Zacks Research Issues Optimistic Estimate for NOV Earnings

NOV Inc. (NYSE:NOV) – Equities researchers at Zacks Research lifted their Q4 2025 earnings per share estimates for shares of NOV in a research report issued to clients and investors on Tuesday, February 25th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas exploration company will post earnings of $0.38 per share for the quarter, up from their prior estimate of $0.37. The consensus estimate for NOV’s current full-year earnings is $1.40 per share.

NOV (NYSE:NOV) last released its quarterly earnings results on Tuesday, February 4th. The oil and gas exploration company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. NOV had a return on equity of 9.88% and a net margin of 7.16%.

Several other equities research analysts have also commented on the stock. Seaport Res Ptn lowered shares of NOV from a “strong-buy” rating to a “hold” rating in a research note on Sunday, January 5th. Atb Cap Markets cut NOV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Barclays lifted their target price on NOV from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 18th. ATB Capital restated a “sector perform” rating and set a $19.00 price objective on shares of NOV in a report on Tuesday, December 10th. Finally, Evercore ISI reiterated an “in-line” rating and issued a $18.00 target price (down from $25.00) on shares of NOV in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $19.60.

NOV Stock Up 0.5 %

NOV opened at $15.02 on Friday. NOV has a fifty-two week low of $13.94 and a fifty-two week high of $21.20. The firm has a market capitalization of $5.72 billion, a P/E ratio of 9.33, a PEG ratio of 1.02 and a beta of 1.64. The company’s 50-day moving average is $15.00 and its 200 day moving average is $15.81. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.46 and a quick ratio of 1.64.

NOV Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.30 dividend on an annualized basis and a yield of 2.00%. NOV’s dividend payout ratio (DPR) is currently 18.63%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Huntington National Bank increased its position in shares of NOV by 88.7% in the fourth quarter. Huntington National Bank now owns 2,200 shares of the oil and gas exploration company’s stock valued at $32,000 after acquiring an additional 1,034 shares during the period. Covestor Ltd lifted its holdings in NOV by 282.9% in the 4th quarter. Covestor Ltd now owns 2,240 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 1,655 shares during the period. UMB Bank n.a. increased its stake in shares of 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 valued at $34,000 after buying an additional 1,612 shares during the period. Quarry LP bought a new position in shares of NOV during the third quarter valued at approximately $36,000. Finally, Signaturefd LLC boosted its holdings in NOV by 41.3% in the fourth quarter. Signaturefd LLC now owns 2,587 shares of the oil and gas exploration company’s stock valued at $38,000 after acquiring an additional 756 shares in the last quarter. 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.