In recent trading session, NOV Inc (NYSE:NOV) saw 0.74 million shares changing hands at last check today with its beta currently measuring 1.30. Company’s recent per share price level of $12.97 trading at -$0.03 or -0.27% at last check today assigns it a market valuation of $4.87B. That most recent trading price of NOV’s stock is at a discount of -60.6% from its 52-week high price of $20.83 and is indicating a premium of 17.89% from its 52-week low price of $10.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.57 million shares which gives us an average trading volume of 4.17 million if we extend that period to 3-months.
For NOV Inc (NOV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.46. Splitting up the data highlights that, out of 7 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.3 in the current quarter.
NOV Inc (NYSE:NOV) trade information
Upright in the red during last session for losing -0.27%, in the last five days NOV remained trading in the red while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $12.97 price level, adding 5.05% to its value on the day. NOV Inc’s shares saw a change of -30.11% in year-to-date performance and have moved -4.11% in past 5-day. NOV Inc (NYSE:NOV) showed a performance of 8.16% in past 30-days. Number of shares sold short was 27.26 million shares which calculate 7.94 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22.5 to the stock, which implies a rise of 42.36% to its recent value today. Analysts have been projecting 22 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -69.62% in reaching the projected high whereas dropping to the targeted low would mean a loss of -69.62% for stock’s current value.
NOV Inc (NOV) estimates and forecasts
This year revenue growth is estimated to fall -3.15% from the last financial year’s standing.
19 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.16B for the same. And 19 analysts are in estimates of company making revenue of 2.14B in the next quarter. Company posted 2.22B and 2.19B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -6.75% while estimates for its earnings growth in next 5 years are of 7.86%.
NOV Dividends
NOV Inc is more likely to be releasing its next quarterly report on 2025-Apr-28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.28%, the share has a forward dividend of 0.30 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.25%.
NOV Inc (NYSE:NOV)’s Major holders
Insiders are in possession of 0.81% of company’s total shares while institution are holding 103.58 percent of that, with stock having share float percentage of 104.43%. Investors also watch the number of corporate investors in a company very closely, which is 103.58% institutions for NOV Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NOV for having 39.57 million shares of worth $752.19 million. And as of 2024-06-30, it was holding 10.0173 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 38.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.7956 of outstanding shares, having a total worth of $735.54 million.
On the other hand, First Eagle Funds-First Eagle Global Fund and VANGUARD WINDSOR FUNDS-Vanguard Windsor II Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 28.26 shares of worth $367.88 million or 7.52% of the total outstanding shares. The later fund manager was in possession of 16.77 shares on Jan 31, 2025 , making its stake of worth around $218.39 million in the company or a holder of 4.46% of company’s stock.
