Nabors Industries Ltd. (NYSE:NBR) moved down -0.53% and closed its last trading session at $13.05. This Oils-Energy Sector stock currently has the Market Capitalization of 3.72 Billion. The Average Volume for the stock is measured as 6.93 Million. The Stock has a 52-Week High of $13.62 and 52-Week Low of $4.93 following the dates, it touched its 52-Week High on Oct 19, 2016 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is -11.2% with the Return on Equity and Return on Investment of -25.3% and -0.9% respectively. This firm currently has YTD (year to date) performance of 56.14 Percent which is awesome. The Short Ratio for the stock is 2.14.
Nabors Industries Ltd. (NYSE:NBR) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-3.55. The TTM operating margin is -25.8 percent.
Nabors Industries Ltd. (NYSE:NBR) is due to report its Earnings on Tue 25 Oct (In 2 Days). The estimated EPS for the current quarter is said to be $-0.33. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has added about 51% since it reported its last earnings. The Closing price of Nabors Industries Ltd. (NYSE:NBR) at Last Earnings was $8.64 as compared to the previous closing price of $13.12. The Predicted Move on the 7th day after Nabors Industries Ltd. (NYSE:NBR) will release its earnings at about 6%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Nabors Industries Ltd. (NYSE:NBR) beats earnings by 66%, The Stock Missed Earnings 2 times and has met earnings 2 times.
We will discuss the past Quarters Earnings below:
Nabors Industries Ltd. (NYSE:NBR) reported its previous quarter on 08/02/2016 where it reported the Actual Earnings of $-0.26. The Closing price before the company posted its earnings was $8.64. The Stock surged on the very next day of earnings and maintained its stock price at $9.02 by showing a % change of 4.4 percent from its previous closing price. The Next Day Volume after Earnings was reported as 11.39 Million. On the 7th day After Earnings Report, the stock hit its share price as $9.72 by showing 12.5% increase from the Stock price Before Earnings were reported.
On 04/25/2016, the stock reported the EPS of $-0.29 where Analysts were projecting the EPS to be $-0.34 showing a difference of $0.05. Thus Surprise Factor was there with 14.7 percent. Before Earnings Announcement on 04/25/2016, the firm had its stock price of $10.25. And immediately on the next day after earnings announcement, the stock declined -9.85% and closed its trading session at $9.24. On 7th Day after earnings release, Nabors Industries Ltd. (NYSE:NBR) dropped to -10.54% from $10.25 to $9.17.
On 02/16/2016, Analysts were suspecting EPS of $-0.38/share where Nabors Industries Ltd. (NYSE:NBR) reported its Actual EPS of $-0.22. Thus showing a Surprise of 42.1 percent. The Closing Price of the stock before earnings was $6.18 while on the Next day the stock closed its trading session at $7.03 with a percentage change of 13.75% from the price of 6.18 before Earnings. The Stock Closing Price on the 7th day of earnings was $6.75.
Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services. It offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services; and patented steering systems and rig instrumentation software systems, including ROCKIT directional drilling system that provides data collection services to oil and gas exploration and service companies, and RIGWATCH software, which monitors a rigs real-time performance and daily reporting for drilling operations. The company also manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment; and offers well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, data collection, and other support services. As of December 31, 2015, it marketed approximately 430 rigs for land-based drilling operations in the United States, Canada, and approximately 20 other countries worldwide; 42 rigs for offshore drilling operations in the United States and internationally; and 6 jackup units. The company was founded in 1968 and is headquartered in Hamilton, Bermuda.