Atb Cap Markets Has Negative Outlook of NBR Q1 Earnings

Nabors Industries Ltd. (NYSE:NBR) – Stock analysts at Atb Cap Markets reduced their Q1 2025 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 prior 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 brokerages also recently commented on NBR. Susquehanna reduced their price objective on shares of Nabors Industries from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Thursday, October 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $102.00 price objective on shares of Nabors Industries in a research report on Wednesday, October 16th. 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. Citigroup increased their price target on shares of Nabors Industries from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Evercore ISI reduced 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 note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $97.00.

Nabors Industries Stock Performance

Shares of NBR opened at $65.38 on Friday. The company’s 50 day simple moving average is $74.25 and its 200-day simple moving average is $74.49. Nabors Industries has a 12-month low of $59.67 and a 12-month high of $105.96. The firm has a market cap of $700.15 million, a PE ratio of -3.56 and a beta of 2.05. The company has a current ratio of 1.88, a quick ratio of 1.63 and a debt-to-equity ratio of 5.43.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. nVerses Capital LLC acquired a new stake in Nabors Industries during the third quarter worth about $45,000. Signaturefd LLC increased its position in Nabors Industries by 52.9% during the 3rd quarter. Signaturefd LLC now owns 1,364 shares of the oil and gas company’s stock worth $88,000 after purchasing an additional 472 shares in the last quarter. SG Americas Securities LLC purchased a new position in Nabors Industries in the second quarter valued at approximately $159,000. Wellington Management Group LLP acquired a new position in Nabors Industries during the third quarter valued at approximately $220,000. Finally, The Manufacturers Life Insurance Company grew its stake in Nabors Industries by 5.3% during the second quarter. The Manufacturers Life Insurance Company now owns 3,567 shares of the oil and gas company’s stock worth $254,000 after buying an additional 181 shares during the period. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

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.