# NOV Inc. – Consensus ‘buy’ rating and 25.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/nov-inc.consensus-buy-rating-and-25.5-upside-potential/4121131771
- Published: 2023-11-01T14:19:47+00:00
- Author: Charlotte Edwards

**NOV Inc.** which can be found using ticker (NOV) have now 23 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $30.00 and $18.00 suggesting an average Analsyt target price
of $25.04. Given that the stocks previous close was at $19.96 and the analysts are
correct then we can expect a percentage increase in value of 25.5%. The 50 day moving
average now sits at $20.46 and the 200 day moving average is $19.22. The company
has a market capitalization of 7.84B. The current share price for the company is:
$19.90 USD

 The potential market cap would be $9,834,281,258 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 15.79, revenue per share of $21.15
and a 4.03% 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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