Analyst Buzz: Nabors Industries Ltd. (NYSE:NBR)

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Nabors Industries Ltd. (NYSE:NBR) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Nabors Industries Ltd. (NYSE:NBR) lost -4.34 Percent and closed its previous trading session at $5.95. The stock traded with the average Volume of 10.38 Million at the end of last session.

Nabors Industries Ltd. (NYSE:NBR) has the Market Capitalization of 1.61 Billion. The Stock has its 52-week High of $18.40 and 52-Week Low of $ 5.32 and it touched its 52-week high on 01/06/17 and 52-Week Low on 10/27/17.

The company reported its last earnings Actual EPS of $-0.42/share. While, the analyst predicted that the company could provide an EPS of $-0.34/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.08/share which shows an Earnings Surprise of -23.5 Percent.

Several analysts are forecasting growth estimate of Nabors Industries Ltd. for the current quarter to be -10%. Their projections for the Next Quarter growth is 44.9 percent. While for the Next 5 years, the company could expect a growth of 7% per annum, whereas in the past Five years Nabors Industries Ltd. (NYSE:NBR) showed a growth of -8.66 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated Nabors Industries Ltd. (NYSE:NBR) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.31% where SMA50 and SMA200 are -9.66% and -32.98% respectively.

The company shows its Return on Assets (ROA) value of -9.8%. The Return on Equity (ROE) value stands at -25.6%. While it’s Return on Investment (ROI) value is -8.6%.

Nabors Industries Ltd. (NYSE:NBR) currently has a Weekly Volatility of 5.46% percent while its Monthly Volatility is at 4.57% percent. While talking about Performance of the Stock, Nabors Industries Ltd. currently has a Weekly performance of 4.39%, monthly performance percentage is -4.49 percent, Quarterly performance is -14.27 percent, 6 months performance shows a percent value of -25.72% and Yearly Performance is -65.14 percent.

Company Profile:

Nabors Industries, Inc. is one of the largest land drilling contractors.  Nabors conducts oil, gas and geothermal land drilling operations in the U.S. and internationally.  Nabors also is one of the largest land well-servicing and workover contractors in the United States.  To further supplement its primary business, it offers a number of ancillary well-site services, including oilfield management, engineering, transportation, construction, maintenance, well logging and other support services, in selected domestic and international markets.

 

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