In last trading session, Nabors Industries Ltd (NYSE:NBR) saw 0.37 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $29.83 trading at -$0.88 or -2.87% at ring of the bell on the day assigns it a market valuation of $468.31M. That closing price of NBR’s stock is at a discount of -255.21% from its 52-week high price of $105.96 and is indicating a premium of 15.82% from its 52-week low price of $25.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.43 million shares which gives us an average trading volume of 468.78K 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 3.00. 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.
Nabors Industries Ltd (NYSE:NBR) trade information
Upright in the red during last session for losing -2.87%, in the last five days NBR remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $29.83 price level, adding 9.17% to its value on the day. Nabors Industries Ltd’s shares saw a change of -47.82% in year-to-date performance and have moved 2.33% in past 5-day. Nabors Industries Ltd (NYSE:NBR) showed a performance of 3.68% in past 30-days. Number of shares sold short was 1.51 million shares which calculate 3.26 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 60.23% 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 -151.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -151.42% for stock’s current value.
Nabors Industries Ltd (NBR) estimates and forecasts
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 3.91% of company’s total shares while institution are holding 76.96 percent of that, with stock having share float percentage of 80.10%. Investors also watch the number of corporate investors in a company very closely, which is 76.96% 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 Dec 31, 2024 , the former fund manager was holding 286.86 shares of worth $8.56 million or 1.83% of the total outstanding shares. The later fund manager was in possession of 256.6 shares on Apr 30, 2025 , making its stake of worth around $7.65 million in the company or a holder of 1.63% of company’s stock.
