With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.34 million shares. During the session, the Oil & Gas Drilling company that operates in wider Energy sector, reached to the highest price of $69.2 whereas the lowest price it dropped to was $66.51. The 52-week range on NBR shows that it touched its highest point at $105.96 and its lowest point at $50.15 during that stretch. It currently has a 1-year price target of $86.38. NBR paid its most recent dividend on 1583884800, while the ex-dividend date for that was 1583884800. Beta for the stock currently stands at 2.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NBR was up-trending over the past week, with a rise of 6.36%, but this was up by 8.08% over a month. Three-month performance dropped to -11.51% while six-month performance fell -21.65%. The stock lost -9.40% in the past year, while it has gained 16.69% so far this year. A look at the trailing 12-month EPS for NBR yields -17.57 with Next year EPS estimates of -2.75. For the next quarter, that number is -1.55. This implies an EPS growth rate of -29.47% for this year and 83.29% for next year.
Float and Shares Shorts:
At present, 9.55 million NBR shares are outstanding with a float of 8.41 million shares on hand for trading. On 2024-12-31, short shares totaled 1.41 million, which was 1473.9999 higher than short shares on 1732838400. In addition to Mr. Anthony G. Petrello J.D. as the firm’s Chairman, President & CEO, Mr. William J. Restrepo serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.74697 of NBR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, NBR reported revenue of $731805000.0 and operating income of $62486000.0. The EBITDA in the recently reported quarter was $226610000.0 and diluted EPS was -$6.86.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NBR since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NBR analysts setting a high price target of 115.0 and a low target of 68.0, the average target price over the next 12 months is 86.375. Based on these targets, NBR could surge 72.39% to reach the target high and rise by 1.93% to reach the target low. Reaching the average price target will result in a growth of 29.48% from current levels.
Analysts have provided yearly estimates in a range of -$16.11472 being high and -$16.80606 being low. For NBR, this leads to a yearly average estimate of -$16.44302. Based on analyst estimates, the high estimate for the next quarter is -$0.46 and the low estimate is -$0.46. The average estimate for the next quarter is thus -$0.46.
