Zacks Research Has Negative Estimate for NOV Q2 Earnings

NOV Inc. (NYSE:NOV) – Investment analysts at Zacks Research reduced their Q2 2025 earnings estimates for NOV in a research report issued to clients and investors on Thursday, January 30th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas exploration company will earn $0.33 per share for the quarter, down from their previous forecast of $0.37. The consensus estimate for NOV’s current full-year earnings is $1.53 per share. Zacks Research also issued estimates for NOV’s Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.34 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.41 EPS and FY2026 earnings at $1.45 EPS.

NOV (NYSE:NOV) last issued its earnings results on Tuesday, February 4th. The oil and gas exploration company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.06. NOV had a net margin of 12.05% and a return on equity of 10.82%.

Several other research analysts also recently weighed in on NOV. Susquehanna lowered their price objective on shares of NOV from $22.00 to $21.00 and set a “positive” rating on the stock in a report on Monday, October 28th. TD Cowen lowered their price objective on shares of NOV from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Monday, October 28th. Citigroup downgraded shares of NOV from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $21.00 to $18.00 in a report on Monday, November 11th. Stifel Nicolaus lowered their price objective on shares of NOV from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Monday, October 28th. Finally, Bank of America lowered their price objective on shares of NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.00.

NOV Stock Up 2.0 %

Shares of NYSE NOV opened at $14.58 on Monday. The company has a quick ratio of 1.65, a current ratio of 2.57 and a debt-to-equity ratio of 0.26. The company’s fifty day simple moving average is $14.92 and its 200 day simple moving average is $16.16. NOV has a 12-month low of $13.94 and a 12-month high of $21.20. The firm has a market cap of $5.67 billion, a PE ratio of 5.38, a P/E/G ratio of 0.93 and a beta of 1.64.

NOV Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were issued a dividend of $0.075 per share. The ex-dividend date was Friday, December 6th. This represents a $0.30 dividend on an annualized basis and a yield of 2.06%. NOV’s dividend payout ratio (DPR) is presently 11.07%.

Insider Buying and Selling

In related news, Director David D. Harrison sold 1,784 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $16.10, for a total transaction of $28,722.40. Following the completion of the sale, the director now owns 110,951 shares in the company, valued at approximately $1,786,311.10. This trade represents a 1.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.85% of the stock is currently owned by corporate insiders.

Institutional Trading of NOV

Large investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. boosted its position in NOV by 222.3% during the fourth quarter. UMB Bank n.a. now owns 2,337 shares of the oil and gas exploration company’s stock worth $34,000 after purchasing an additional 1,612 shares during the period. Quarry LP bought a new position in NOV during the third quarter worth about $36,000. R Squared Ltd bought a new position in NOV during the fourth quarter worth about $44,000. International Assets Investment Management LLC boosted its position in 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 bought a new position in NOV during the third quarter worth about $48,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

NOV Company Profile

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.