Core Insights - The article emphasizes the importance of value investing and the use of specific metrics to identify undervalued stocks [1] Group 1: Company Analysis - NOV (NOV) has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential as a value stock [2] - NOV's PEG ratio is 0.51, significantly lower than the industry average of 1.12, suggesting it may be undervalued [2] - NOV's P/S ratio is 0.83, compared to the industry's average of 1.62, further indicating potential undervaluation [2] Group 2: Qifu Technology, Inc. Analysis - Qifu Technology, Inc. (QFIN) also holds a Zacks Rank of 2 (Buy) with a Value score of A, marking it as a strong value stock [3] - QFIN's Forward P/E ratio is 4.51, while its PEG ratio is 0.41, both significantly lower than the industry averages of 38.65 and 1.12 respectively [3] - QFIN's P/B ratio is 1.06, compared to the industry's price-to-book ratio of 9.54, indicating it may be undervalued [3] Group 3: Overall Value Assessment - Both NOV and QFIN exhibit strong value characteristics, suggesting they are likely undervalued in the current market [4]

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Sc ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores categorize stocks based on value, growth, and momentum, helping investors identify stocks with the potential to outperform the market [1][2] Zacks Style Scores - **Value Score**: Focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales, appealing to value investors [2] - **Growth Score**: Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings and cash flow [2] - **Momentum Score**: Aids momentum investors by assessing price trends and earnings outlook changes to identify optimal buying opportunities [2] - **VGM Score**: Combines all three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, growth forecasts, and momentum [3] Zacks Rank and Style Scores Integration - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for higher return potential, while 3 (Hold) stocks should also have A or B Scores for optimal upside [5] Company Spotlight: NOV Inc. - NOV Inc., a leader in oil and gas drilling systems, holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a solid position in the market [6] - The company has a Value Style Score of A, supported by a forward P/E ratio of 11.7, making it attractive to value investors [6] - Recent upward revisions in earnings estimates for fiscal 2024 have increased the Zacks Consensus Estimate to $1.56 per share, with an average earnings surprise of 13.9% [6]

NOV Inc. (NYSE:NOV) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and CFO Conference Call Participants Jim Rollyson - Raymond James Stephen Gengaro - Stifel James West - Evercore ISI Tom Curran - Seaport Research Partners Scott Gruber - Citigroup Kurt Hallead - Benchmark Operator Good day, ladies and gentlemen, and welcome to the NOV First Quarter 2024 Earnings Conference Call. [O ...

NOV Inc. First Quarter 2024 Earnings Presentation April 26, 2024 Safe Harbor / Forward Looking Statements ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number 1-12317 Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 NOV INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 76-0475815 (IRS Employ ...

FOR IMMEDIATE RELEASE NOV REPORTS FIRST QUARTER 2024 RESULTS, RETURN OF CAPITAL FRAMEWORK, $1 BILLION SHARE REPURCHASE AUTHORIZATION, AND PLAN TO INCREASE DIVIDEND 50% Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 * Adjusted EBITDA, Free cash flow, and Excess Free Cash Flow are non-GAAP measures, see "Non-GAAP Financial Measures," "Reconciliation of Cash Flows from Operating Activities to Free Cash Flow" and "Reconciliation of Adjusted EBITDA to Net Income" below. HOUSTON, TX, April 25, 2024 NOV ...

Nov Inc. (NOV) reported $2.16 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.8%. EPS of $0.30 for the same period compares to $0.32 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.11 billion, representing a surprise of +2.37%. The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Nov Inc. (NOV) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this oil and gas industry supplier would post earnings of $0.41 per share when it actually produced earnings of $0.54, delivering a surprise of 31.71%.Over the last four quarters ...