Nabors Industries Ltd (NBR) Stock Forecast & Predictions

Nabors Industries Ltd NBR: $108.5

, , , . | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.nabors.com

  • Market Cap$0.90B
  • Change (52 Weeks)91.00%
  • Low (52 Weeks)$55.01
  • Nabors Industries Ltd (NBR) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Nabors Industries Ltd (NBR) is based on 17 Institutional Analyst Ratings where 5.88% are on Strong Buy, 0.00% on Moderate Buy, 47.06% remains on Hold, 11.76% are on Moderate Sell and 35.29% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended NBR stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Nabors Industries Ltd.

    Nabors Industries Ltd (NBR) Stock Price Prediction By Analysts


    HighLowAverage
    $158.55$70.70$110.47
    $110.471.81% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for NBR set by the institutional analysts is $110.47 where High Estimate is $158.55, Median $117.3 and Low $70.70.

    The average price target for NBR by Institutional Analysts is $110.47, which is 1.81% Upside from the current price. So according to the Institutional Analysts, NBR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Nabors Industries Ltd (NBR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BarclaysEqual-WeightMaintained
    Evercore ISI GroupIn-LineUpgraded
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupSellDowngraded
    Goldman SachsSellDowngraded
    BarclaysEqual-WeightUpgraded
    AltaCorp CapitalUnderperformDowngraded
    Morgan StanleyUnderweightDowngraded
    CitigroupNeutralMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    BarclaysUnderweightDowngraded
    Capital OneEqual-WeightDowngraded
    Morgan StanleyEqual-WeightDowngraded
    B of A SecuritiesUnderperformDowngraded
    Stephens & Co.Equal-WeightMaintained
    BernsteinUnderperformInitiated
    Wells FargoUnderweightMaintained
    Credit SuisseNeutralDowngraded
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightInitiated
    RBC CapitalSector PerformDowngraded
    Wells FargoUnderperformDowngraded
    Bank of AmericaNeutralDowngraded
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralInitiated
    Cowen & Co.Market PerformDowngraded
    SusquehannaNeutralDowngraded
    Raymond JamesMarket PerformDowngraded
    JP MorganUnderweightDowngraded
    BMO CapitalMarket PerformMaintained
    CitigroupBuyMaintained
    Societe GeneraleBuyUpgraded
    Morgan StanleyOverweightUpgraded
    CitigroupBuyMaintained
    Wells FargoOutperformUpgraded
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Stephens & Co.Equal-WeightInitiated
    JefferiesBuyUpgraded
    Bank of AmericaBuyMaintained
    UBSBuyMaintained
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformMaintained
    Deutsche BankHoldInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Societe GeneraleHoldInitiated
    Seaport GlobalBuyUpgraded
    GuggenheimBuyUpgraded
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoMarket PerformDowngraded
    GuggenheimNeutralDowngraded
    Seaport GlobalNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    NomuraBuyUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    Credit SuisseOutperformUpgraded
    BernsteinOutperformInitiated
    CitigroupBuyMaintained
    Capital One FinancialOverweightUpgraded
    DA DavidsonBuyInitiated
    CitigroupBuyMaintained
    JefferiesHoldMaintained
    Stephens & Co.OverweightUpgraded
    Credit SuisseNeutralDowngraded
    Raymond JamesStrong BuyUpgraded
    GMP SecuritiesBuyUpgraded
    Cowen & Co.OutperformMaintained
    Morgan StanleyOverweightMaintained
    NomuraNeutralInitiated
    Scotia Howard WeilSector OutperformUpgraded
    CitigroupBuyMaintained
    Goldman Sachs
    SusquehannaPositiveMaintained
    Credit SuisseOutperformMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldUpgraded
    GMP SecuritiesHoldInitiated
    Credit SuisseOutperformUpgraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    KLR GroupBuyInitiated
    CitigroupBuyUpgraded
    GuggenheimBuyUpgraded
    Deutsche BankBuyMaintained
    SusquehannaPositiveMaintained
    CitigroupNeutralMaintained
    Credit SuisseNeutralMaintained
    CitigroupNeutralMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupNeutralInitiated
    JP MorganOverweightInitiated
    CLSAUnderperformDowngraded
    BMO CapitalMarket PerformDowngraded
    Seaport GlobalNeutralUpgraded
    Goldman SachsBuyUpgraded
    JefferiesUnderweightMaintained
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    Wells FargoOutperformUpgraded
    JefferiesUnderperformMaintained
    JefferiesUnderperformMaintained
    JefferiesUnderperformDowngraded
    Bank of AmericaNeutralDowngraded
    Seaport GlobalReduceDowngraded
    Raymond JamesStrong BuyUpgraded
    SunTrust Robinson HumphreyNeutralInitiated
    JefferiesBuyMaintained
    Wells FargoMarket PerformDowngraded
    JefferiesBuyMaintained
    Cowen & Co.OutperformUpgraded
    Wells FargoOutperformInitiated
    KeyBancBuyInitiated
    UBSNeutralMaintained
    Raymond JamesOutperformMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Raymond JamesOutperformUpgraded
    GuggenheimNeutralUpgraded
    Clarksons PlatouOutperformInitiated
    JefferiesBuyUpgraded
    BernsteinMarket PerformDowngraded
    GuggenheimSellDowngraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    Credit SuisseNeutralUpgraded
    Morgan StanleyOverweightUpgraded
    CitigroupBuyMaintained
    Stephens & Co.Equal-WeightInitiated
    RBC CapitalOutperformUpgraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Capital One FinancialNeutralDowngraded
    Goldman SachsBuyMaintained
    CLSAUnderperformDowngraded
    JefferiesHoldMaintained
    JefferiesHoldUpgraded
    UBSNeutralMaintained
    JefferiesUnderperformMaintained
    Goldman SachsBuyUpgraded
    Deutsche BankBuyMaintained
    JefferiesUnderperformDowngraded
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    Canaccord GenuityHoldMaintained
    Morgan StanleyEqual-WeightDowngraded
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    Global Hunter SecuritiesNeutralDowngraded
    MacquarieNeutralDowngraded
    Canaccord GenuityHoldDowngraded
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    GuggenheimNeutralDowngraded
    GuggenheimBuyUpgraded
    UBSNeutralMaintained
    Pritchard Capital PartnersBuyMaintained

