$-0.06 EPS Expected for National Oilwell Varco, Inc. (NOV); Morgan Stanley China A Share Fund Has 0.92 Sentiment

National Oilwell Varco, Inc. (NYSE:NOV) Logo

Analysts expect National Oilwell Varco, Inc. (NYSE:NOV) to report $-0.06 EPS on July, 29 after the close.They anticipate $0.12 EPS change or 200.00% from last quarter’s $0.06 EPS. After having $-0.20 EPS previously, National Oilwell Varco, Inc.’s analysts see -70.00% EPS growth. The stock decreased 2.07% or $0.46 during the last trading session, reaching $21.77. About 4.09M shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has declined 39.82% since July 3, 2018 and is downtrending. It has underperformed by 44.25% the S&P500. Some Historical NOV News: 16/04/2018 - National Oilwell Varco Provides Operational Update for the First Quarter 2018; 26/04/2018 - National Oilwell Varco: Most of the Deferred Capital Equipment Deliveries Were Accepted Early in 2Q; 27/04/2018 - NATIONAL OILWELL: NOT PREPARED TO BOOST RETURNS TO SHAREHOLDERS; 06/03/2018 Report: Developing Opportunities within Carrizo Oil & Gas, Stryker, National Oilwell Varco, CommScope Holding, Park Hotels & Re; 27/04/2018 - NATIONAL OILWELL VARCO CEO CLAY WILLIAMS COMMENTS ON CALL; 26/04/2018 - NATIONAL OILWELL VARCO INC NOV.N - COMPLETION & PRODUCTION NEW ORDERS IN QUARTER WERE $324 MLN; 26/04/2018 - National Oilwell Varco 1Q Loss/Shr 18c; 16/04/2018 - National Oilwell Varco Provides Operational Update for the 1Q 2018; 26/04/2018 - NATIONAL OILWELL 1Q REV. $1.80B; 16/04/2018 - NATIONAL OILWELL VARCO PRELIM 1Q REV. $1.8B, EST. $1.94B

Morgan Stanley China A Share Fund Inc (CAF) investors sentiment increased to 0.92 in Q1 2019. It’s up 0.29, from 0.63 in 2018Q4. The ratio has increased, as 12 funds started new and increased stock positions, while 13 sold and reduced their positions in Morgan Stanley China A Share Fund Inc. The funds in our database now possess: 9.61 million shares, down from 10.11 million shares in 2018Q4. Also, the number of funds holding Morgan Stanley China A Share Fund Inc in top ten stock positions increased from 0 to 1 for an increase of 1. Sold All: 4 Reduced: 9 Increased: 7 New Position: 5.

City Of London Investment Management Co Ltd holds 3.6% of its portfolio in Morgan Stanley China A Share Fund, Inc. for 2.24 million shares. Guild Investment Management Inc. owns 65,789 shares or 2% of their US portfolio. Moreover, 1607 Capital Partners Llc has 1.77% invested in the company for 1.38 million shares. The Virginia-based Shaker Financial Services Llc has invested 0.3% in the stock. Global Endowment Management Lp, a North Carolina-based fund reported 40,000 shares.

Morgan Stanley China A Share Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The company has market cap of $484.02 million. It is co-managed by Morgan Stanley Investment Management Company. It currently has negative earnings. The fund invests in the public equity markets of China.

More notable recent Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) news were published by: Seekingalpha.com which released: “CenturyLink Deleveraging And Asset Protection Plan - Seeking Alpha” on June 20, 2019, also Prnewswire.com with their article: “WellCare Donates $15,000 to Support the Family Café - PRNewswire” published on June 07, 2019, Globenewswire.com published: “Calix Continues Innovation for First in Market CAF Performance Testing Solution - GlobeNewswire” on May 14, 2019. More interesting news about Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) were released by: Businesswire.com and their article: “CarMax Reports First Quarter Results - Business Wire” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “CarMax Inc (KMX) Q1 2020 Earnings Call Transcript - Yahoo Finance” with publication date: June 21, 2019.

The stock decreased 0.63% or $0.14 during the last trading session, reaching $22.12. About 119,004 shares traded or 22.49% up from the average. Morgan Stanley China A Share Fund, Inc. (CAF) has declined 11.22% since July 3, 2018 and is downtrending. It has underperformed by 15.65% the S&P500.

Among 5 analysts covering National Oilwell Varco (NYSE:NOV), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. National Oilwell Varco had 8 analyst reports since January 4, 2019 according to SRatingsIntel. As per Monday, April 15, the company rating was maintained by Barclays Capital. The firm earned “Neutral” rating on Friday, January 4 by Citigroup. Raymond James maintained the shares of NOV in report on Monday, April 15 with “Outperform” rating.

National Oilwell Varco, Inc. designs, makes, and sells equipment and components used in gas and oil drilling, completion, and production operations; and provides oilfield services to the upstream gas and oil industry worldwide. The company has market cap of $8.23 billion. It operates through four divisions: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. It currently has negative earnings. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components.

National Oilwell Varco, Inc. (NYSE:NOV) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.