Atb Cap Markets Has Pessimistic Outlook of NBR Q1 Earnings

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Analysts at Atb Cap Markets decreased their Q1 2025 earnings per share (EPS) estimates for Nabors Industries in a research report issued on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will post earnings of ($3.00) per share for the quarter, down from their previous estimate of ($2.88). The consensus estimate for Nabors Industries' current full-year earnings is ($15.52) per share. Atb Cap Markets also issued estimates for Nabors Industries' Q2 2025 earnings at ($2.17) EPS, Q3 2025 earnings at ($1.70) EPS, Q4 2025 earnings at ($1.23) EPS, FY2025 earnings at ($8.09) EPS, Q1 2026 earnings at ($1.18) EPS, Q2 2026 earnings at ($0.56) EPS, Q3 2026 earnings at ($0.29) EPS and FY2026 earnings at ($1.73) EPS.

A number of other analysts also recently weighed in on NBR. Citigroup upped their target price on shares of Nabors Industries from $75.00 to $80.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Susquehanna dropped their price target on shares of Nabors Industries from $79.00 to $77.00 and set a "neutral" rating on the stock in a report on Thursday, October 24th. Evercore ISI cut their price objective on shares of Nabors Industries from $94.00 to $85.00 and set an "in-line" rating for the company in a research report on Thursday, October 24th. Royal Bank of Canada restated a "sector perform" rating and set a $102.00 target price on shares of Nabors Industries in a research report on Wednesday, October 16th. Finally, Barclays decreased their target price on shares of Nabors Industries from $110.00 to $88.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 16th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $97.00.

Nabors Industries Stock Performance

NBR stock traded down $2.35 during midday trading on Friday, hitting $64.77. The company had a trading volume of 108,883 shares, compared to its average volume of 284,782. Nabors Industries has a 52 week low of $59.67 and a 52 week high of $105.96. The company has a debt-to-equity ratio of 5.43, a quick ratio of 1.63 and a current ratio of 1.88. The stock's 50 day moving average price is $74.57 and its 200 day moving average price is $74.56.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in NBR. SG Americas Securities LLC purchased a new stake in Nabors Industries during the second quarter valued at approximately $159,000. Bank of New York Mellon Corp grew its position in Nabors Industries by 42.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company's stock worth $8,189,000 after purchasing an additional 34,473 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Nabors Industries by 6.8% in the second quarter. Van ECK Associates Corp now owns 197,177 shares of the oil and gas company's stock worth $14,031,000 after buying an additional 12,622 shares during the last quarter. Nicola Wealth Management LTD. increased its position in shares of Nabors Industries by 182.9% in the 2nd quarter. Nicola Wealth Management LTD. now owns 23,200 shares of the oil and gas company's stock valued at $1,651,000 after acquiring an additional 15,000 shares during the period. Finally, Texas Permanent School Fund Corp raised its stake in Nabors Industries by 56.7% in the 2nd quarter. Texas Permanent School Fund Corp now owns 12,115 shares of the oil and gas company's stock worth $862,000 after acquiring an additional 4,384 shares during the last quarter. Hedge funds and other institutional investors own 81.92% 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.