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Nabors Industries (NBR)
NYSE:NBR
Nabors Industries (NBR) Stock Price & Analysis
514 Followers
NBR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$71.42 - $141.47
Previous Close$88.19
Volume157.06K
Average Volume (3M)236.38K
Market Cap
$835.34M
Enterprise Value$3.87B
Total Cash (Recent Filing)$1.07B
Total Debt (Recent Filing)$3.15B
Price to Earnings (P/E)-20.4
Beta1.77
Next Earnings
Apr 24, 2024EPS Estimate
-$1.48Last Dividend Ex-Date
Mar 11, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-4.33
Shares Outstanding10,633,331
10 Day Avg. Volume191,174
30 Day Avg. Volume236,383
Standard Deviation0.32
R-Squared0.15
Alpha0.00875
Financial Highlights & Ratios
Price to Book (P/B)2.91
Price to Sales (P/S)1.31
Price to Cash Flow (P/CF)1.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.28
Enterprise Value/Gross Profit3.18
Enterprise Value/Ebitda7.36
Forecast
1Y Price Target
$112.50Price Target Upside27.57% Upside
Rating ConsensusHold
Number of Analyst Covering7
Nabors Industries News
PremiumPre-Earnings
Is NBR a Buy, Before Earnings?
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NBR FAQ
What was Nabors Industries’s price range in the past 12 months?
Nabors Industries lowest stock price was $71.42 and its highest was $141.47 in the past 12 months.
What is Nabors Industries’s market cap?
Currently, no data Available
When is Nabors Industries’s upcoming earnings report date?
Nabors Industries’s upcoming earnings report date is Apr 24, 2024 which is in 5 days.
How were Nabors Industries’s earnings last quarter?
Nabors Industries released its earnings results on Feb 06, 2024. The company reported -$1.56 earnings per share for the quarter, missing the consensus estimate of -$1.147 by -$0.413.
Is Nabors Industries overvalued?
According to Wall Street analysts Nabors Industries’s price is currently Undervalued.
Does Nabors Industries pay dividends?
Nabors Industries pays a Quarterly dividend of $0.45 which represents an annual dividend yield of N/A. See more information on Nabors Industries dividends here
What is Nabors Industries’s EPS estimate?
Nabors Industries’s EPS estimate is -$1.48.
How many shares outstanding does Nabors Industries have?
Nabors Industries has 9,472,048 shares outstanding.
What happened to Nabors Industries’s price movement after its last earnings report?
Nabors Industries reported an EPS of -$1.56 in its last earnings report, missing expectations of -$1.147. Following the earnings report the stock price went down -1.181%.
Which hedge fund is a major shareholder of Nabors Industries?
Among the largest hedge funds holding Nabors Industries’s share is Elm Ridge Management, LLC. It holds Nabors Industries’s shares valued at 2M.
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Nabors Industries Stock Smart Score
Underperform
1
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10
Analyst Consensus
Hold
Average Price Target:
$112.50 (27.57% Upside)
$112.50 (27.57% Upside)
Blogger Sentiment
Bullish
NBR Sentiment 66%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 15.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 8.4%
Last 30 Days ▼ 8.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.34%
12-Months-Change
Fundamentals
Return on Equity
-10.29%
Trailing 12-Months
Asset Growth
11.59%
Trailing 12-Months
Company Description
Nabors Industries
Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in states and Alaska as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.
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NBR Earnings Call
Q4 2024
0:00 / 0:00
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NBR Stock 12 Months Forecast
Average Price Target
$112.50
▲(27.57% Upside)
Technical Analysis
Best Analysts Covering NBR
1 Year
1 Year Success Rate
5/16 ratings generated profit
1 Year Average Return
-4.19%
reiterated a buy rating 2 months ago
Copying Scott Gruber's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of -4.19% per trade.
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