# NOV Inc. – Consensus ‘buy’ rating and 18.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/nov-inc.consensus-buy-rating-and-18.8-upside-potential/4121127680
- Published: 2023-09-19T14:06:28+01:00
- Author: Charlotte Edwards

**NOV Inc.** with ticker code (NOV) have now 23 confirmed analysts covering the 
stock with the consensus suggesting a rating of ‘buy’. The target price High/Low
ranges between 30 and 18 calculating the average target price we see $24.87. Given
that the stocks previous close was at $20.93 this now indicates there is a potential
upside of 18.8%. It’s also worth noting that there is a 50 day moving average of
$20.00 and the 200 day moving average is $19.34. The company has a market capitalization
of 8.25B. The stock price for the company is currently 20.95 USD

 The potential market cap would be $9,802,592,085 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 19.95, revenue per share of 20.48
and a 3.79% return on assets.

NOV Inc. is an independent equipment and technology provider to the global energy
industry. The Company serves diversified, national and independent service companies,
contractors and energy producers in approximately 62 countries. The Company operates
through three segments. The Wellbore Technologies segment designs, manufactures,
rents and sells a range of equipment and technologies used to perform drilling operations.
The segment also offers services, such as solids control and waste management equipment
and services, drilling fluids, drill pipe, wired pipe, drilling optimization services,
tubular inspection and coating services, instrumentation, downhole tools, and drill
bits. The Completion & Production Solutions segment design, manufacture and integrate
technologies for completions, oil and gas production, and industrial markets. The
Rig Technologies segment provides drilling rig components, complete land drilling
rigs and offshore drilling equipment packages.

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