NOV Inc. (NYSE:NOV - Free Report) - Investment analysts at Atb Cap Markets reduced their Q2 2025 earnings estimates for NOV in a research report issued to clients and investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now expects that the oil and gas exploration company will earn $0.35 per share for the quarter, down from their prior estimate of $0.37. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for NOV's current full-year earnings is $1.59 per share. Atb Cap Markets also issued estimates for NOV's Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.39 EPS, Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.42 EPS, FY2026 earnings at $1.59 EPS and FY2027 earnings at $1.76 EPS.
Several other brokerages have also recently commented on NOV. ATB Capital reissued a "sector perform" rating and issued a $19.00 price target on shares of NOV in a report on Tuesday. Morgan Stanley cut their target price on shares of NOV from $25.00 to $23.00 and set an "overweight" rating for the company in a research note on Monday, September 16th. Barclays dropped their price target on NOV from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Tuesday, October 29th. TD Cowen reduced their price objective on NOV from $28.00 to $22.00 and set a "buy" rating for the company in a research note on Monday, October 28th. Finally, JPMorgan Chase & Co. cut their target price on NOV from $23.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, October 3rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $20.64.
Get Our Latest Stock Analysis on NOV
Shares of NYSE:NOV opened at $15.38 on Thursday. The company has a current ratio of 2.57, a quick ratio of 1.65 and a debt-to-equity ratio of 0.26. NOV has a 52 week low of $14.94 and a 52 week high of $21.23. The firm's 50 day moving average is $15.90 and its two-hundred day moving average is $17.15. The firm has a market capitalization of $5.98 billion, a P/E ratio of 5.68, a PEG ratio of 0.87 and a beta of 1.66.
Several large investors have recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new stake in shares of NOV during the 2nd quarter worth approximately $28,000. Quarry LP bought a new position in NOV in the third quarter worth approximately $36,000. American National Bank & Trust acquired a new stake in NOV in the third quarter valued at approximately $39,000. International Assets Investment Management LLC raised its position in shares of NOV by 1,590.1% during the third quarter. International Assets Investment Management LLC now owns 2,907 shares of the oil and gas exploration company's stock worth $46,000 after purchasing an additional 2,735 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in NOV in the 3rd quarter valued at $48,000. 93.27% of the stock is owned by institutional investors.
In related news, Director David D. Harrison sold 1,784 shares of NOV stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $16.10, for a total value of $28,722.40. Following the transaction, the director now directly owns 110,951 shares of the company's stock, valued at $1,786,311.10. This trade represents a 1.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.85% of the company's stock.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Friday, December 6th. NOV's dividend payout ratio is currently 11.07%.
NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.
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