Brokerage Overview of: National Oilwell Varco, Inc. (NYSE:NOV)

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National Oilwell Varco, Inc. (NYSE:NOV) belonging to the Oils-Energy sector has declined -2.88% and closed its last trading session at $37.46.

The company reported its EPS on 10/26/2016. Currently, the stock has a 1 Year Price Target of $34.83.

The consensus recommendation, according to Zacks Investment research, is 2.64. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.74 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.5 and 2.58 respectively.

National Oilwell Varco, Inc. on 10/26/2016 reported its EPS as $-0.15 with the analysts projecting the EPS of the stock as $-0.29. The company beat the analyst EPS Estimate with the difference of $0.14. This shows a surprise factor of 48.3%.

Many analysts have provided their estimated foresights on National Oilwell Varco, Inc. Earnings, with 28 analysts believing the company would generate an Average Estimate of $-0.23. Whereas they predicted High and Low Earnings Estimate as $-0.15 and $-0.3 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.06.

Analysts are also projecting an Average Revenue Estimate for National Oilwell Varco, Inc. as $1.68 Billion in the Current Quarter. This estimate is provided by 24 analysts. The High Revenue estimate is predicted as 1.83 Billion, while the Low Revenue Estimate prediction stands at 1.55 Billion. The company’s last year sales total was 2.19 Billion.

For the Current Quarter, the growth estimate for National Oilwell Varco, Inc. is -283.3%, while for the Next Quarter the stock growth estimate is 46.7%. In the past 5 years, the stock showed growth of -18.45% per annum. While for the next 5 years, the growth estimate is -10.53%.

The Company got Initiated by SunTrust on 18-Jan-17 to Hold.

Insider Trades for National Oilwell Varco, Inc. show that the latest trade was made on 30 Sep 2016 where Weinstock (Craig L), the General Counsel completed a transaction type “Sell” in which 653 shares were traded at a price of $36.74.

2 Insider Sales transactions were made totaling 11636 shares traded.

30 analysts projected Price Targets for National Oilwell Varco, Inc.. The analysts believe that the company stock price could grow as high as $45. The Low Price target projection by analysts is $25 and the Mean Price Target is $34.83.

National Oilwell Varco, Inc. (NYSE:NOV) has the market capitalization of $13.87 Billion. The company rocked its 52-Week High of $43.63 on Dec 12, 2016 and touched its 52-Week Low of $25.74 on Feb 11, 2016. The stock has Return on Assets (ROA) of -13.3 percent. Return on Equity (ROE) stands at -20.2% and Return on Investment (ROI) of -2.8 percent.

The stock is currently showing YTD performance of 0.05 Percent. The company has Beta Value of 1 and ATR value of 1.07. The Weekly and Monthly Volatility stands at 3.34% and 2.58%.

Company profile:

National-Oilwell is a worldwide leader in the design, manufacture and sale of machinery and equipment and in the distribution of maintenance, repair and operating products used in oil and gas drilling and production. The Company’s machinery and equipment include drawworks, mud pumps and power swivels, which are the major mechanical components of rigs used to drill oil and gas wells. Many of these components are designed specifically for applications in offshore, extended reach and deep land drilling.