Past 3 Quarter Analysis for Nabors Industries Ltd. (NYSE:NBR)


Nabors Industries Ltd. (NYSE:NBR) moved down -1.03% and closed its last trading session at $15.39. This Oils-Energy Sector stock currently has the Market Capitalization of 4.31 Billion. The Average Volume for the stock is measured as 6.36 Million. The Stock has a 52-Week High of $18.4 and 52-Week Low of $6.22 following the dates, it touched its 52-Week High on Jan 6, 2017 and 52-Week Low on Feb 25, 2016. Currently, the Return on Assets value for the trailing twelve months is -9.6% with the Return on Equity and Return on Investment of -22.1% and -0.9% respectively. This firm currently has YTD (year to date) performance of -6.16 Percent which is not good. The Short Ratio for the stock is 3.33.

Nabors Industries Ltd. (NYSE:NBR) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-3.04. The TTM operating margin is -22.8 percent.

Nabors Industries Ltd. (NYSE:NBR) reports its Earnings on Wed 22 Feb (In 6 Days). The estimated EPS for the current quarter is said to be $-0.32. Following Earnings result, share price were DOWN 15 times out of last 28 Qtrs. The stock has added about 22.2% since it reported its last earnings. The Closing price of Nabors Industries Ltd. (NYSE:NBR) at Last Earnings was $12.72 as compared to the previous closing price of $15.55. 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 58%, The Stock Missed Earnings  3  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Nabors Industries Ltd. (NYSE:NBR) reported its previous quarter on 10/25/2016 where it reported the Actual Earnings of $-0.35. The Closing price before the company posted its earnings was $12.72. The Stock declined on the very next day of earnings and maintained its stock price at $12.23 by showing a % change of -3.85 percent from its previous closing price. The Next Day Volume after Earnings was reported as 8.9 Million. On the 7th day After Earnings Report, the stock hit its share price as $11.77 by showing -7.47% decrease from the Stock price Before Earnings were reported.

On 08/02/2016, the stock reported the EPS of $-0.26 where Analysts were projecting the EPS to be $-0.45 showing a difference of $0.19. Thus Surprise Factor was there with 42.2 percent. Before Earnings Announcement on 08/02/2016, the firm had its stock price of $8.61. And immediately on the next day after earnings announcement, the stock inclined 4.3% and closed its trading session at $8.98. On 7th Day after earnings release, Nabors Industries Ltd. (NYSE:NBR) surged to 12.54% from $8.61 to $9.69.

On 04/25/2016, Analysts were suspecting EPS of $-0.34/share where Nabors Industries Ltd. (NYSE:NBR) reported its Actual EPS of $-0.29. Thus showing a Surprise of 14.7 percent. The Closing Price of the stock before earnings was $10.22 while on the Next day the stock closed its trading session at $9.21 with a percentage change of -9.88% from the price of 10.22 before Earnings. The Stock Closing Price on the 7th day of earnings was $9.14.

Company Profile:

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 rig’s 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.