    Nabors Industries Ltd (NBR) Stock Earning Per Share (EPS) Forecast / Estimate


    $-10.794
    The average consensus EPS for NBR is $-10.794 with a high estimate of $-9.030 and Low of $-13.548 for the period 2022-03-31 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-15.79$-13.43422021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$-12.28382021-12-31
    $-15.79$-13.43422021-09-30
    $-18.25$-17.63992021-06-30
    $-19.47$-21.9942021-03-31
    $-28.72$-24.12992020-12-31
    $-22.09$-24.35972020-09-30
    $-13.32$-24.87942020-06-30
    $-19.86$-15.53482020-03-31
    $-38.5$-13.62742019-12-31
    $-18.5$-11.03882019-09-30
    $-30.5$-11.49882019-06-30
    $-18$-13.1782019-03-31
    $-27.5$-8.49512018-12-31
    $-14.5$-10.21362018-09-30
    $-21$-12.28262018-06-30
    $-14.5$-14.32532018-03-31
    $-17$-17.23572017-12-31
    $-21$-16.93112017-09-30
    $-19$-17.78912017-06-30
    $-24.5$-18.22092017-03-31
    $-15$-16.97512016-12-31
    $-17.5$-16.98572016-09-30
    $-17.5$-22.62052016-06-30
    $-14.5$-17.00992016-03-31
    $-11$-19.18652015-12-31
    $-1$-6.91092015-09-30
    $-7$-4.56122015-06-30
    $10$1.74932015-03-31
    $16.5$19.70362014-12-31
    $19.5$18.25022014-09-30
    $10.5$11.66552014-06-30
    $7.5$7.28972014-03-31
    $13$10.2052013-12-31
    $10$9.48192013-09-30
    $4$4.42782013-06-30
    $25.5$14.11022013-03-31
    $15$14.51022012-12-31
    $21$18.05172012-09-30
    $19$19.2872012-06-30
    $32.5$25.23692012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).