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Is this Large Market Cap Stock target price reasonable for National Oilwell Varco, Inc. (NYSE:NOV)?

The company in question is, National Oilwell Varco, Inc. (NYSE:NOV) currently with a stock price of 34.23 (2.64% today). The market cap for National Oilwell Varco, Inc. is 12323.82, and is in the sector Basic Materials, and Oil & Gas Equipment & Services industry. The target price for National Oilwell Varco, Inc. is 32.37. Currently National Oilwell Varco, Inc. is trading with a P/E of *TBA, and a forward P/E of *TBA. Average volume for National Oilwell Varco, Inc. is 4448.64 and so far today it is 2098580.

Performance in the last year for National Oilwell Varco, Inc. has been -14.53%. For EPS growth, National Oilwell Varco, Inc. has seen a growth of -134.90%, and is looking to grow in the next year to 61.70%. More long term stats show that EPS growth has been -20.10% over the last five years and could be -4.45% for the next five years. National Oilwell Varco, Inc. has seen sales growth quarter over quarter at -55.90%, with EPS growth quarter over quarter at -177.70%. The 20-day simple moving average is 2.69%, with the 200-day simple moving average coming to 5.42%.

Since the IPO date for National Oilwell Varco, Inc. on the 10/29/1996, National Oilwell Varco, Inc. has seen performance year to date to be 1.20%. With National Oilwell Varco, Inc. trading at 34.23, the dividend yield is 0.60%, and the EPS is -4.58.

So could National Oilwell Varco, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.24 and the P/B is at 0.77. The P/cash is 7.42, with P/free cash flow at *TBA.

National Oilwell Varco, Inc. ability to deal with debt shows that the current ratio is 3.1, and the quick ratio is 1.7. This is with long term debt/equity at 0.2, and total debt/equity at 0.2.

In terms of margins, National Oilwell Varco, Inc. has a gross margin of 14.50%, an operating margin of -18.70% and a profit margin of -17.10%.Payout ratio for National Oilwell Varco, Inc. is *TBA. Return on assets come to -6.50% with return on investment coming to -2.80%.

Insider ownership for National Oilwell Varco, Inc., is at 0.20% and institutional ownership comes to 98.20%. Outstanding shares are at 369.53. While shares float is 369.53. The float short is currently 11.69%, and short ratio is 9.71.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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