Atb Cap Markets Has Negative Outlook of NBR Q2 Earnings

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Research analysts at Atb Cap Markets dropped their Q2 2025 earnings per share estimates for shares of Nabors Industries in a research note issued on Wednesday, April 30th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will post earnings of ($2.23) per share for the quarter, down from their previous estimate of ($1.27). 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 ($1.73) EPS, Q4 2025 earnings at ($0.92) EPS, Q1 2026 earnings at ($1.54) EPS, Q2 2026 earnings at ($1.09) EPS, Q3 2026 earnings at ($0.74) EPS, Q4 2026 earnings at ($0.12) EPS, FY2026 earnings at ($3.48) EPS, Q1 2027 earnings at ($0.30) EPS and FY2027 earnings at $4.00 EPS.

Several other brokerages have also recently commented on NBR. Morgan Stanley reduced their price target on shares of Nabors Industries from $115.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Royal Bank of Canada reduced their target price on Nabors Industries from $47.00 to $45.00 and set a "sector perform" rating on the stock in a report on Thursday, May 1st. Barclays dropped their price target on Nabors Industries from $90.00 to $53.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 19th. Finally, Susquehanna dropped their price objective on shares of Nabors Industries from $32.00 to $29.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $61.17.

Nabors Industries Stock Up 0.5 %

NYSE NBR traded up $0.13 during trading hours on Monday, reaching $26.44. 461,981 shares of the company traded hands, compared to its average volume of 347,887. The stock has a market capitalization of $253.93 million, a PE ratio of -1.18 and a beta of 1.96. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 5.95. Nabors Industries has a 12 month low of $25.11 and a 12 month high of $105.96. The company has a 50 day moving average of $35.04 and a two-hundred day moving average of $53.73.

Nabors Industries (NYSE:NBR - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $742.78 million during the quarter, compared to analyst estimates of $706.49 million. Nabors Industries had a negative return on equity of 32.96% and a negative net margin of 5.93%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($4.54) EPS.

Institutional Trading of Nabors Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in NBR. Vanguard Group Inc. raised its holdings in shares of Nabors Industries by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 696,155 shares of the oil and gas company's stock worth $39,799,000 after purchasing an additional 18,017 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Nabors Industries by 10.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 289,632 shares of the oil and gas company's stock worth $16,556,000 after acquiring an additional 27,849 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Nabors Industries by 12.0% during the fourth quarter. American Century Companies Inc. now owns 285,815 shares of the oil and gas company's stock valued at $16,340,000 after purchasing an additional 30,537 shares during the last quarter. Miller Value Partners LLC boosted its position in shares of Nabors Industries by 99.5% in the 4th quarter. Miller Value Partners LLC now owns 281,195 shares of the oil and gas company's stock valued at $16,076,000 after purchasing an additional 140,230 shares during the period. Finally, Van ECK Associates Corp increased its stake in Nabors Industries by 41.0% in the 4th quarter. Van ECK Associates Corp now owns 202,552 shares of the oil and gas company's stock worth $11,580,000 after purchasing an additional 58,946 shares in the last quarter. 81.92% of the stock is currently owned by institutional investors.

Nabors Industries Company Profile

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.