How Does Nov Inc (NOV) Stock Rank on Wall Street Wednesday?

Wall Street is positive on Nov Inc (NOV). On average, analysts give the stock a Buy rating. The average price target is $25, which means analysts expect the stock to gain by 31.72% over the next twelve months. That average ranking earns the stock an Analyst Rating of 33, which is better than 33% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating NOV a Buy today. Find out what this means to you and get the rest of the rankings on NOV!

See Full NOV Report

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Nov Inc Stock Today?

Nov Inc (NOV) stock has fallen -0.21% while the S&P 500 has risen 0.44% as of 3:23 PM on Wednesday, Nov 22. NOV is down -$0.04 from the previous closing price of $19.02 on volume of 1,625,916 shares. Over the past year the S&P 500 is up 13.86% while NOV is down -17.30%. NOV earned $1.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.06. Click Here to get the full Stock Report for Nov Inc stock.