Zacks Research Issues Negative Estimate for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Stock analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Nabors Industries in a report issued on Tuesday, February 25th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of ($2.53) for the quarter, down from their prior estimate of ($2.19). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2025 earnings at ($2.58) EPS, Q3 2025 earnings at ($2.15) EPS, Q4 2025 earnings at ($2.71) EPS, FY2025 earnings at ($9.97) EPS, Q1 2026 earnings at ($2.50) EPS, Q2 2026 earnings at ($1.01) EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at ($0.16) EPS and FY2026 earnings at ($3.05) EPS.

Nabors Industries (NYSE:NBR) last issued its earnings results on Wednesday, February 12th. The oil and gas company reported ($6.67) EPS for the quarter, missing analysts’ consensus estimates of ($1.86) by ($4.81). Nabors Industries had a negative return on equity of 32.96% and a negative net margin of 5.93%.

A number of other analysts have also weighed in on NBR. Citigroup upped their price objective on shares of Nabors Industries from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Barclays lowered their price target on shares of Nabors Industries from $90.00 to $53.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $79.40.

Nabors Industries Price Performance

Shares of NBR stock opened at $39.77 on Friday. The stock has a market capitalization of $381.91 million, a price-to-earnings ratio of -1.78 and a beta of 2.02. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 5.95. Nabors Industries has a twelve month low of $39.74 and a twelve month high of $105.96. The stock has a fifty day simple moving average of $56.08 and a two-hundred day simple moving average of $67.13.

Institutional Investors Weigh In On Nabors Industries

Several institutional investors have recently bought and sold shares of NBR. Entropy Technologies LP acquired a new stake in shares of Nabors Industries during the third quarter worth $600,000. Intech Investment Management LLC grew its stake in shares of Nabors Industries by 6.4% during the 3rd quarter. Intech Investment Management LLC now owns 5,372 shares of the oil and gas company’s stock worth $346,000 after purchasing an additional 322 shares during the period. FMR LLC raised its position in shares of Nabors Industries by 10.6% in the third quarter. FMR LLC now owns 51,794 shares of the oil and gas company’s stock worth $3,339,000 after acquiring an additional 4,949 shares during the period. PDT Partners LLC boosted its position in Nabors Industries by 49.7% during the third quarter. PDT Partners LLC now owns 46,659 shares of the oil and gas company’s stock worth $3,008,000 after purchasing an additional 15,494 shares in the last quarter. Finally, Atom Investors LP acquired a new position in Nabors Industries during the third quarter worth $332,000. 81.92% of the stock is currently owned by institutional investors and hedge funds.

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.