Atb Cap Markets Has Negative Forecast for NBR Q2 Earnings

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Investment analysts at Atb Cap Markets decreased their Q2 2025 earnings per share estimates for shares of Nabors Industries in a research note issued to investors on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will earn ($2.25) per share for the quarter, down from their prior estimate of ($2.23). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Atb Cap Markets also issued estimates for Nabors Industries' Q3 2025 earnings at ($2.01) EPS, Q4 2025 earnings at ($1.31) EPS, Q1 2026 earnings at ($1.64) EPS, Q2 2026 earnings at ($1.05) EPS, Q3 2026 earnings at ($0.70) EPS, Q4 2026 earnings at ($0.14) EPS, FY2026 earnings at ($3.51) EPS, Q1 2027 earnings at ($0.40) EPS and Q2 2027 earnings at $0.77 EPS.

Nabors Industries (NYSE:NBR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The oil and gas company reported ($7.50) EPS for the quarter, missing analysts' consensus estimates of ($2.64) by ($4.86). Nabors Industries had a negative net margin of 3.66% and a negative return on equity of 38.71%. The firm had revenue of $742.78 million during the quarter, compared to the consensus estimate of $706.49 million. During the same quarter in the previous year, the company posted ($4.54) earnings per share. The firm's revenue was up .3% on a year-over-year basis.

A number of other brokerages also recently issued reports on NBR. Citigroup dropped their price objective on Nabors Industries from $50.00 to $38.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Morgan Stanley cut their target price on Nabors Industries from $75.00 to $50.00 and set an "overweight" rating on the stock in a report on Friday, May 16th. Royal Bank Of Canada dropped their price objective on Nabors Industries from $47.00 to $45.00 and set a "sector perform" rating on the stock in a research note on Thursday, May 1st. JPMorgan Chase & Co. dropped their price objective on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating on the stock in a research note on Wednesday, May 28th. Finally, Barclays restated an "underweight" rating and set a $28.00 price objective (down from $53.00) on shares of Nabors Industries in a research note on Monday, May 19th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $43.29.

Nabors Industries Trading Up 2.1%

NYSE:NBR traded up $0.64 during trading hours on Friday, hitting $31.80. 476,108 shares of the company were exchanged, compared to its average volume of 401,531. The stock has a market capitalization of $499.26 million, a price-to-earnings ratio of -2.03 and a beta of 1.52. The company has a current ratio of 1.80, a quick ratio of 1.62 and a debt-to-equity ratio of 4.13. Nabors Industries has a one year low of $23.27 and a one year high of $105.96. The company has a fifty day simple moving average of $29.42 and a 200 day simple moving average of $40.79.

Institutional Investors Weigh In On Nabors Industries

Several large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Nabors Industries by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,233 shares of the oil and gas company's stock valued at $299,000 after purchasing an additional 228 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Nabors Industries by 5.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,780 shares of the oil and gas company's stock valued at $502,000 after purchasing an additional 459 shares during the last quarter. State of Wyoming increased its position in shares of Nabors Industries by 20.5% during the 1st quarter. State of Wyoming now owns 2,941 shares of the oil and gas company's stock valued at $123,000 after purchasing an additional 500 shares during the last quarter. US Bancorp DE increased its position in shares of Nabors Industries by 234.9% during the 4th quarter. US Bancorp DE now owns 720 shares of the oil and gas company's stock valued at $41,000 after purchasing an additional 505 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its holdings in Nabors Industries by 11.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 5,540 shares of the oil and gas company's stock worth $231,000 after acquiring an additional 570 shares during the last quarter. 81.92% of the stock is owned by hedge funds and other institutional investors.

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.