Comparing Calculations

Nabors Industries (NYSE:NBR) shares traded 1.45% up during most recent session to reach at the closing price of $7. The stock exchanged hands 10.85 Million shares versus average trading capacity of 9.66 Million shares, yielding a market cap of $2.19 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.13 within the next 52-weeks. The mean target projections are based on 26 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Nabors Industries (NYSE:NBR) high price target of $14 and with a conservative view have low price target of $7.

Stephens & Co. “Initiates Coverage On” Nabors Industries (NYSE:NBR) in a research note issued to investors on 1/10/18 to Equal-Weight with price target of $8.

Additionally on 11/08/17 Bank of America “Maintained” Nabors Industries (NYSE:NBR) to Buy setting price target at $8 and on 11/08/17 Jefferies “Upgrades” the stock to Buy at $0. Furthermore on 10/27/17 UBS “Maintained” the stock to Buy at $10.

On the other hand the company has Relative Strength Index (RSI 14) of 47.58 along with Average True Range (ATR 14) of 0.35, Consequently Nabors Industries (NYSE:NBR)’s weekly and monthly volatility is 4.00%, 4.79% respectively. The company’s beta value is at 1.72.

In terms of Buy, Sell or Hold recommendations, Nabors Industries (NYSE:NBR) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Nabors Industries (NYSE:NBR)’s minimum EPS for the current quarter is at $-0.34 and can go high up to $-0.21. The consensus mean EPS for the current quarter is at $-0.28 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.49 earnings per share for the same quarter during last year.

Previously Nabors Industries (NYSE:NBR) reported $-0.4 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.34 by $-0.06. The company posted an earnings surprise of -17.6%.

Nabors Industries (NYSE:NBR)’s revenue estimates for the current quarter are $754.31 Million according to 19 number of analysts, for the current quarter the company has high revenue estimates of $807 Million in contradiction of low revenue estimates of $682.3 Million. For the current year the company’s revenue estimates are $3.26 Billion compared to low analyst estimates of $2.99 Billion and high estimates of $3.46 Billion according to 22 number of analysts.

Currently Nabors Industries (NYSE:NBR)’s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 90.1%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.2%.

Nabors Industries (NYSE:NBR) 52-week high price stands at $14.28 and low price stands at $5.32, its price distance from 52-week high is -50.98% while its distance from 52-week low price is 31.58%. The stock hit its 52-week high on 04/12/17, and 52-week low on 10/27/17.

Nabors Industries (NYSE:NBR)’s trailing twelve month revenues are $2.56 Billion, whereas its price to sales ratio for the same period is 0.86. Its book value per share for the most recent quarter is $10.16 while its price to book ratio for the same period is 0.69, as for as the company’s cash per share for the most recent quarter is $1.17, however its price to cash per share ratio for the same period is 6. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.