Brokers Issue Forecasts for NOV’s FY2025 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Investment analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of NOV in a research report issued on Friday, September 26th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will post earnings of $0.93 per share for the year, down from their prior estimate of $0.95. The consensus estimate for NOV’s current full-year earnings is $1.40 per share. Zacks Research also issued estimates for NOV’s Q4 2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.23 EPS, Q1 2027 earnings at $0.40 EPS and FY2027 earnings at $1.22 EPS.

NOV (NYSE:NOV) last posted its quarterly earnings results on Monday, July 28th. The oil and gas exploration company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). NOV had a return on equity of 7.25% and a net margin of 5.36%.The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the firm posted $0.57 earnings per share. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. NOV has set its Q3 2025 guidance at EPS.

NOV has been the topic of several other reports. JPMorgan Chase & Co. cut NOV from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $17.00 to $15.00 in a report on Wednesday, July 30th. Susquehanna set a $17.00 price objective on NOV and gave the stock a “positive” rating in a report on Wednesday, July 30th. Evercore ISI decreased their price objective on NOV from $15.00 to $14.00 and set an “in-line” rating on the stock in a report on Wednesday, July 30th. Wells Fargo & Company decreased their price objective on NOV from $11.00 to $10.00 and set an “underweight” rating on the stock in a report on Thursday, June 5th. Finally, Stifel Nicolaus decreased their price objective on NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $16.56.

NOV Stock Up 0.1%

NYSE NOV opened at $13.26 on Monday. The stock’s 50 day moving average is $12.87 and its 200 day moving average is $12.94. The company has a current ratio of 2.58, a quick ratio of 1.72 and a debt-to-equity ratio of 0.26. NOV has a 12 month low of $10.84 and a 12 month high of $16.86. The stock has a market cap of $4.93 billion, a PE ratio of 10.87, a P/E/G ratio of 3.81 and a beta of 1.34.

Institutional Trading of NOV

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Banque Cantonale Vaudoise purchased a new stake in NOV in the first quarter worth $25,000. CoreFirst Bank & Trust purchased a new stake in NOV in the second quarter worth $35,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in NOV in the first quarter worth $36,000. CX Institutional purchased a new stake in NOV in the first quarter worth $42,000. Finally, Hantz Financial Services Inc. increased its stake in NOV by 395.3% in the second quarter. Hantz Financial Services Inc. now owns 3,660 shares of the oil and gas exploration company’s stock worth $45,000 after purchasing an additional 2,921 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 declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, September 12th. NOV’s dividend payout ratio is presently 24.59%.

About NOV

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.