Q3 2025 EPS Estimates for Nabors Industries Ltd. Reduced by Zacks Research (NYSE:NBR)

Nabors Industries Ltd. (NYSE:NBR) – Investment analysts at Zacks Research lowered their Q3 2025 earnings per share 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 expects that the oil and gas company will post earnings of $1.02 per share for the quarter, down from their prior forecast of $1.03. The consensus estimate for Nabors Industries’ current full-year earnings is ($12.47) per share.

Nabors Industries (NYSE:NBR) last posted its quarterly earnings results on Tuesday, July 23rd. The oil and gas company reported ($4.29) EPS for the quarter, missing the consensus estimate 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%. The company’s revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($2.26) earnings per share.

Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $114.00 target price on shares of Nabors Industries in a research note on Thursday, July 25th. Citigroup lowered shares of Nabors Industries from a “buy” rating to a “neutral” rating and decreased 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 assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $104.50.

Nabors Industries Stock Performance

NYSE:NBR opened at $65.52 on Thursday. Nabors Industries has a 12-month low of $59.90 and a 12-month high of $129.85. The company has a quick ratio of 1.57, a current ratio of 1.82 and a debt-to-equity ratio of 5.01. The firm has a market capitalization of $625.72 million, a PE ratio of -4.74 and a beta of 2.12. The firm has a 50-day moving average price of $78.51 and a 200 day moving average price of $77.17.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its position 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 purchasing an additional 209,450 shares during the period. Apollo Management Holdings L.P. purchased a new stake in Nabors Industries in the fourth quarter worth approximately $16,620,000. Gendell Jeffrey L increased its holdings in Nabors Industries by 10.1% during the first quarter. Gendell Jeffrey L now owns 436,442 shares of the oil and gas company’s stock valued at $37,591,000 after buying an additional 40,141 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Nabors Industries by 5.1% during the 1st quarter. Vanguard Group Inc. now owns 819,113 shares of the oil and gas company’s stock valued at $70,550,000 after purchasing an additional 40,078 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Nabors Industries by 42.8% during the second quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company’s stock valued at $8,189,000 after buying an additional 34,473 shares during the last quarter. 81.92% of the stock is currently owned by hedge funds and other 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.