Q2 Earnings Estimate for NBR Issued By Atb Cap Markets

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Equities researchers at Atb Cap Markets lowered their Q2 2025 EPS estimates for 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 prior 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.

Nabors Industries (NYSE:NBR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The oil and gas company reported ($7.50) EPS for the quarter, missing the consensus estimate of ($2.64) by ($4.86). The firm had revenue of $742.78 million during the quarter, compared to analysts' expectations of $706.49 million. Nabors Industries had a negative net margin of 5.93% and a negative return on equity of 32.96%. The company's quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the business posted ($4.54) EPS.

A number of other research firms also recently issued reports on NBR. Royal Bank of Canada decreased their price objective on Nabors Industries from $47.00 to $45.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. 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. Barclays lowered their target price on shares of Nabors Industries from $90.00 to $53.00 and set an "equal weight" rating for the company in a report on Wednesday, February 19th. Finally, Morgan Stanley lowered their price objective 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. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $61.17.

Nabors Industries Trading Up 5.9 %

Shares of NBR traded up $1.58 during trading hours on Monday, reaching $28.52. 180,699 shares of the company traded hands, compared to its average volume of 349,547. The company's fifty day moving average price is $34.55 and its two-hundred day moving average price is $53.21. The company has a quick ratio of 1.52, a current ratio of 1.75 and a debt-to-equity ratio of 5.95. The company has a market capitalization of $273.91 million, a price-to-earnings ratio of -1.28 and a beta of 1.96. Nabors Industries has a 12 month low of $25.11 and a 12 month high of $105.96.

Hedge Funds Weigh In On Nabors Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in NBR. Public Employees Retirement System of Ohio purchased a new stake in shares of Nabors Industries during the fourth quarter worth about $36,000. US Bancorp DE increased its stake in Nabors Industries by 234.9% during the 4th quarter. US Bancorp DE now owns 720 shares of the oil and gas company's stock worth $41,000 after buying an additional 505 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Nabors Industries by 520.2% during the first quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company's stock valued at $45,000 after acquiring an additional 900 shares during the last quarter. R Squared Ltd purchased a new position in shares of Nabors Industries in the fourth quarter valued at approximately $70,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Nabors Industries during the fourth quarter worth approximately $97,000. Hedge funds and other institutional investors own 81.92% of the company's stock.

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.