In last trading session, Nabors Industries Ltd (NYSE:NBR) saw 0.37 million shares changing hands with its beta currently measuring 1.51. Company’s recent per share price level of $30.12 trading at -$1.47 or -4.65% at ring of the bell on the day assigns it a market valuation of $472.87M. That closing price of NBR’s stock is at a discount of -251.79% from its 52-week high price of $105.96 and is indicating a premium of 22.74% from its 52-week low price of $23.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 488.53K if we extend that period to 3-months.
For Nabors Industries Ltd (NBR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.40. 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 -2.15 in the current quarter.
Nabors Industries Ltd (NYSE:NBR) trade information
Nabors Industries Ltd’s shares saw a change of -64.75% in year-to-date performance and have moved -11.72% in past 5-day. Nabors Industries Ltd (NYSE:NBR) showed a performance of -13.42% in past 30-days. Number of shares sold short was 2.03 million shares which calculate 4.1 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 75 to the stock, which implies a rise of 59.84% 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 75. It follows that stock’s current price would drop -149.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -149.0% for stock’s current value.
Nabors Industries Ltd (NBR) estimates and forecasts
This year revenue growth is estimated to rise 13.13% 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 857.32M for the same. And 5 analysts are in estimates of company making revenue of 860.79M in the next quarter. Company posted 734.8M and 731.8M 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
Insiders are in possession of 4.15% of company’s total shares while institution are holding 76.84 percent of that, with stock having share float percentage of 80.17%. Investors also watch the number of corporate investors in a company very closely, which is 76.84% institutions for Nabors Industries Ltd that are currently holding shares of the company. 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 16.4481 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 8.3964 of outstanding shares, having a total worth of $55.01 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and American Century ETF Trust-Avantis U.S. Small Cap Value ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 286.86 shares of worth $8.64 million or 1.83% of the total outstanding shares. The later fund manager was in possession of 263.73 shares on May 31, 2025 , making its stake of worth around $7.94 million in the company or a holder of 1.68% of company’s stock.
