S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?

NOV (NOV) Competitors

$18.50
+0.03 (+0.16%)
(As of 04/18/2024 ET)

NOV vs. SOFI, PSN, FCN, COHR, STN, SPSC, CFLT, VNT, TNET, and DUOL

Should you be buying NOV stock or one of its competitors? The main competitors of NOV include SoFi Technologies (SOFI), Parsons (PSN), FTI Consulting (FCN), Coherent (COHR), Stantec (STN), SPS Commerce (SPSC), Confluent (CFLT), Vontier (VNT), TriNet Group (TNET), and Duolingo (DUOL). These companies are all part of the "business services" sector.

NOV vs.

SoFi Technologies (NASDAQ:SOFI) and NOV (NYSE:NOV) are both mid-cap business services companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, community ranking, risk, valuation, earnings and dividends.

NOV has a net margin of 11.57% compared to NOV's net margin of -14.65%. SoFi Technologies' return on equity of 10.79% beat NOV's return on equity.

Company Net Margins Return on Equity Return on Assets
SoFi Technologies-14.65% -1.23% -0.24%
NOV 11.57%10.79%5.75%

NOV has higher revenue and earnings than SoFi Technologies. SoFi Technologies is trading at a lower price-to-earnings ratio than NOV, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SoFi Technologies$2.12B3.28-$300.74M-$0.38-18.76
NOV$8.58B0.85$993M$2.517.37

SoFi Technologies has a beta of 1.75, indicating that its share price is 75% more volatile than the S&P 500. Comparatively, NOV has a beta of 1.74, indicating that its share price is 74% more volatile than the S&P 500.

SoFi Technologies presently has a consensus target price of $9.08, suggesting a potential upside of 27.40%. NOV has a consensus target price of $24.36, suggesting a potential upside of 31.66%. Given SoFi Technologies' stronger consensus rating and higher possible upside, analysts plainly believe NOV is more favorable than SoFi Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SoFi Technologies
3 Sell rating(s)
10 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.16
NOV
2 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.40

38.4% of SoFi Technologies shares are owned by institutional investors. Comparatively, 93.3% of NOV shares are owned by institutional investors. 2.7% of SoFi Technologies shares are owned by insiders. Comparatively, 1.9% of NOV shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

NOV received 1011 more outperform votes than SoFi Technologies when rated by MarketBeat users. Likewise, 62.36% of users gave NOV an outperform vote while only 36.51% of users gave SoFi Technologies an outperform vote.

CompanyUnderperformOutperform
SoFi TechnologiesOutperform Votes
46
36.51%
Underperform Votes
80
63.49%
NOVOutperform Votes
1057
62.36%
Underperform Votes
638
37.64%

In the previous week, SoFi Technologies had 4 more articles in the media than NOV. MarketBeat recorded 20 mentions for SoFi Technologies and 16 mentions for NOV. NOV's average media sentiment score of 0.42 beat SoFi Technologies' score of 0.23 indicating that SoFi Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SoFi Technologies
8 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
NOV
4 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

NOV beats SoFi Technologies on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOV vs. The Competition

MetricNOVOil & gas field machinery IndustryBusiness SectorNYSE Exchange
Market Cap$7.32B$3.71B$5.80B$17.08B
Dividend Yield1.06%2.24%2.69%3.62%
P/E Ratio7.37128.9436.7024.70
Price / Sales0.851.112,675.629.66
Price / Cash8.159.8822.4716.98
Price / Book1.171.844.594.84
Net Income$993M$107.83M$89.45M$969.88M
7 Day Performance-5.76%-2.56%-2.44%-2.30%
1 Month Performance-2.84%2.59%-4.92%-3.08%
1 Year Performance-0.91%14.65%6.93%77.61%

NOV Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SOFI
SoFi Technologies
3.3919 of 5 stars
$7.89
+1.7%
$9.08
+15.1%
+19.2%$7.71B$2.12B-20.764,400
PSN
Parsons
2.7798 of 5 stars
$80.47
-3.8%
$75.11
-6.7%
+67.6%$8.52B$5.44B56.6718,500Analyst Report
FCN
FTI Consulting
4.4408 of 5 stars
$207.78
+0.0%
$255.00
+22.7%
+2.5%$7.38B$3.49B26.957,990Upcoming Earnings
Analyst Downgrade
News Coverage
COHR
Coherent
3.3872 of 5 stars
$57.48
+0.2%
$57.50
+0.0%
+52.2%$8.73B$5.16B-20.4626,622Short Interest ↓
STN
Stantec
3.5646 of 5 stars
$81.66
+0.1%
$105.00
+28.6%
+33.6%$9.31B$4.80B37.1228,000Positive News
SPSC
SPS Commerce
3.3276 of 5 stars
$179.57
+1.4%
$199.67
+11.2%
+8.2%$6.66B$536.91M102.032,489Upcoming Earnings
Positive News
CFLT
Confluent
2.3602 of 5 stars
$30.00
-0.3%
$30.72
+2.4%
+10.9%$9.38B$776.95M-20.412,744
VNT
Vontier
3.7848 of 5 stars
$42.76
-1.3%
$44.14
+3.2%
+47.9%$6.58B$3.10B17.748,000Positive News
TNET
TriNet Group
3.0743 of 5 stars
$131.09
+1.1%
$119.17
-9.1%
+52.3%$6.56B$4.92B20.203,600Upcoming Earnings
News Coverage
Positive News
DUOL
Duolingo
3.5157 of 5 stars
$222.08
+1.4%
$235.11
+5.9%
+47.4%$9.52B$531.11M653.20720Short Interest ↓
Gap Up

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This page (NYSE:NOV) was last updated on 4/19/2024 by MarketBeat.com Staff

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