National-Oilwell Varco, Inc. ($NOV) Cautious Buy or Hold to $68 Confident Investor Rating: Fair

Company name National-Oilwell Varco, Inc.
Stock ticker NOV
Live stock price [stckqut]NOV[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $67.58
Target stock price (averages with growth) $66.25
Target stock price (averages with no growth) $56.32
Target stock price (manual assumptions) $67.76

The following company description is from Google Finance: http://www.google.com/finance?q=nov

National Oilwell Varco, Inc. is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The Company operates through three segments: Rig Technology, Petroleum Services & Supplies, and Distribution & Transmission. Its Rig Technology segment designs, manufactures, sells and services complete systems for the drilling, completion, and servicing of oil and gas wells. Its Petroleum Services & Supplies segment provides a variety of consumable goods and services used to drill, complete, remediate and workover oil and gas wells and service drill pipe, tubing, casing, flowlines and other oilfield tubular goods. Its Distribution & Transmission segment provides maintenance, repair and operating supplies and spare parts to drill site and production locations worldwide. In May 2012, it acquired Wilson distribution business segment from Schlumberger Limited.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

 

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