Analysts Set Expectations for Nabors Industries Ltd.’s Q1 2025 Earnings (NYSE:NBR)

Nabors Industries Ltd. (NYSE:NBR) – Equities research analysts at Zacks Research upped their Q1 2025 earnings estimates for shares of Nabors Industries in a research report issued to clients and investors on Tuesday, September 24th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings of ($1.64) per share for the quarter, up from their prior forecast of ($1.67). The consensus estimate for Nabors Industries’ current full-year earnings is ($12.47) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2025 earnings at ($0.35) EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $1.44 EPS.

Several other equities analysts have also recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $114.00 price target on shares of Nabors Industries in a report on Thursday, July 25th. Citigroup cut Nabors Industries from a “buy” rating to a “neutral” rating and lowered their price target for the company from $110.00 to $75.00 in a report on Friday, September 13th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $104.50.

Nabors Industries Price Performance

NYSE NBR opened at $61.95 on Friday. The business’s fifty day moving average price is $77.62 and its 200-day moving average price is $76.86. The stock has a market capitalization of $662.99 million, a price-to-earnings ratio of -4.49 and a beta of 2.12. The company has a debt-to-equity ratio of 5.01, a current ratio of 1.82 and a quick ratio of 1.57. Nabors Industries has a 1-year low of $59.67 and a 1-year high of $129.85.

Nabors Industries (NYSE:NBR) last announced its earnings results on Tuesday, July 23rd. The oil and gas company reported ($4.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.77) by ($2.52). The company had revenue of $742.98 million for the quarter, compared to analysts’ expectations of $737.91 million. Nabors Industries had a negative net margin of 4.73% and a negative return on equity of 28.10%. Nabors Industries’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($2.26) earnings per share.

Hedge Funds Weigh In On Nabors Industries

A number of institutional investors have recently bought and sold shares of NBR. Goldman Sachs Group Inc. increased its stake in Nabors Industries by 111.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 397,102 shares of the oil and gas company’s stock worth $32,415,000 after buying an additional 209,450 shares in the last quarter. Apollo Management Holdings L.P. purchased a new stake in Nabors Industries in the 4th quarter worth $16,620,000. Gendell Jeffrey L increased its stake in Nabors Industries by 10.1% in the 1st quarter. Gendell Jeffrey L now owns 436,442 shares of the oil and gas company’s stock worth $37,591,000 after buying an additional 40,141 shares in the last quarter. Vanguard Group Inc. increased its stake in Nabors Industries by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 819,113 shares of the oil and gas company’s stock worth $70,550,000 after buying an additional 40,078 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Nabors Industries by 42.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company’s stock worth $8,189,000 after buying an additional 34,473 shares in the last quarter. 81.92% of the stock is owned by institutional investors.

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.