Capital One Financial Estimates NOV's Q2 Earnings (NYSE:NOV)

Key Points

• Capital One Financial has lowered its Q2 2025 earnings estimate for NOV Inc. to $0.29 per share, down from the prior estimate of $0.35.
• In its latest quarterly report, NOV reported earnings of $0.29 per share, missing the consensus estimate by $0.01, with revenue at $2.19 billion.
• The stock has received mixed ratings from analysts with a consensus price target of $17.31, and significant activity from hedge funds, with 93.27% of the stock owned by institutional investors.

NOV Inc. (NYSE:NOV - Free Report) - Research analysts at Capital One Financial lowered their Q2 2025 earnings per share (EPS) estimates for NOV in a note issued to investors on Monday, July 28th. Capital One Financial analyst D. Becker now anticipates that the oil and gas exploration company will post earnings of $0.29 per share for the quarter, down from their previous forecast of $0.35. The consensus estimate for NOV's current full-year earnings is $1.40 per share. Capital One Financial also issued estimates for NOV's Q3 2025 earnings at $0.27 EPS.

NOV (NYSE:NOV - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $2.19 billion for the quarter, compared to analysts' expectations of $2.16 billion. NOV had a net margin of 5.36% and a return on equity of 7.25%. The firm's revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.57 EPS.

Several other research firms have also issued reports on NOV. Evercore ISI cut their price target on NOV from $15.00 to $14.00 and set an "in-line" rating for the company in a report on Wednesday. Wells Fargo & Company dropped their price target on NOV from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Thursday, June 5th. Stifel Nicolaus decreased their price objective on NOV from $22.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday. Piper Sandler reduced their price target on NOV from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Finally, Royal Bank Of Canada reduced their price target on NOV from $19.00 to $18.00 and set an "outperform" rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, NOV presently has a consensus rating of "Hold" and an average target price of $16.69.

NOV Stock Performance

NOV stock traded down $0.44 during mid-day trading on Tuesday, reaching $12.14. 4,159,736 shares of the stock traded hands, compared to its average volume of 4,382,643. The business's 50-day moving average is $13.04 and its 200-day moving average is $13.61. NOV has a 12-month low of $10.84 and a 12-month high of $19.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.58 and a quick ratio of 1.76. The stock has a market capitalization of $4.56 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 3.41 and a beta of 1.28.

Institutional Trading of NOV

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NOV. Pzena Investment Management LLC raised its stake in shares of NOV by 2.8% during the 2nd quarter. Pzena Investment Management LLC now owns 42,708,890 shares of the oil and gas exploration company's stock valued at $530,872,000 after buying an additional 1,144,486 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in NOV by 2.1% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 40,487,598 shares of the oil and gas exploration company's stock worth $616,221,000 after buying an additional 833,158 shares in the last quarter. Vanguard Group Inc. increased its stake in NOV by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 39,463,027 shares of the oil and gas exploration company's stock worth $600,627,000 after buying an additional 566,160 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of NOV by 7.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 18,122,455 shares of the oil and gas exploration company's stock worth $275,818,000 after purchasing an additional 1,329,327 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of NOV by 88.9% during the 1st quarter. AQR Capital Management LLC now owns 7,146,949 shares of the oil and gas exploration company's stock worth $107,276,000 after purchasing an additional 3,362,853 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company's stock.

NOV Announces Dividend

The company also recently declared a dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, June 3rd were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a yield of 363.0%. NOV's payout ratio is currently 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.