Atb Cap Markets Analysts Lower Earnings Estimates for NBR

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Research analysts at Atb Cap Markets cut their Q2 2025 earnings per share (EPS) estimates for shares of Nabors Industries in a report released on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will earn ($2.25) per share for the quarter, down from their previous 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 posted its quarterly earnings results on Tuesday, April 29th. The oil and gas company reported ($7.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.64) by ($4.86). Nabors Industries had a negative return on equity of 38.71% and a negative net margin of 3.66%. The company had revenue of $742.78 million for the quarter, compared to the consensus estimate of $706.49 million. During the same quarter in the previous year, the business earned ($4.54) earnings per share. Nabors Industries's revenue was up .3% compared to the same quarter last year.

Several other equities analysts have also issued reports on NBR. JPMorgan Chase & Co. reduced their price target on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating on the stock in a research report on Wednesday, May 28th. Barclays restated an "underweight" rating and set a $28.00 price target (down from $53.00) on shares of Nabors Industries in a research report on Monday, May 19th. Citigroup reduced their price target on Nabors Industries from $50.00 to $38.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Royal Bank Of Canada reduced their price target on Nabors Industries from $47.00 to $45.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 1st. Finally, Susquehanna lifted their price objective on Nabors Industries from $29.00 to $32.00 and gave the stock a "neutral" rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $43.29.

Nabors Industries Trading Down 0.7%

NBR traded down $0.21 on Friday, hitting $31.16. 172,120 shares of the company were exchanged, compared to its average volume of 400,354. The firm has a fifty day simple moving average of $29.39 and a two-hundred day simple moving average of $41.19. The company has a debt-to-equity ratio of 4.13, a quick ratio of 1.62 and a current ratio of 1.80. Nabors Industries has a 12 month low of $23.27 and a 12 month high of $105.96. The stock has a market capitalization of $489.13 million, a PE ratio of -1.99 and a beta of 1.52.

Institutional Investors Weigh In On Nabors Industries

A number of large investors have recently made changes to their positions in NBR. Principal Financial Group Inc. grew its position in shares of Nabors Industries by 2.8% in the 4th quarter. Principal Financial Group Inc. now owns 43,602 shares of the oil and gas company's stock worth $2,493,000 after buying an additional 1,184 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Nabors Industries in the 4th quarter valued at approximately $664,000. US Bancorp DE lifted its stake in shares of Nabors Industries by 234.9% in 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 period. Amundi lifted its stake in shares of Nabors Industries by 192.8% in the 4th quarter. Amundi now owns 7,115 shares of the oil and gas company's stock valued at $443,000 after purchasing an additional 4,685 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of Nabors Industries by 152.8% in the 4th quarter. HighTower Advisors LLC now owns 27,727 shares of the oil and gas company's stock valued at $1,585,000 after purchasing an additional 16,761 shares during the period. 81.92% of the stock is currently owned by 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.