In last trading session, Nabors Industries Ltd (NYSE:NBR) saw 0.37 million shares changing hands with its beta currently measuring 2.04. Company’s recent per share price level of $43.23 trading at -$2.84 or -6.16% at ring of the bell on the day assigns it a market valuation of $415.17M. That closing price of NBR’s stock is at a discount of -145.11% from its 52-week high price of $105.96 and is indicating a discount of -1.3% from its 52-week low price of $43.79.

For Nabors Industries Ltd (NBR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -2.97 in the current quarter.

Nabors Industries Ltd (NYSE:NBR) trade information

Upright in the red during last session for losing -6.16%, in the last five days NBR remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $43.23 price level, adding 16.4% to its value on the day. Nabors Industries Ltd’s shares saw a change of -24.38% in year-to-date performance and have moved -13.00% in past 5-day. Nabors Industries Ltd (NYSE:NBR) showed a performance of -33.86% in past 30-days.

Wall Street analysts have assigned a consensus price target of 95 to the stock, which implies a rise of 54.49% to its current value. Analysts have been projecting 75 as a low price target for the stock while placing it at a high target of 115. It follows that stock’s current price would drop -73.49% in reaching the projected high whereas dropping to the targeted low would mean a loss of -73.49% for stock’s current value.

Nabors Industries Ltd (NBR) estimates and forecasts

This year revenue growth is estimated to rise 6.49% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 700.06M for the same. And 5 analysts are in estimates of company making revenue of 787.9M in the next quarter. Company posted 733.7M and 734.8M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.66% during past 5 years.

Nabors Industries Ltd (NYSE:NBR)’s Major holders

BLACKROCK INC. is the top institutional holder at NBR for having 1.51 million shares of worth $107.76 million. And as of 2024-06-30, it was holding 16.5036 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4248 of outstanding shares, having a total worth of $55.01 million.

On the other hand, iShares Core S&P Smallcap ETF and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 580.72 shares of worth $25.1 million or 6.05% of the total outstanding shares. The later fund manager was in possession of 258.44 shares on Nov 30, 2024 , making its stake of worth around $11.17 million in the company or a holder of 2.69% of company’s stock.