NOV Inc.

Company Profile

NOV Inc. had its IPO on 1996-10-28 under the ticker symbol NOV.

The company operates in the Energy sector and Oil & Gas Equipment & Services industry. NOV Inc. has a staff strength of 32,307 employees.

Stock update

Shares of NOV Inc. opened at $21.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.87 - $21.44, and closed at $21.24.

This is a +1.63% increase from the previous day's closing price.

A total volume of 4,172,105 shares were traded at the close of the day’s session.

In the last one week, shares of NOV Inc. have slipped by -1.67%.

NOV Inc.'s Key Ratios

NOV Inc. has a market cap of $8.33 billion, indicating a price to book ratio of 1.634 and a price to sales ratio of 1.1935.

In the last 12-months NOV Inc.’s revenue was $8.02 billion with a gross profit of $1.41 billion and an EBITDA of $934 million. The EBITDA ratio measures NOV Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, NOV Inc.’s operating margin was 7.61% while its return on assets stood at 3.79% with a return of equity of 7.95%.

In Q2, NOV Inc.’s quarterly earnings growth was a positive 120.4% while revenue growth was a positive 21.2%.

NOV Inc.’s PE and PEG Ratio

Forward PE

17.5439

Trailing PE

20.1476

PEG

-0.31

Its diluted EPS in the last 12-months stands at $1.05 per share while it has a forward price to earnings multiple of 17.5439 and a PEG multiple of -0.31. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into NOV Inc.’s profitability.

NOV Inc. stock is trading at a EV to sales ratio of 1.3946 and a EV to EBITDA ratio of 20.9849. Its price to sales ratio in the trailing 12-months stood at 1.1935.

NOV Inc. stock pays annual dividends of $0.2 per share, indicating a yield of 0.96% and a payout ratio of 19.05%.

Balance sheet and cash flow metrics

Total Assets

$10.45 billion

Total Liabilities

$2.39 billion

Operating Cash Flow

$-128000000.00

Capital Expenditure

$76 million

Dividend Payout Ratio

19.05%

NOV Inc. ended 2024 with $10.45 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.45 billion while shareholder equity stood at $5.50 billion.

NOV Inc. ended 2024 with $69.00 million in deferred long-term liabilities, $2.39 billion in other current liabilities, 4000000.00 in common stock, $-1828000000.00 in retained earnings and $1.55 billion in goodwill. Its cash balance stood at $592.00 million and cash and short-term investments were $592.00 million. The company’s total short-term debt was $104,000,000 while long-term debt stood at $1.72 billion.

NOV Inc.’s total current assets stands at $5.61 billion while long-term investments were $184.00 million and short-term investments were $0. Its net receivables were $2.60 billion compared to accounts payable of $1.01 billion and inventory worth $2.20 billion.

In 2024, NOV Inc.'s operating cash flow was $-128000000.00 while its capital expenditure stood at $76 million.

Comparatively, NOV Inc. paid $0.19 in dividends in 2024.

Other key metrics

Current Trading Price

$21.24

52-Week High

$24.6809

52-Week Low

$14.0045

Analyst Target Price

$24.52

NOV Inc. stock is currently trading at $21.24 per share. It touched a 52-week high of $24.6809 and a 52-week low of $24.6809. Analysts tracking the stock have a 12-month average target price of $24.52.

Its 50-day moving average was $19.65 and 200-day moving average was $19.3 The short ratio stood at 4.35 indicating a short percent outstanding of 0%.

Around 68.4% of the company’s stock are held by insiders while 9473% are held by institutions.