Zacks Research Issues Negative Outlook for NOV Earnings

NOV Inc. (NYSE:NOV - Free Report) - Research analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for NOV in a research note issued on Monday, October 21st. Zacks Research analyst N. Choudhury now expects that the oil and gas exploration company will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.42. The consensus estimate for NOV's current full-year earnings is $1.64 per share. Zacks Research also issued estimates for NOV's Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.45 EPS and FY2026 earnings at $1.84 EPS.

Several other equities analysts have also recently issued reports on the company. Stifel Nicolaus dropped their price target on NOV from $26.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, October 11th. TD Cowen boosted their target price on NOV from $27.00 to $28.00 and gave the company a "buy" rating in a report on Monday, July 29th. Piper Sandler decreased their price target on NOV from $22.00 to $20.00 and set a "neutral" rating for the company in a report on Monday, July 15th. Citigroup dropped their price objective on shares of NOV from $24.00 to $21.00 and set a "buy" rating on the stock in a research note on Thursday, October 3rd. Finally, BMO Capital Markets cut their price objective on shares of NOV from $22.00 to $20.00 and set a "market perform" rating for the company in a research report on Thursday, October 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $22.57.

NOV Trading Down 0.5 %

NYSE NOV opened at $15.41 on Wednesday. NOV has a one year low of $15.27 and a one year high of $21.23. The firm has a market cap of $6.10 billion, a PE ratio of 6.19, a P/E/G ratio of 0.47 and a beta of 1.67. The firm's fifty day moving average is $16.64 and its two-hundred day moving average is $17.92. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.64 and a current ratio of 2.61.

NOV (NYSE:NOV - Get Free Report) last announced its earnings results on Thursday, July 25th. The oil and gas exploration company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.22. The business had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.19 billion. NOV had a net margin of 11.88% and a return on equity of 10.97%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 EPS.

Institutional Trading of NOV

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mather Group LLC. boosted its stake in shares of NOV by 17.2% during the 2nd quarter. Mather Group LLC. now owns 5,706 shares of the oil and gas exploration company's stock worth $111,000 after purchasing an additional 839 shares during the last quarter. GAMMA Investing LLC grew its stake in NOV by 18.2% in the 2nd quarter. GAMMA Investing LLC now owns 5,496 shares of the oil and gas exploration company's stock worth $104,000 after acquiring an additional 848 shares during the period. Quadrature Capital Ltd raised its holdings in NOV by 3.1% in the 1st quarter. Quadrature Capital Ltd now owns 29,481 shares of the oil and gas exploration company's stock valued at $576,000 after acquiring an additional 889 shares during the last quarter. Truist Financial Corp lifted its position in NOV by 3.4% during the second quarter. Truist Financial Corp now owns 29,729 shares of the oil and gas exploration company's stock worth $565,000 after buying an additional 991 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of NOV by 2.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 51,567 shares of the oil and gas exploration company's stock worth $980,000 after acquiring an additional 1,164 shares during the period. Hedge funds and other institutional investors own 93.27% of the company's stock.

NOV Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a $0.075 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.30 annualized dividend and a dividend yield of 1.95%. NOV's dividend payout ratio is currently 12.05%.

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.

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