Investing In NOV Inc (NYSE: NOV): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Equipment & Services industry segment. The current market capitalization of NOV Inc is $6.03B. A total of 3.74 million shares were traded on the day, compared to an average of 3.72M shares.

In the most recent transaction, Novak Christy Lynn sold 3,500 shares of NOV for 17.43 per share on Feb 22 ’24. After the transaction, the VP, Corp. Controller, CAO now owns 114,212 company shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. NOV Inc pays an annual dividend of $0.25, resulting in a dividend yield of 1.61%, and it has a price to earnings (P/E) ratio of 5.74. NOV’s most recent ex-dividend date was 9/13/2024 when it declared a $0.0750 quarterly dividend that was paid in cash on 9/27/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/14/2024. The NOV stock dividend was $0.0750 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NOV has a high of $21.23 and a low of $14.98.

As of this writing, NOV has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 21.0 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.32. The company reported an EPS of $0.28 in the last quarter

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NOV is Buy with a score of 3.89.

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