Why Is Nov Inc. (NOV) Up 2.5% Since Last Earnings Report?

Core Viewpoint - Nov Inc. has experienced a 2.5% increase in share price over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Nov Inc. have trended downward over the past month, with a consensus estimate shift of -5.21% [2] VGM Scores - Nov Inc. currently holds an average Growth Score of C, a Momentum Score of F, and a Value Score of B, resulting in an aggregate VGM Score of C, indicating a mixed performance across different investment strategies [3] Outlook - The downward trend in estimates suggests a negative outlook for Nov Inc., reflected in its Zacks Rank of 5 (Strong Sell), indicating expectations of below-average returns in the coming months [4]