The Statistics Don't Lie: Nabors Industries Ltd. (NYSE:NBR) Earnings Screen

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These analysts have also projected a Low Estimate of $-0.4/share and a High Estimate of $-0.25/share. Citigroup Maintains the company's stock to Buy on 10/05/16 by setting a price target of $14.

Shares of Nabors Industries Ltd. (NYSE:NBR) traded down 3.21% during midday trading on Monday, reaching $15.68. The company has 1 year Price Target of $55.18. It has beaten earnings-per-share estimates 58.% of the time in its last 12 earnings reports. The consensus rating is 2.1, suggesting the market has given up on the stock. In the last month the stock has moved in price -10.84%, with a one year change of 121.94%. The difference between the actual and expected EPS is $0.05 a share with a surprise factor of 4.3%. The Moving Average SMA50 is -7.39% while SMA200 is 27.44%. Similarly, the company has Return on Assets of 11.3 percent, Return on Equity of 22.7 percent and Return on Investment of 18.1 Percent. The TTM operating margin is -22.8 percent. The latest initiating coverage report came from SunTrust on Jan 18, 2017.

In an overview of the current analyst recommendations, Buy count is 19 and Overweight is 3 while the number of analysts recommending Sell and Underweight are 1 and 1, respectively. Riverhead Capital Management LLC's holdings in Nabors Industries were worth $138,000 at the end of the most recent quarter. The estimated EPS for the current quarter is said to be $-0.32. This represents a $0.24 annualized dividend and a yield of 1.53%. Nabors conducts oil, gas and geothermal land drilling operations in the US and internationally.

Nabors Industries Ltd. (NYSE:NBR) Price to Earnings (P/E) ratio is 0.

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The buoyancy in the outlook of Nabors Industries Ltd. (NBR) is getting weaker by the somewhat negative sentiment (2.10 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Strong Buy. The median estimate represents a +28.62% increase from the last price of 15.55. Revenues hit $519.73M in the September 2017 quarter, which was below the consensus $541.31M projection.

12/07/2016 - Nabors Industries Ltd. was downgraded to "equal weight" by analysts at Stephens. The company has the market capitalization of $4.35 Billion.

Nabors Industries Ltd. closed its last trading session at $16.03 with the loss of -2.99%. Current price level places the company's stock about -16.36% from the 52-week high and 160.82% away from the 52-week low. Stock exchanged hands with the total volume of 4.21 Million shares, as contrast to its average volume of 3.26 Million shares. Given that liquidity is king in short-term, NBR is a stock with 279.83 million shares outstanding that normally trades 9.5% of its float. This shows a surprise factor of -2.9 percent. The stock is performing -6.16% year to date. On 7th Day after earnings release, Nabors Industries Ltd. (NYSE:NBR) surged to 12.54% from $8.61 to $9.69. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.35%. (LPI). The consensus rating is 2.5, suggesting the market has given up on the stock.

The Company now has ROA (Return on Assets) of -9.6 percent, Return on Equity (ROE) of -22.1 Percent and Return on Investment (ROI) of -0.9% with Gross margin of 40 percent and Operating & Profit margin of -22.8% and -35.2% respectively.