National-Oilwell Varco (NOV) Given Daily Media Impact Score of 0.15

Media coverage about National-Oilwell Varco (NYSE:NOV) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National-Oilwell Varco earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the oil and gas exploration company an impact score of 46.0290992027719 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment’s analysis:

National-Oilwell Varco (NOV) traded up $0.30 during trading hours on Friday, reaching $39.14. 2,530,000 shares of the company’s stock were exchanged, compared to its average volume of 2,960,000. The company has a market cap of $14,870.00, a price-to-earnings ratio of -15.78, a P/E/G ratio of 20.24 and a beta of 0.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.62 and a current ratio of 2.75. National-Oilwell Varco has a 1-year low of $29.90 and a 1-year high of $41.90.

National-Oilwell Varco (NYSE:NOV) last released its quarterly earnings data on Thursday, October 26th. The oil and gas exploration company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.86 billion. National-Oilwell Varco had a negative net margin of 1.47% and a negative return on equity of 0.74%. National-Oilwell Varco’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the business earned ($0.34) EPS. sell-side analysts anticipate that National-Oilwell Varco will post -0.41 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 8th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, December 7th. This represents a $0.20 dividend on an annualized basis and a yield of 0.51%. National-Oilwell Varco’s dividend payout ratio is currently -8.06%.

NOV has been the subject of a number of recent research reports. Scotiabank set a $37.00 price target on shares of National-Oilwell Varco and gave the company a “hold” rating in a research report on Friday, October 27th. Zacks Investment Research cut shares of National-Oilwell Varco from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. ValuEngine cut shares of National-Oilwell Varco from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. R. F. Lafferty lowered their price target on shares of National-Oilwell Varco from $33.00 to $31.00 and set a “hold” rating for the company in a research report on Monday, November 6th. Finally, Deutsche Bank initiated coverage on shares of National-Oilwell Varco in a research report on Tuesday, October 10th. They set a “hold” rating and a $39.00 price target for the company. Four analysts have rated the stock with a sell rating, twenty have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $38.04.

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About National-Oilwell Varco

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.

Insider Buying and Selling by Quarter for National-Oilwell Varco (NYSE:NOV)

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