Nov Inc Stock Shares Outstanding
NOV Stock | USD 16.25 0.36 2.17% |
NOV Inc fundamentals help investors to digest information that contributes to NOV's financial success or failures. It also enables traders to predict the movement of NOV Stock. The fundamental analysis module provides a way to measure NOV's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NOV stock.
Common Stock Shares Outstanding is likely to drop to about 343 M in 2024. NOV | Shares Outstanding |
NOV Inc Company Shares Outstanding Analysis
NOV's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current NOV Shares Outstanding | 389.08 M |
Most of NOV's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NOV Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NOV Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for NOV is extremely important. It helps to project a fair market value of NOV Stock properly, considering its historical fundamentals such as Shares Outstanding. Since NOV's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NOV's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NOV's interrelated accounts and indicators.
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NOV Shares Outstanding Historical Pattern
Today, most investors in NOV Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NOV's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NOV shares outstanding as a starting point in their analysis.
NOV Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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NOV Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, NOV Inc has 389.08 M of shares currently outstending. This is 78.55% lower than that of the Energy Equipment & Services sector and 103.97% higher than that of the Energy industry. The shares outstanding for all United States stocks is 31.96% higher than that of the company.
NOV Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOV's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NOV could also be used in its relative valuation, which is a method of valuing NOV by comparing valuation metrics of similar companies.NOV is currently under evaluation in shares outstanding category among its peers.
NOV ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NOV's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NOV's managers, analysts, and investors.Environmental | Governance | Social |
NOV Fundamentals
Return On Equity | 0.18 | ||||
Return On Asset | 0.0428 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 7.88 B | ||||
Shares Outstanding | 389.08 M | ||||
Shares Owned By Insiders | 0.63 % | ||||
Shares Owned By Institutions | 99.41 % | ||||
Number Of Shares Shorted | 13.09 M | ||||
Price To Book | 1.00 X | ||||
Price To Sales | 0.73 X | ||||
Revenue | 8.58 B | ||||
Gross Profit | 1.41 B | ||||
EBITDA | 651 M | ||||
Net Income | 993 M | ||||
Cash And Equivalents | 1.07 B | ||||
Cash Per Share | 2.54 X | ||||
Total Debt | 2.38 B | ||||
Debt To Equity | 0.48 % | ||||
Current Ratio | 2.31 X | ||||
Book Value Per Share | 16.61 X | ||||
Cash Flow From Operations | 143 M | ||||
Short Ratio | 3.62 X | ||||
Earnings Per Share | 2.70 X | ||||
Price To Earnings To Growth | 0.27 X | ||||
Target Price | 20.3 | ||||
Number Of Employees | 33.68 K | ||||
Beta | 1.67 | ||||
Market Capitalization | 6.46 B | ||||
Total Asset | 11.29 B | ||||
Retained Earnings | (1.16 B) | ||||
Working Capital | 3.4 B | ||||
Current Asset | 11.8 B | ||||
Current Liabilities | 4.25 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.25 % | ||||
Net Asset | 11.29 B | ||||
Last Dividend Paid | 0.25 |
About NOV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NOV Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOV Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.