Comprehensive Stock Analysis Of Nabors Industries Ltd. (NBR)

Comprehensive Stock Analysis Of Nabors Industries Ltd. (NBR)

In case of Revenue Estimates, 18 analysts have provided their consensus Average Revenue Estimates for Nabors Industries Ltd.as 592.5 Million. “Ultimately, through all this investigation into the company’s performance the analyst decides if their stock is a “buy”, sell” or hold”. LSV Asset Management’s holdings in Nabors Industries were worth $533,000 as of its most recent SEC filing. It fall, as 48 investors sold NBR shares while 114 reduced holdings. Moreover, Penn Cap Mngmt Inc has 0.02% invested in Nabors Industries Ltd. (NYSE:NBR). The company had Year Ago Sales of 571.59 Million. Great West Life Assurance Co. Bank of New York Mellon Corp raised its position in Nabors Industries by 30.4% in the first quarter. The Company has 52-week high of $18.40 and 52-week low of $7.90. Aviance Capital Management LLC purchased a new position in Nabors Industries during the first quarter valued at about $143,000.

The Relative Volume of the company is 1.03 and Average Volume (3 months) is 8.8 million. State Treasurer State of MI increased its stake in Nabors Industries by 1.6% in the first quarter. Alyeska Investment Group L.P. now owns 2,498,033 shares of the oil and gas company’s stock valued at $40,968,000 after buying an additional 1,127,415 shares during the period.

The short ratio in the company’s stock is documented at 3.56 and the short float is around of 11.39%. Nj State Employees Deferred Compensation Plan holds 0.07% of its portfolio in Nabors Industries Ltd. (NYSE:NBR) for 20,000 shares. (NYSE:NBR), 23 have Buy rating, 0 Sell and 2 Hold. The company has a market cap of $2.49 Billion. Nabors Industries Ltd. had 66 analyst reports since August 6, 2015 according to SRatingsIntel.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -34.99%, and has a poor year to date (YTD) performance of -48.05% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Nabors Industries also was the recipient of some unusual options trading on Tuesday. Stock investors acquired 54,930 put options on the company. This represents an increase of approximately 766% compared to the average volume of 6,345 put options. Balyasny Asset Limited Liability Com reported 0.31% of its portfolio in Nabors Industries Ltd. (NYSE:NBR).

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Nabors Industries Ltd. the EPS stands at -0.49 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.36, suggesting the stock fell short of the analysts’ expectations. The business had revenue of $563 million for the quarter, compared to analyst estimates of $569.96 million. The Return on Equity (ROE) and Return on Investment (ROI) values are -23.5 percent and -8.5 percent respectively. The stock has “Overweight” rating by CapitalOne on Monday, September 19. Comparatively, NBR posted earnings of $-0.41 per share in the same quarter, a year earlier. On average, equities analysts anticipate that Nabors Industries Ltd. will post ($1.34) earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Wednesday, June 14th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, June 12th.

Since May 4, 2017, it had 2 insider buys, and 0 selling transactions for $388,982 activity. Nabors Industries’s payout ratio is -8.76%. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of worldwide copyright and trademark laws.

Price targets show what analysts believes a stock will be worth at the end of a certain time period. Citigroup maintained the shares of NBR in report on Wednesday, October 5 with “Buy” rating. Goldman Sachs Group, Inc. Price Target plays a critical role when it comes to the analysis of a Stock. Finally, Credit Suisse Group reiterated a “buy” rating and set a $21.00 target price on shares of Nabors Industries in a research note on Thursday, March 30th. The Stock now has a Weekly Volatility of 6.06% and Monthly Volatility of 6.12%.

In other news, CFO William J. Restrepo purchased 22,000 shares of the company’s stock in a transaction that occurred on Thursday, May 4th. The stock was bought at an average price of $8.25 per share, for a total transaction of $181,500.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since June 15, 2016 and is uptrending. The Company is a provider of offshore platform drilling rigs in the United States and multiple global markets. The Firm conducts its Drilling & Rig Services business through four divisions: U.S.