Nabors Industries Stock Today
| NBR Stock | USD 75.10 0.20 0.27% |
Performance0 of 100
| Odds Of DistressLess than 41
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Nabors Industries is selling at 75.10 as of the 18th of April 2024; that is 0.27 percent increase since the beginning of the trading day. The stock's lowest day price was 73.21. Nabors Industries has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Nabors Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 28th of February 1991 |
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda. Nabors Industries operates under Oil And Gas Drilling And Exploration classification in the United States and is traded on New York Stock Exchange. The company has 9.47 M outstanding shares of which 883.31 K shares are now shorted by investors with about 4.16 days to cover. More on Nabors Industries
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Nabors Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nabors Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nabors Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Anthony Petrello | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Oil And Gas (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | NBR | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Energy Equipment & Services, Oil & Gas Drilling, Energy, NYSE Composite, SP Small-Cap 600, Dow Jones Oil, PHLX Oil Service, Oil And Gas, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Nabors Industries report their recommendations after researching Nabors Industries' financial statements, talking to executives and customers, or listening in on Nabors Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nabors Industries. The Nabors consensus assessment is calculated by taking the average forecast from all of the analysts covering Nabors Industries. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Nabors Industries' liquidity, profitability, solvency, and operating efficiency, Nabors Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Nabors Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nabors Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nabors Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nabors Industries' financial leverage. It provides some insight into what part of Nabors Industries' total assets is financed by creditors.
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Nabors Industries (NBR) is traded on New York Stock Exchange in USA. It is located in Crown House, Hamilton, Bermuda, HM 08 and employs 12,000 people. Nabors Industries is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 709.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nabors Industries's market, we take the total number of its shares issued and multiply it by Nabors Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nabors Industries runs under Energy Equipment & Services sector within Energy industry. The entity has 9.47 M outstanding shares of which 883.31 K shares are now shorted by investors with about 4.16 days to cover.
Nabors Industries has about 451.02 M in cash with 637.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 45.15.
Check Nabors Industries Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Nabors Industries is $709.46 Million. The majority of Nabors Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nabors Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nabors Industries. Please pay attention to any change in the institutional holdings of Nabors Industries as this could imply that something significant has changed or is about to change at the company. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Nabors Ownership Details
Nabors Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Nabors Industries jumping above the current price in 90 days from now is under 95%. The Nabors Industries probability density function shows the probability of Nabors Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.0436. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nabors Industries will likely underperform. Additionally, nabors Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nabors Industries to move above the current price in 90 days from now is under 95 (This Nabors Industries probability density function shows the probability of Nabors Stock to fall within a particular range of prices over 90 days) .
Nabors Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nabors Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nabors Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nabors Industries' value.| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2023-12-31 | 167.2 K | |
| Contrarius Investment Management Ltd | 2023-12-31 | 140.6 K | |
| American Century Companies Inc | 2023-12-31 | 137.5 K | |
| Two Sigma Investments Llc | 2023-12-31 | 137.2 K | |
| Tejara Capital Ltd | 2023-12-31 | 132.9 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 113.1 K | |
| Northern Trust Corp | 2023-12-31 | 101.7 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 92.2 K | |
| Voloridge Investment Management, Llc | 2023-09-30 | 80.1 K | |
| Blackrock Inc | 2023-12-31 | 1.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 794.2 K |
Nabors Industries Historical Income Statement
Nabors Industries Income Statement is one of the three primary financial statements used for reporting Nabors's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nabors Industries revenue and expense. Nabors Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nabors Industries' Discontinued Operations is relatively stable compared to the past year. As of 04/18/2024, Non Operating Income Net Other is likely to grow to about 23.7 M, while Interest Expense is likely to drop slightly above 130.6 M. View More FundamentalsNabors Stock Against Markets
Picking the right benchmark for Nabors Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nabors Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nabors Industries is critical whether you are bullish or bearish towards Nabors Industries at a given time. Please also check how Nabors Industries' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Nabors Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nabors Industries Corporate Directors
Nabors Industries corporate directors refer to members of a Nabors Industries board of directors. The board of directors generally takes responsibility for the Nabors Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nabors Industries' board members must vote for the resolution. The Nabors Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dag Skattum | Director | Profile | |
| John Kotts | Independent Director | Profile | |
| Tanya Beder | Independent Director | Profile | |
| Nick Swyka | Director of Corporate Development & Investor Relations | Profile |
How to buy Nabors Stock?
Before investing in Nabors Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nabors Industries. To buy Nabors Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nabors Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nabors Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nabors Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nabors Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nabors Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nabors Stock please use our How to Invest in Nabors Industries guide.
Already Invested in Nabors Industries?
The danger of trading Nabors Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nabors Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nabors Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nabors Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nabors Industries is a strong investment it is important to analyze Nabors Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nabors Industries' future performance. For an informed investment choice regarding Nabors Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running Nabors Industries' price analysis, check to measure Nabors Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.
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Is Nabors Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nabors Industries. If investors know Nabors will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.49) | Revenue Per Share 328.2 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0337 | Return On Equity 0.04 |
The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.