Stocks Movement Analysis: Nabors Industries Ltd. (NYSE:NBR), FirstEnergy Corp. (NYSE:FE)

Nabors Industries Ltd. (NYSE:NBR)

The company announced its last quarter financial performance results on 10/25/2016. Nabors Industries Ltd. (NYSE:NBR) belongs to NA sector that surged 2.68% in value when last trading session closed at $14.54. The company has a market capitalization of $4.12 Billion. The company’s stock has a Return on Assets (ROA) of -9.6 percent, a Return on Equity (ROE) of -22.1 percent and Return on Investment (ROI) of -0.9 percent. The company reached its 52-Week high of $14.6 on Nov 23, 2016 and 52-Week low of $4.93 on Jan 20, 2016.

Earnings per share (ttm) for Nabors Industries Ltd. (NYSE:NBR) according to Finviz Data is $-3.04.

The growth estimate for Nabors Industries Ltd. (NYSE:NBR) for the current quarter is -54.5 percent. The projected growth estimate for the next quarter is -6.9 percent. The company’s stock has grown by -22.1 percent in the past 5 years. For the next 5 years, the company is expected to grow by -10 percent.

This company was Upgrade by CapitalOne on 19-Sep-16  to Overweight.

The 25 analysts offering 12-month price forecasts for Nabors Industries Ltd have a median target of 15.00, with a high estimate of 20.00 and a low estimate of 7.25. The median estimate represents a +3.16% increase from the last price of 14.54.

Financial History for Nabors Industries Ltd. (NYSE:NBR):

Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 58% percent of times. It has met expectations  2  times and missed earnings  3  times.

The consensus recommendation for Nabors Industries Ltd. (NYSE:NBR) is 1.5. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.5. In comparison, the consensus recommendation 60 days ago was at 1.53, and 90 days ago was at 1.65 respectively.

Future Expectations for Nabors Industries Ltd. (NYSE:NBR):

When the current quarter ends, Wall Street expects Nabors Industries Ltd. to have earnings per share of $-0.34.

Revenue is expected to range from 517.6 Million to 570 Million with an average of 543.08 Million.

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.

FirstEnergy Corp. (NYSE:FE):

FirstEnergy Corp. (NYSE:FE) belongs to NA sector closed its last session with a loss of -1.29 percent and closed its previous trading session at $31.49. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $-1.44. The company has the Market capitalization of $13.65 Billion. The company’s stock has a Return on Assets (ROA) of -1.2 percent, a Return on Equity (ROE) of -5.1 percent and Return on Investment (ROI) of 4.7 percent. The company reached its 52-Week high of $36.6 on Jul 25, 2016 and 52-Week low of $30.29 on Oct 12, 2016.

The growth estimate for FirstEnergy Corp. (NYSE:FE) for the current quarter is -31 percent. The projected growth estimate for the next quarter is -3.8 percent. The company’s stock has grown by -5.84 percent in the past 5 years. For the next 5 years, the company is expected to grow by -5.27 percent.

This company was Upgrade by Deutsche Bank on 25-Oct-16 to Buy.

The 17 analysts offering 12-month price forecasts for FirstEnergy Corp have a median target of 36.00, with a high estimate of 42.00 and a low estimate of 29.00. The median estimate represents a +14.32% increase from the last price of 31.49.

Financial History for FirstEnergy Corp. (NYSE:FE):

Following Earnings result, share price were DOWN 16 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 83% percent of times. It has met expectations  1 times and missed earnings  1 times.

The consensus recommendation for FirstEnergy Corp. (NYSE:FE) is 1.88. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 2.04. In comparison, the consensus recommendation 60 days ago was at 2.45, and 90 days ago was at 2.45 respectively.

Future Expectations for FirstEnergy Corp. (NYSE:FE):

When the current quarter ends, Wall Street expects FirstEnergy Corp. to have earnings per share of $0.4.

Revenue is expected to range from 3.39 Billion to 3.91 Billion with an average of 3.61 Billion.

Company Profile:

FirstEnergy Corp. is a diversified energy services holding company as the result of the merger of Ohio Edison Company and Centerior Energy Corporation. FirstEnergy companies provide electricity and natural gas services and a wide array of energy-related products and services. FirstEnergy’s four electric utility companies, Ohio Edison and its Pennsylvania Power subsidiary, The Illuminating Company and Toledo Edison, serve customers in northern and central Ohio and western Pennsylvania. (Company Press Release)