These ratios are important while doing valuation of the company or the shares of the company. The stock's quarterly performance represents optimistic momentum of 0.67 percent. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Nabors Industries by 38.7% in the 2nd quarter. BlackRock Inc. now owns 24,813,903 shares of the oil and gas company's stock worth $324,317,000 after acquiring an additional 24,486,309 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in Nabors Industries by 128.3% in the fourth quarter.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Morgan Stanley grew its holdings in shares of Nabors Industries by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 14,125,222 shares of the oil and gas company's stock worth $184,617,000 after buying an additional 3,296,758 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Nabors Industries by 2.2% in the 1st quarter. Institutional investors and hedge funds own 95.71% of the company's stock. These analysts have also projected a Low Estimate of $-0.4/share and a High Estimate of $-0.24/share. (NYSE:NBR), 24 have Buy rating, 0 Sell and 6 Hold.
Nabors Industries (NYSE:NBR)'s trailing twelve month revenues are $2.25 Billion, whereas its price to sales ratio for the same period is 0.93. The firm's 50-day moving average is $11.01 and its 200-day moving average is $14.09.
Nabors Industries Ltd. (NBR) stock price fell -41.92 percent over the past one year, while decreased -47.04 percent during the past 6 months.
26 analysts on average are expecting Nabors Industries Ltd.to report earnings of $-0.28 per share for the current quarter. The firm had revenue of $630.50 million for the quarter, compared to the consensus estimate of $589.79 million. The Return on Investment (ROI) ratio of Nabors Industries Ltd. (NBR) is -8.5 percent.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 5th. The company has market cap of $113.91 million.
On average, equities research analysts predict that Nabors Industries Ltd. will post ($1.49) EPS for the current year. The ex-dividend date of this dividend is Monday, June 12th. Nabors Industries's dividend payout ratio (DPR) is presently -9.41%.
08/18/2017 - Nabors Industries Ltd. was upgraded to "buy" by analysts at Seaport Global Securities. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since October 11, 2016 and is uptrending.
Deutsche Bank "Initiates Coverage On" Nabors Industries (NYSE:NBR) in a research note issued to investors on 10/10/17 to Hold with price target of $9. Nabors Industries Ltd. had 93 analyst reports since August 6, 2015 according to SRatingsIntel. Howard Weil maintained Nabors Industries Ltd. (NYSE:NBR) on Tuesday, November 15 with "Sector Outperform" rating.
09/05/2017 - Nabors Industries Ltd. had its "outperform" rating reiterated by analysts at Sanford C. Bernstein.
Some buy side analysts are also providing their Analysis on Nabors Industries Ltd., where 7 analysts have rated the stock as Strong buy, 12 analysts have given a Buy signal, 8 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Price Target plays a critical role when it comes to the analysis of a Stock.
While taking a look at financials, we can look at a number of key indicators about Nabors Industries Ltd. (NBR) . The Company is a provider of offshore platform drilling rigs in the United States and multiple worldwide markets. The Firm conducts its Drilling & Rig Services business through four divisions: U.S.