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NOV is an oil & gas equipment & services business based in the US. NOV shares (NOV) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $15.97 – a decrease of 1.9% over the previous week. NOV employs 33,676 staff and has a trailing 12-month revenue of around $8.9 billion.
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NOV stock price (NYSE: NOV)
Use our graph to track the performance of NOV stocks over time.NOV shares at a glance
Latest market close | $15.97 |
---|---|
52-week range | $14.99 - $21.10 |
50-day moving average | $16.03 |
200-day moving average | $17.78 |
Wall St. target price | $20.61 |
PE ratio | 6.0037 |
Dividend yield | $0.25 (1.85%) |
Earnings per share (TTM) | $2.70 |
Is it a good time to buy NOV stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
NOV price performance over time
Historical closes compared with the close of $16.21 from 2024-11-14
1 week (2024-11-08) | -0.43% |
---|---|
1 month (2024-10-15) | 3.38% |
3 months (2024-08-15) | -9.59% |
6 months (2024-05-15) | -14.01% |
1 year (2023-11-15) | -17.55% |
---|---|
2 years (2022-11-15) | -29.76% |
3 years (2021-11-15) | 25.73% |
5 years (2019-11-15) | 21.3184 |
Is NOV stock undervalued or overvalued?
Valuing NOV stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NOV's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NOV's P/E ratio
NOV's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, NOV shares trade at around 6x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
NOV's PEG ratio
NOV's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2683. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NOV's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
NOV's EBITDA
NOV's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.
The EBITDA is a measure of a NOV's overall financial performance and is widely used to measure a its profitability.
NOV financials
Revenue TTM | $8.9 billion |
---|---|
Operating margin TTM | 8.85% |
Gross profit TTM | $1.4 billion |
Return on assets TTM | 4.28% |
Return on equity TTM | 17.69% |
Profit margin | 12.05% |
Book value | $16.61 |
Market Capitalization | $6.3 billion |
TTM: trailing 12 months
NOV share dividends
Dividend payout ratio: 16.89% of net profits
Recently NOV has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NOV shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In NOV's case, that would currently equate to about $0.25 per share.
While NOV's payout ratio might seem low, this can signify that NOV is investing more in its future growth.
NOV's most recent dividend payout was on 26 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").
Have NOV's shares ever split?
NOV's shares were split on a 1109:1000 basis on 1 June 2014 . So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1109 shares. This wouldn't directly have changed the overall worth of your NOV shares – just the quantity. However, indirectly, the new 9.8% lower share price could have impacted the market appetite for NOV shares which in turn could have impacted NOV's share price.
NOV share price volatility
Over the last 12 months, NOV's shares have ranged in value from as little as $14.985 up to $21.1006. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while NOV's is 1.674. This would suggest that NOV's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
NOV overview
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. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training.
Frequently asked questions
What percentage of NOV is owned by insiders or institutions?Currently 0.632% of NOV shares are held by insiders and 100.385% by institutions. How many people work for NOV?
Latest data suggests 33,676 work at NOV. When does the fiscal year end for NOV?
NOV's fiscal year ends in December. Where is NOV based?
NOV's address is: 10353 Richmond Avenue, Houston, TX, United States, 77042-4103 What is NOV's ISIN number?
NOV's international securities identification number is: US62955J1034 What is NOV's CUSIP number?
NOV's Committee on Uniform Securities Identification Procedures number is: 669930109
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