What's Behind the Numbers For Nabors Industries Ltd. (NYSE:NBR)?

The company has a market capitalization of $2,580.00, a price-to-earnings ratio of -3.03 and a beta of 1.59.

Now let's take a look at how the fundamentals are stacking up for Nabors Industries (NBR). About 13.73 million shares traded or 14.56% up from the average. Credit Suisse Group set a $8.00 target price on shares of Nabors Industries and gave the stock a "buy" rating in a research report on Thursday, October 26th. It has outperformed by 15.96% the S&P500. The ROIC 5 year average is 0.061340 and the ROIC Quality ratio is 5.462016. During the same quarter in the previous year, the firm earned ($0.55) EPS.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Schwab Charles Investment Management Inc. now owns 1,663,700 shares of the oil and gas company's stock worth $11,364,000 after purchasing an additional 412,567 shares during the last quarter. About 458,136 shares traded or 91.18% up from the average. Blackbaud, Inc. (NASDAQ:BLKB) has risen 35.80% since January 18, 2017 and is uptrending. Out of 7 Wall Street analysts rating Nabors Industries, 7 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Nabors Industries Ltd. has 52-Week high of $17.92 and 52-Week Low of $5.32. On Wednesday, August 10 the stock rating was downgraded by Guggenheim to "Neutral". The rating was initiated by JMP Securities on Friday, September 16 with "Market Perform". (NASDAQ:MBFI) rating on Tuesday, January 26.

The consensus recommendation, according to Zacks Investment research, is 1.82. The firm has "Hold" rating by Keefe Bruyette & Woods given on Friday, November 3. Old West Investment Management Llc, a California-based fund reported 199,223 shares. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.18%. The company plans to initially utilize the net proceeds from the private placement offering to prepay sums presently outstanding under Nabors's commercial paper borrowings and unsecured revolving credit facility and then use cash on hand or get funds from the unsecured revolving credit facility to close company's outstanding 6.15% senior notes to be paid on February 2018 post maturity.

Bamco Inc decreased its stake in Nabors Industries Ltd (NBR) by 68.76% based on its latest 2017Q3 regulatory filing with the SEC.


Nabors Industries (NYSE:NBR)'s trailing twelve month revenues are $2.4 Billion, whereas its price to sales ratio for the same period is 0.97.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. As per Wednesday, April 5, the company rating was upgraded by Instinet. Bb&T Corp owns 179,733 shares or 0.13% of their U.S. portfolio. New York State Common Retirement Fund has 569,100 shares for 0.01% of their portfolio.

Relative Strength Index (RSI) for Nabors Industries Ltd. (NBR) is at 80.77. Apart From a charge related to the tax bill, the company stated earnings per diluted share of 0.84 US dollar, higher than market expectations of 0.77 dollar. Its up 0.01, from 0.82 in 2017Q2. It worsened, as 45 investors sold NBR shares while 87 reduced holdings. The MF Rank of Nabors Industries Ltd. (NYSE:NBR) is 12939. 1832 Asset Mgmt Ltd Partnership owns 1.99 million shares. If the individual investor decides that they are going to be managing their own money, they may be looking for a proper place to start. Moreover, Great West Life Assurance Can has 0.01% invested in Blackbaud, Inc.

Analysts await Abbott Laboratories (NYSE:ABT) to report earnings on January, 24 before the open. SunTrust maintained the shares of PPL in report on Tuesday, December 26 with "Buy" rating. Insiders own 4.10% of the company's stock. 1,105 shares valued at $93,682 were sold by Nash Sarah E on Tuesday, August 22. Covington Cap Management holds 2,800 shares. (NASDAQ:BLKB). Comerica Bancorporation reported 0.03% of its portfolio in Blackbaud, Inc. The stock of CVS Health Corporation (NYSE:CVS) earned "Outperform" rating by RBC Capital Markets on Wednesday, August 5. The low EPS estimate is $1.13, while the high EPS estimate is $1.5. After $0.72 actual earnings per share reported by MB Financial, Inc. for the previous quarter, Wall Street now forecasts -9.72 % negative EPS growth. An M-Score lower than -2.22 indicates that the company will not be a manipulator. Therefore 76% are positive. The rating was maintained by BMO Capital Markets on Thursday, July 13 with "Hold". Jefferies maintained the stock with "Hold" rating in Wednesday, October 18 report.

The company now has an insider ownership of 9.8 Percent and Institutional ownership of 90.4 Percent.

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