Analysts Offer Predictions for NOV's Q3 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV - Free Report) - Stock analysts at Atb Cap Markets decreased their Q3 2025 EPS estimates for shares of NOV in a research report issued to clients and investors on Tuesday, April 29th. Atb Cap Markets analyst W. Syed now expects that the oil and gas exploration company will post earnings per share of $0.29 for the quarter, down from their previous forecast of $0.34. The consensus estimate for NOV's current full-year earnings is $1.40 per share. Atb Cap Markets also issued estimates for NOV's Q4 2025 earnings at $0.32 EPS, FY2025 earnings at $1.11 EPS, Q1 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.31 EPS, Q4 2026 earnings at $0.33 EPS, FY2026 earnings at $1.25 EPS and Q1 2027 earnings at $0.28 EPS.

NOV has been the topic of several other reports. Evercore ISI reiterated an "in-line" rating and issued a $18.00 price target (down from $25.00) on shares of NOV in a research report on Wednesday, January 15th. Barclays reduced their price objective on NOV from $13.00 to $11.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 30th. Susquehanna decreased their price objective on NOV from $21.00 to $19.00 and set a "positive" rating on the stock in a research report on Monday, April 14th. Raymond James upped their price objective on NOV from $18.00 to $19.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. decreased their price objective on NOV from $20.00 to $17.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $18.00.

NOV Stock Up 0.2 %

Shares of NYSE NOV traded up $0.03 during trading on Thursday, reaching $11.92. The company had a trading volume of 1,462,064 shares, compared to its average volume of 3,902,918. The business's 50-day moving average is $13.44 and its 200 day moving average is $14.66. NOV has a 12-month low of $10.84 and a 12-month high of $21.20. The company has a quick ratio of 1.64, a current ratio of 2.46 and a debt-to-equity ratio of 0.26. The stock has a market cap of $4.48 billion, a PE ratio of 7.38, a P/E/G ratio of 1.02 and a beta of 1.27.

NOV (NYSE:NOV - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The oil and gas exploration company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.06). NOV had a net margin of 7.16% and a return on equity of 9.88%. The firm had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same period in the previous year, the company earned $0.30 EPS. The company's quarterly revenue was down 2.4% on a year-over-year basis.

NOV Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a $0.075 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.30 annualized dividend and a dividend yield of 2.52%. NOV's payout ratio is currently 20.00%.

Hedge Funds Weigh In On NOV

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Readystate Asset Management LP raised its holdings in NOV by 4.5% during the 1st quarter. Readystate Asset Management LP now owns 37,579 shares of the oil and gas exploration company's stock worth $572,000 after buying an additional 1,630 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of NOV by 6.5% in the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 361,959 shares of the oil and gas exploration company's stock valued at $5,509,000 after acquiring an additional 22,249 shares during the period. Pzena Investment Management LLC raised its holdings in NOV by 0.3% in the 1st quarter. Pzena Investment Management LLC now owns 41,564,404 shares of the oil and gas exploration company's stock valued at $632,610,000 after acquiring an additional 106,011 shares in the last quarter. Forum Financial Management LP bought a new position in shares of NOV during the 1st quarter worth about $182,000. Finally, Victory Capital Management Inc. lifted its position in shares of NOV by 17.4% during the 1st quarter. Victory Capital Management Inc. now owns 197,393 shares of the oil and gas exploration company's stock worth $3,004,000 after buying an additional 29,225 shares during the period. 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.