NBR Stock: According to Finviz Stock Screener, Nabors Industries Ltd. (NYSE:NBR) traded with the volume of 4.11 Million in the previous trading session. The Stock opened its session at $13.32 and closed at $13.41 by showing decrease of -0.22 percent.
Nabors Industries Ltd. has 1 year price target of $19.36. The stock gained a consensus recommendation of 1.25 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company reported its last quarter on Dec 16.
On Dec 16 Nabors Industries Ltd. (NYSE:NBR) reported its EPS in the last quarter as $-0.3/Share beating the analyst estimate of $-0.34/Share by the difference of $0.04. This showed the surprise of 11.8% in the last quarter earnings.
For the Current Quarter, 25 analysts are projecting the mean EPS to be $-0.28/share. According to their observations and findings, the stock could provide a high EPS of $-0.22/share and a Low EPS of $-0.36/share.
The 25 analysts offering 12-month price forecasts for Nabors Industries Ltd have a median target of 20.00, with a high estimate of 24.00 and a low estimate of 7.25. The median estimate represents a +49.14% increase from the last price of 13.41. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Nabors Industries Ltd. where they believe that the company has the potential to earn average revenue of $583.34 Million for the current quarter. According to their predictions High & Low revenue estimates are 609 Million and 544.1 Million respectively.
Nabors Industries Ltd. (NYSE:NBR) topped its 52-week high price of $18.4 on Jan 6, 2017 and 52-Week Low Price of $7.61 on May 19, 2016.
The Stock currently has the market capitalization of $3.77 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 4.62% and monthly volatility of 3.42% respectively.
Nabors Industries Ltd. is currently showing 21.7% EPS growth this year. The Next Year EPS growth is 105.3%, Long term annual growth estimate of 7%, Annual EPS growth past 5 years of -22.55 percent.
The Company currently has Insider ownership of 1.6 Percent and Institutional Ownership of 99.9 Percent. The Return on Assets stands at -12.3%, Return on Equity shows -29.1% and Return on Investment value is -8.5%.
Nabors Industries Ltd. Gross Margin percentage stands at 39.7% while its Operating Margin for trailing twelve month is -34.6 percent and Profit margin (ttm) is -47.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -16.04% with the 50-Day Simple Moving Average of -16.04 percent.
Currently, the company has SMA200 (200-day simple moving average) of 6.93 Percent. The Stock has YTD (year to date) performance of -17.86 percent.
Many research firms have provided their ratings on Nabors Industries Ltd. (NYSE:NBR) where SunTrust provided Buy rating on the stock on 18-Jan-17. Other firms include Credit Suisse giving Outperform rating on 4-Jan-17.
The article first appeared in topchronicle.com