Nabors Industries Ltd. (NBR) EPS Estimated At $-0.33

September 22, 2017 - By Vivian Currie

 Nabors Industries Ltd. (NBR) EPS Estimated At $ 0.33
Investors sentiment decreased to 1.09 in Q2 2017. Its down 0.13, from 1.22 in 2017Q1. It worsened, as 50 investors sold Nabors Industries Ltd. shares while 92 reduced holdings. 48 funds opened positions while 107 raised stakes. 269.17 million shares or 6.35% less from 287.43 million shares in 2017Q1 were reported.
California State Teachers Retirement System owns 511,431 shares. The New York-based Etrade Management Limited Liability Corp has invested 0% in Nabors Industries Ltd. (NYSE:NBR). Assetmark stated it has 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR). Public Employees Retirement Association Of Colorado holds 59,013 shares or 0% of its portfolio. Virginia Retirement Et Al invested 0.01% in Nabors Industries Ltd. (NYSE:NBR). Goldman Sachs Group holds 0.01% or 3.95M shares in its portfolio. Proshare Advisors Limited Company accumulated 0% or 45,576 shares. Utah Retirement invested 0.01% in Nabors Industries Ltd. (NYSE:NBR). Sg Americas Secs Lc stated it has 0.02% in Nabors Industries Ltd. (NYSE:NBR). Moreover, Pnc Svcs Group Incorporated Incorporated has 0% invested in Nabors Industries Ltd. (NYSE:NBR). Us Bancshares De has 0% invested in Nabors Industries Ltd. (NYSE:NBR). Mraz Amerine & Associate Inc holds 10,400 shares or 0.03% of its portfolio. Moreover, Riverhead Cap Mngmt Llc has 0.01% invested in Nabors Industries Ltd. (NYSE:NBR) for 17,240 shares. Jane Street Grp Limited Liability accumulated 43,264 shares or 0% of the stock. Amalgamated Savings Bank holds 54,437 shares.

Since May 4, 2017, it had 2 insider purchases, and 0 sales for $388,982 activity.

Analysts expect Nabors Industries Ltd. (NYSE:NBR) to report $-0.33 EPS on October, 24.They anticipate $0.02 EPS change or 5.71 % from last quarter’s $-0.35 EPS. After having $-0.38 EPS previously, Nabors Industries Ltd.’s analysts see -13.16 % EPS growth. The stock decreased 1.77% or $0.14 during the last trading session, reaching $7.78. About 6.26 million shares traded. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since September 22, 2016 and is uptrending. It has outperformed by 15.96% the S&P500.

Nabors Industries Ltd. (NYSE:NBR) Ratings Coverage

Among 30 analysts covering Nabors Industries Ltd. (NYSE:NBR), 24 have Buy rating, 0 Sell and 6 Hold. Therefore 80% are positive. Nabors Industries Ltd. had 90 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained Nabors Industries Ltd. (NYSE:NBR) rating on Tuesday, June 6. Jefferies has “Hold” rating and $11.5000 target. The rating was upgraded by Jefferies to “Hold” on Tuesday, January 12. Citigroup maintained it with “Neutral” rating and $10.50 target in Monday, October 5 report. On Friday, March 18 the stock rating was maintained by Citigroup with “Buy”. Guggenheim upgraded it to “Buy” rating and $1000 target in Tuesday, August 15 report. The rating was upgraded by Credit Suisse on Wednesday, January 4 to “Outperform”. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, June 21. As per Monday, August 10, the company rating was maintained by BMO Capital Markets. On Friday, August 18 the stock rating was upgraded by Seaport Global to “Buy”. The firm earned “Buy” rating on Wednesday, September 13 by Citigroup.

Nabors Industries Ltd. owns and operates a land drilling rig fleet. The company has market cap of $2.22 billion. The Firm is a well-known provider of offshore platform drilling rigs in the United States and multiple international markets. It currently has negative earnings. The Firm conducts its Drilling & Rig Services business through four divisions: U.S.

More news for Nabors Industries Ltd. (NYSE:NBR) were recently published by: Zacks.com, which released: “Nabors (NBR) Down 15.2% Since Earnings Report: Can It Rebound?” on September 11, 2017. Seekingalpha.com‘s article titled: “Nabors Industries And Its Charms” and published on September 06, 2017 is yet another important article.

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