Analysts Set Expectations for Nabors Industries Ltd.’s Q1 2025 Earnings (NYSE:NBR)

Nabors Industries Ltd. (NYSE:NBR) – Equities research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for Nabors Industries in a note issued to investors on Tuesday, September 24th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of ($1.64) for the quarter, up from their previous estimate of ($1.67). The consensus estimate for Nabors Industries’ current full-year earnings is ($12.47) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2025 earnings at ($0.35) EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $1.44 EPS.

Several other research firms also recently commented on NBR. Royal Bank of Canada reiterated a “sector perform” rating and issued a $114.00 price objective on shares of Nabors Industries in a report on Thursday, July 25th. Citigroup downgraded Nabors Industries from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $110.00 to $75.00 in a report on Friday, September 13th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $104.50.

Nabors Industries Stock Up 1.6 %

NBR opened at $61.95 on Friday. The company has a market cap of $662.99 million, a P/E ratio of -4.49 and a beta of 2.12. The business’s 50-day moving average price is $77.62 and its 200-day moving average price is $76.86. The company has a current ratio of 1.82, a quick ratio of 1.57 and a debt-to-equity ratio of 5.01. Nabors Industries has a 12 month low of $59.67 and a 12 month high of $129.85.

Nabors Industries (NYSE:NBR) last released its quarterly earnings results on Tuesday, July 23rd. The oil and gas company reported ($4.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.77) by ($2.52). Nabors Industries had a negative net margin of 4.73% and a negative return on equity of 28.10%. The firm had revenue of $742.98 million for the quarter, compared to analysts’ expectations of $737.91 million. During the same quarter in the previous year, the business earned ($2.26) EPS. The company’s revenue for the quarter was down 4.6% on a year-over-year basis.

Institutional Trading of Nabors Industries

Several large investors have recently modified their holdings of NBR. Dimensional Fund Advisors LP grew its stake in shares of Nabors Industries by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 295,256 shares of the oil and gas company’s stock worth $24,102,000 after purchasing an additional 13,324 shares during the last quarter. Trexquant Investment LP boosted its position in Nabors Industries by 280.7% during the 4th quarter. Trexquant Investment LP now owns 14,087 shares of the oil and gas company’s stock valued at $1,150,000 after acquiring an additional 10,387 shares in the last quarter. Capstone Investment Advisors LLC bought a new stake in Nabors Industries during the 4th quarter valued at approximately $411,000. Quadrature Capital Ltd boosted its position in Nabors Industries by 75.1% during the 4th quarter. Quadrature Capital Ltd now owns 13,564 shares of the oil and gas company’s stock valued at $1,108,000 after acquiring an additional 5,818 shares in the last quarter. Finally, Elm Ridge Management LLC boosted its position in Nabors Industries by 17.6% during the 4th quarter. Elm Ridge Management LLC now owns 30,374 shares of the oil and gas company’s stock valued at $2,479,000 after acquiring an additional 4,553 shares in the last quarter. 81.92% of the stock is owned by 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.