Zacks Research Has Negative Estimate for NOV Q3 Earnings

Key Points

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NOV Inc. (NYSE:NOV - Free Report) - Equities research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for NOV in a research note issued on Monday, August 18th. Zacks Research analyst Team now anticipates that the oil and gas exploration company will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.28. 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 $0.25 EPS, FY2025 earnings at $0.99 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.25 EPS, Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.00 EPS, Q2 2027 earnings at $0.33 EPS and FY2027 earnings at $1.39 EPS.

A number of other research analysts have also commented on NOV. Susquehanna set a $17.00 price objective on shares of NOV and gave the company a "positive" rating in a research report on Wednesday, July 30th. Morgan Stanley decreased their price target on shares of NOV from $18.00 to $15.00 and set an "overweight" rating on the stock in a research note on Friday, May 16th. Evercore ISI cut their target price on shares of NOV from $15.00 to $14.00 and set an "in-line" rating for the company in a research note on Wednesday, July 30th. Wells Fargo & Company decreased their target price on NOV from $11.00 to $10.00 and set an "underweight" rating on the stock in a report on Thursday, June 5th. Finally, Royal Bank Of Canada decreased their target price on NOV from $19.00 to $18.00 and set an "outperform" rating on the stock in a report on Wednesday, July 30th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $16.56.

NOV Stock Performance

Shares of NOV stock traded up $0.6950 during trading hours on Tuesday, reaching $13.1050. 4,029,077 shares of the company's stock were exchanged, compared to its average volume of 4,286,792. NOV has a fifty-two week low of $10.84 and a fifty-two week high of $18.40. The stock has a market capitalization of $4.87 billion, a P/E ratio of 10.74, a P/E/G ratio of 3.46 and a beta of 1.32. The business has a fifty day moving average price of $12.94 and a 200-day moving average price of $13.33. The company has a quick ratio of 1.72, a current ratio of 2.58 and a debt-to-equity ratio of 0.26.

NOV (NYSE:NOV - Get Free Report) last announced its earnings results on Monday, July 28th. The oil and gas exploration company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). NOV had a return on equity of 7.25% and a net margin of 5.36%.The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the business earned $0.57 EPS. The business's revenue was down 1.3% compared to the same quarter last year. NOV has set its Q3 2025 guidance at EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise bought a new position in shares of NOV during the first quarter worth about $25,000. CoreFirst Bank & Trust bought a new position in shares of NOV during the 2nd quarter worth approximately $35,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of NOV in the first quarter valued at approximately $36,000. CX Institutional bought a new stake in shares of NOV in the first quarter worth $42,000. Finally, Hantz Financial Services Inc. boosted its holdings in NOV by 395.3% during 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 last quarter. 93.27% of the stock is owned by institutional investors and hedge funds.

NOV Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.30 annualized dividend and a yield of 2.3%. 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.