What Analysts Predict For National Oilwell Varco, Inc. (NOV) 2Q20?

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National Oilwell Varco, Inc. (NYSE:NOV) is reporting second quarter earnings results on Monday 27th July 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.13 per share.

For the full year, analysts predict revenues of $ 6242.11 million, while looking forward to loss of $ 0.48 per share.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of NOV was $ 12.74, representing a 59.25 % increase from the 52 week low of $ 8.00 and a 50.64 % decrease over the 52 week high of $ 25.81.

The company has a market capital of $ 4.95 billion and is part of the Energy sector and Oil & Gas Equipment & Services industry.

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Recent Analyst recommendations

  • On 9th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 13.00 target price.

National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates in three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies.