On Oct 28, major Wall Street analysts update their ratings for $NOV Inc (NOV.US)$, with price targets ranging from $21 to $25.
Morgan Stanley analyst Daniel Kutz maintains with a buy rating, and adjusts the target price from $23 to $21.
Evercore analyst James West maintains with a buy rating, and adjusts the target price from $27 to $25.
TD Cowen analyst Marc Bianchi maintains with a buy rating, and adjusts the target price from $28 to $22.
Stifel analyst Stephen Gengaro maintains with a buy rating, and adjusts the target price from $25 to $24.
RBC Capital analyst Keith Mackey maintains with a hold rating, and maintains the target price at $21.
Furthermore, according to the comprehensive report, the opinions of $NOV Inc (NOV.US)$'s main analysts recently are as follows:
The expectation is that the ongoing cycle will continue to benefit NOV Inc., with the company's emphasis on enhancing its supply chain and profitability profile predicted to increase cash flows, leading to a more rapid distribution of cash to shareholders.
NOV Inc.'s Q3 adjusted EBITDA surpassed expectations, and robust free cash flow is anticipated to back the company's substantial capital return plan. This plan is marked by a significant dividend increase, an extensive share repurchase program, and the addition of a supplementary dividend, which collectively aim to distribute an annual total equating to 50% of the company's free cash flow to its shareholders.
The firm expressed that NOV Inc.'s fourth-quarter guidance was more disappointing than anticipated due to a product mix that is impacting margins negatively. Furthermore, the outlook for a subdued first half of the year was suggested by indications that offshore drilling clients might reduce expenditures in light of impending contract intervals.
Here are the latest investment ratings and price targets for $NOV Inc (NOV.US)$ from 7 analysts:
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美東時間10月28日，多家華爾街大行更新了$華高 (NOV.US)$的評級，目標價介於21美元至25美元。
摩根士丹利分析師Daniel Kutz維持買入評級，並將目標價從23美元下調至21美元。
Evercore分析師James West維持買入評級，並將目標價從27美元下調至25美元。
TD Cowen分析師Marc Bianchi維持買入評級，並將目標價從28美元下調至22美元。
斯迪富分析師Stephen Gengaro維持買入評級，並將目標價從25美元下調至24美元。
加皇資本市場分析師Keith Mackey維持持有評級，維持目標價21美元。
此外，綜合報道，$華高 (NOV.US)$近期主要分析師觀點如下：
預計持續週期將繼續使華高受益，公司強調增強供應鏈和盈利能力概況的重點預計將增加現金流，導致更快將現金分配給股東。
華高第三季度調整後的EBITDA超出預期，並預期強勁的自由現金流將支持公司的大規模資本回報計劃。該計劃標誌着顯著增加股息、廣泛的股份回購計劃，並增加補充股息，總體目標是將公司自由現金流的年度總額的50%分配給股東。
公司表示，由於產品組合對利潤率產生負面影響，華高第四季度的業績指引比預期更令人失望。此外，基於海上鑽井客戶可能減少支出的跡象，暗示年初將更爲沉悶的前景，這是由於即將到來的合同間隔期。
以下爲今日7位分析師對$華高 (NOV.US)$的最新投資評級及目標價：
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