Investment Analysts’ Weekly Ratings Updates for National-Oilwell Varco (NOV)

Several analysts have recently updated their ratings and price targets for National-Oilwell Varco (NYSE: NOV):

  • 2/8/2018 – National-Oilwell Varco was given a new $42.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.
  • 2/8/2018 – National-Oilwell Varco was given a new $37.00 price target on by analysts at Barclays PLC. They now have an “equal weight” rating on the stock.
  • 2/8/2018 – National-Oilwell Varco had its price target raised by analysts at Cowen Inc from $33.00 to $36.00. They now have a “market perform” rating on the stock.
  • 2/6/2018 – National-Oilwell Varco was upgraded by analysts at TheStreet from a “d+” rating to a “c” rating.
  • 2/2/2018 – National-Oilwell Varco was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 1/19/2018 – National-Oilwell Varco had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $40.00 price target on the stock.
  • 1/19/2018 – National-Oilwell Varco was given a new $42.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.
  • 1/12/2018 – National-Oilwell Varco was given a new $35.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “hold” rating on the stock.
  • 1/11/2018 – National-Oilwell Varco was given a new $33.00 price target on by analysts at Cowen Inc. They now have a “hold” rating on the stock.
  • 1/4/2018 – National-Oilwell Varco was given a new $35.00 price target on by analysts at Jefferies Group LLC. They now have a “hold” rating on the stock.
  • 1/3/2018 – National-Oilwell Varco was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 12/21/2017 – National-Oilwell Varco was given a new $37.00 price target on by analysts at Royal Bank of Canada. They now have a “hold” rating on the stock.
  • 12/21/2017 – National-Oilwell Varco had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $34.00 price target on the stock.

Shares of National-Oilwell Varco, Inc. (NOV) opened at $33.09 on Monday. National-Oilwell Varco, Inc. has a 52 week low of $29.90 and a 52 week high of $41.90. The firm has a market capitalization of $12,575.27, a PE ratio of -52.52, a PEG ratio of 21.05 and a beta of 0.89. The company has a current ratio of 3.07, a quick ratio of 1.79 and a debt-to-equity ratio of 0.19.

National-Oilwell Varco (NYSE:NOV) last issued its quarterly earnings results on Monday, February 5th. The oil and gas exploration company reported ($0.04) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.04). National-Oilwell Varco had a negative return on equity of 1.10% and a negative net margin of 3.24%. The business had revenue of $1.97 billion for the quarter. During the same quarter in the previous year, the firm posted ($0.15) EPS. research analysts forecast that National-Oilwell Varco, Inc. will post 0.26 EPS for the current fiscal year.

National Oilwell Varco, Inc is an oilfield equipment manufacturer and technology provider. The Company operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies and Completion & Production Solutions. The Rig Systems segment makes and supports the capital equipment and integrated systems needed to drill oil and gas wells on land and offshore.

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