How to Buy Nov Stock
Nov Inc
Nov is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker NOV on the NYSE exchange.
Nov stock last closed at $12.53, up 3.98% from the previous day, and has decreased 32.16% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.06 percentage points. Nov stock is currently +15.59% from its 52-week low of $10.84, and -40.9% from its 52-week high of $21.20.
There are currently 380.82M NOV shares outstanding. The market value of NOV is $4.77B. In the last 24 hours, 3.19M NOV shares were traded.
How to Buy Nov Stock
Wondering how to invest in Nov stock? Here's how.
- Choose where to buy Nov stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Nov stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Evaluate Nov stock: The Nov ticker symbol is NOV. Is Nov stock a good investment? Should you buy shares of NOV? How do NOV's underlying business fundamentals look? Do top analysts think Nov is a good buy? Why has NOV's stock price moved recently? (Hint: Our stock research website can help you understand if NOV is a good stock to buy).
- Make your NOV trade: Decide if you will purchase NOV shares at the current market price or use a limit order to buy NOV shares at a specific price.
- Get the latest scoop on your NOV position: Create a watchlist to watch your new investment in Nov shares.
Step 1: Choose where to buy Nov stock
You will need a brokerage account to access the NYSE market and buy NOV shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Energy, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can buy NOV stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on app for stock market, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Nov stock
Once you have figured out the best place to buy Nov stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.
Nov Numbers
NOV Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on NOV's stock page.
Is NOV stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge NOV's fair value.
Using relative valuations ratios:
- NOV could be undervalued based on its P/E ratio of 7.73x, relative to Oil & Gas Equipment & Services industry P/E ratio of 15.32x
- NOV could be undervalued based on its P/B ratio of 0.75x, relative to Oil & Gas Equipment & Services industry P/B ratio of 1.96x
- NOV could be overvalued based on its PEG ratio of 2.49x
You can access more valuation research on NOV's stock here.
NOV Financial Health
Signs that NOV is financially healthy:
- There are more short-term assets than long-term liabilities on the NOV balance sheet.
- There are more short-term assets than short-term liabilities on the NOV balance sheet.
- NOV earnings of $922.00M is not enough to cover its interest payments.
- NOV's operating cash flow of $1.30B allows it to safely service it's debt of $2.39B.
Signs that NOV is not financially healthy:
- NOV profit margin has gone down from 11.6% to 7.2% in the past year.
- Total NOV debt is higher than 5 years ago, relative to shareholder equity.
- NOV has a relatively high debt to equity ratio of 0.77.
Do analysts think it's a good time to buy Nov stock
Out of 12 sell side analysts who give ratings on NOV, the consensus analyst rating on NOV is a Hold
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest NOV Analyst Ratings
Luke Lemoine, a bottom 16% analyst from Piper Sandler maintains NOV with a hold rating and raises their NOV price target from $17.00 to $18.00, on Feb 10, 2025.
James Rollyson, a bottom 19% analyst from Raymond James maintains NOV with a buy rating and raises their NOV price target from $18.00 to $19.00, on Feb 6, 2025.
James West, a top 8% analyst from Evercore ISI Group downgrades NOV to a hold rating and lowers their NOV price target from $25.00 to $18.00, on Jan 15, 2025.
Waqar Syed, a bottom 9% analyst from ATB Capital downgrades NOV to a hold rating and maintains their NOV price target from $19.00 to $19.00, on Dec 10, 2024.
Scott Gruber, a bottom 24% analyst from Citigroup downgrades NOV to a hold rating and lowers their NOV price target from $21.00 to $18.00, on Nov 11, 2024.
You can dig deeper into what analysts are saying on the Nov stock forecast page.
NOV Momentum
Is NOV Growing Revenue?
Last year, NOV earnings were $635.00M. During the past 2 year, NOV's earnings have increased by 101.25% per year. This was faster than the Oil & Gas Equipment & Services industry average of 100.83%.
Last year, NOV revenue was $8.87B. In the past 5 year, NOV's revenue has increased by 0.91% per year. This was slower than the Oil & Gas Equipment & Services industry average of 8.39%.
Learn more about NOV's earnings and revenue performance here.
What are NOV executives and large shareholders up to?
In the past year, executives and large shareholders at NOV have sold more shares than they have bought.
Jose A. Bayardo, Senior VP and CFO of NOV, was the latest NOV insider to sell. They sold $63,764.20 worth of NOV shares on Feb 23, 2025.
Get more info about who owns NOV shares here.
Can I get consistent income from NOV stock?
Nov pays a dividend of 2.39%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.03%. If you owned $1,000 of NOV stock, you would have been paid $23.94 last year.
Nov dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Nov dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your NOV trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your NOV position
Now that you own some NOV shares, you'll want to keep up with your new shares.
Start a watchlist to get the latest updates about your NOV stock.
NOV Feed
How to Buy Stock in Nov
To summarize, here are the 6 steps for buying Nov stock:
- Choose where to buy Nov stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Nov stock
- Make your NOV trade
- Get the latest scoop on your NOV position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Nov, add NOV to your watchlist below.
Other Content You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.