOV) estimates and forecasts
NOV Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -6.12 percent over the past six months and at a -0.65% annual growth rate that is well below the industry average of 18.80%.
NOV Inc earnings are expected to increase by -35.70% in 2024, but the outlook is positive 32.30% per year for the next five years.
NOV Dividends
NOV Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.06 percent and its annual dividend per share was 0.20. It is important to note, however, that the 1.06% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
