What is Zacks Research's Forecast for NBR FY2025 Earnings?

Key Points

• Zacks Research has revised the FY2025 earnings per share (EPS) estimate for Nabors Industries to ($14.50), a decrease from the previous estimate of ($14.21).
• Royal Bank of Canada raised its price target for Nabors Industries from $45.00 to $47.00, while Barclays lowered its target price from $53.00 to $28.00.
• Nabors Industries reported a quarterly EPS of ($2.71), missing analysts' expectations, despite a 12.1% increase in revenue compared to the same quarter last year.

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Stock analysts at Zacks Research dropped their FY2025 earnings per share (EPS) estimates for shares of Nabors Industries in a research note issued on Wednesday, September 10th. Zacks Research analyst Team now expects that the oil and gas company will post earnings per share of ($14.50) for the year, down from their previous forecast of ($14.21). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries' Q4 2025 earnings at ($2.07) EPS, Q1 2026 earnings at ($2.21) EPS, Q2 2026 earnings at ($1.80) EPS, Q3 2026 earnings at ($1.62) EPS, Q4 2026 earnings at ($1.61) EPS, FY2026 earnings at ($7.24) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($1.07) EPS and FY2027 earnings at ($1.02) EPS.

Several other analysts have also issued reports on the company. Royal Bank Of Canada upped their target price on Nabors Industries from $45.00 to $47.00 and gave the stock a "sector perform" rating in a report on Thursday, August 21st. Susquehanna upped their target price on Nabors Industries from $37.00 to $39.00 and gave the stock a "neutral" rating in a report on Wednesday, August 27th. JPMorgan Chase & Co. dropped their target price on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating on the stock in a report on Wednesday, May 28th. Piper Sandler reiterated an "underweight" rating and set a $32.00 target price (up previously from $30.00) on shares of Nabors Industries in a report on Thursday, August 14th. Finally, Barclays reiterated an "underweight" rating and set a $28.00 target price (down previously from $53.00) on shares of Nabors Industries in a report on Monday, May 19th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Nabors Industries currently has a consensus rating of "Reduce" and an average target price of $43.00.

Nabors Industries Stock Up 0.4%

NBR traded up $0.16 on Friday, hitting $41.71. 425,277 shares of the company were exchanged, compared to its average volume of 471,403. Nabors Industries has a 12 month low of $23.27 and a 12 month high of $86.10. The company has a market cap of $656.39 million, a PE ratio of -2.97 and a beta of 1.60. The company has a debt-to-equity ratio of 4.17, a quick ratio of 1.63 and a current ratio of 1.79. The stock's fifty day moving average is $34.98 and its 200-day moving average is $33.35.

Nabors Industries (NYSE:NBR - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The oil and gas company reported ($2.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.05) by ($0.66). Nabors Industries had a negative net margin of 3.51% and a negative return on equity of 35.99%. The firm had revenue of $832.79 million during the quarter, compared to analyst estimates of $857.98 million. During the same period in the prior year, the business earned ($4.29) EPS. The business's revenue for the quarter was up 12.1% compared to the same quarter last year.

Hedge Funds Weigh In On Nabors Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new position in shares of Nabors Industries in the fourth quarter valued at approximately $36,000. GAMMA Investing LLC boosted its stake in shares of Nabors Industries by 520.2% in the first quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company's stock valued at $45,000 after buying an additional 900 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Nabors Industries by 3,866.7% in the first quarter. Russell Investments Group Ltd. now owns 1,309 shares of the oil and gas company's stock valued at $55,000 after buying an additional 1,276 shares during the period. Ameritas Investment Partners Inc. boosted its stake in shares of Nabors Industries by 58.5% in the second quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company's stock valued at $40,000 after buying an additional 533 shares during the period. Finally, State of Wyoming boosted its stake in shares of Nabors Industries by 20.5% in the first quarter. State of Wyoming now owns 2,941 shares of the oil and gas company's stock valued at $123,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 81.92% of the company's stock.

Insider Activity at Nabors Industries

In other news, major shareholder Varde Partners Inc sold 312,378 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $41.04, for a total value of $12,819,993.12. Following the transaction, the insider owned 1,406,052 shares of the company's stock, valued at approximately $57,704,374.08. This represents a 18.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.41% of the company's stock.

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.