Zacks Research Expects Lower Earnings for Nabors Industries

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research decreased their FY2025 earnings per share (EPS) estimates for Nabors Industries in a report released on Wednesday, September 10th. Zacks Research analyst Team now forecasts that the oil and gas company will earn ($14.50) per share for the year, down from their previous forecast of ($14.21). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q4 2025 earnings at ($2.07) EPS, Q1 2026 earnings at ($2.21) EPS, Q2 2026 earnings at ($1.80) EPS, Q3 2026 earnings at ($1.62) EPS, Q4 2026 earnings at ($1.61) EPS, FY2026 earnings at ($7.24) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($1.07) EPS and FY2027 earnings at ($1.02) EPS.

NBR has been the subject of a number of other research reports. Morgan Stanley dropped their price objective on Nabors Industries from $75.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, May 16th. Barclays restated an “underweight” rating and issued a $28.00 price target (down previously from $53.00) on shares of Nabors Industries in a report on Monday, May 19th. Piper Sandler restated an “underweight” rating and issued a $32.00 price target (up previously from $30.00) on shares of Nabors Industries in a report on Thursday, August 14th. Royal Bank Of Canada lifted their price target on Nabors Industries from $45.00 to $47.00 and gave the company a “sector perform” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. lowered their price target on Nabors Industries from $38.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, May 28th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $43.00.

Nabors Industries Stock Down 0.3%

NBR opened at $42.38 on Friday. The firm has a market cap of $667.06 million, a P/E ratio of -3.01 and a beta of 1.60. The business’s fifty day simple moving average is $34.78 and its 200 day simple moving average is $33.43. Nabors Industries has a 52 week low of $23.27 and a 52 week high of $86.10. The company has a quick ratio of 1.63, a current ratio of 1.79 and a debt-to-equity ratio of 4.17.

Nabors Industries (NYSE:NBR) last posted its earnings results on Tuesday, July 29th. The oil and gas company reported ($2.71) earnings per share for the quarter, missing the consensus estimate of ($2.05) by ($0.66). The firm had revenue of $832.79 million during the quarter, compared to analyst estimates of $857.98 million. Nabors Industries had a negative net margin of 3.51% and a negative return on equity of 35.99%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the company posted ($4.29) EPS.

Hedge Funds Weigh In On Nabors Industries

Several hedge funds and other institutional investors have recently bought and sold shares of NBR. Public Employees Retirement System of Ohio purchased a new stake in Nabors Industries during the 4th quarter worth approximately $36,000. Ameritas Investment Partners Inc. increased its holdings in Nabors Industries by 58.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 533 shares during the last quarter. GAMMA Investing LLC increased its holdings in Nabors Industries by 520.2% during the 1st quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company’s stock worth $45,000 after purchasing an additional 900 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Nabors Industries by 3,866.7% during the 1st quarter. Russell Investments Group Ltd. now owns 1,309 shares of the oil and gas company’s stock worth $55,000 after purchasing an additional 1,276 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in Nabors Industries by 47.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 3,231 shares of the oil and gas company’s stock worth $91,000 after purchasing an additional 1,044 shares during the last quarter. 81.92% of the stock is owned by institutional investors and hedge funds.

About Nabors Industries

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.