Economy

Firms Fundamental Overview: Nutanix, Inc. (NASDAQ:NTNX), Nabors Industries Ltd. (NYSE:NBR)

Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in Nabors Industries Ltd. (NYSE:NBR) by 12.1% during the first quarter, Holdings Channel reports. Wells Fargo & Company MN owned approximately 0.25% of Nabors Industries worth $5,746,000 at the end of the most recent quarter. After having $-0.65 EPS previously, Editas Medicine Inc's analysts see -6.15% EPS growth.

Tortoise Capital Advisors Llc decreased Sm Energy Co (NYSE:SM) stake by 97,225 shares to 189,759 valued at $3.14 million in 2017Q2. The company has Beta Value of 1.64 and ATR value of 0.32. Highbridge Cap Mgmt Limited Liability Com holds 0.05% of its portfolio in Nabors Industries Ltd. (NYSE:NBR) for 425,499 shares. Bank of New York Mellon Corp grew its holdings in shares of Nabors Industries by 16.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 14,125,222 shares of the oil and gas company's stock worth $184,617,000 after buying an additional 3,296,758 shares during the last quarter. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Institutional investors and hedge funds own 95.71% of the company's stock. Nabors Industries Ltd. has $22 highest and $7 lowest target. (NYSE:NBR), 24 have Buy rating, 0 Sell and 7 Hold.

Nabors Industries (NYSE:NBR)'s trailing twelve month revenues are $2.25 Billion, whereas its price to sales ratio for the same period is 0.93. NBR's latest closing price was -32.11% away from the average price of 200 days while it maintained a distance of 2.60% from the 50 Day Moving Average and -5.19% away compared to its SMA 20.

Nabors Industries (NYSE:NBR) last released its earnings results on Wednesday, August 2nd.

26 analysts on average are expecting Nabors Industries Ltd.to report earnings of $-0.28 per share for the current quarter. The business had revenue of $630.50 million during the quarter, compared to analysts' expectations of $589.79 million. The Return on Investment (ROI) ratio of Nabors Industries Ltd. (NBR) is -8.5 percent. Nabors Industries's revenue for the quarter was up 21.9% on a year-over-year basis. The company's a year ago sales total was 519730.

WARNING: "FY2017 Earnings Estimate for Nabors Industries Ltd".

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend is Monday, June 12th. Nabors Industries's payout ratio is now -9.41%. Hawkins Cap Ltd Partnership reported 0.05% in Nabors Industries Ltd. (NYSE:NBR).

A number of equities research analysts recently commented on the stock. Assetmark Inc reported 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR).

The High Revenue estimate is predicted as 697200, while the Low Revenue Estimate prediction stands at 654000. The industry's and sector's high P/E for the past year is 113.68 and 31.67 respectively and low P/E ratio for the last 5 years is 6.78 for the industry and 10.26 for the Sector. The stock of Nabors Industries Ltd. (NYSE:NBR) earned "Buy" rating by Argus Research on Monday, September 21. The consensus target price is $11.21 with 5 firms rating the stock a strong buy, 13 firms rating the stock a buy, 10 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

Additionally on 10/05/17 Citigroup "Maintained" Nabors Industries (NYSE:NBR) to Buy setting price target at $9.5 and on 9/13/17 Citigroup "Maintained" the stock to Buy at $8.

Nabors Industries Ltd. owns and operates a land drilling rig fleet. The Firm is a well-known provider of offshore platform drilling rigs in the United States and multiple global markets.



Like this

loading...
loading...

Latest


12 October 2017
Q3 2017 EPS Estimates for Time Warner Inc. Raised by Analyst (TWX)
It increased, as 41 investors sold TWX shares while 376 reduced holdings. 73 funds opened positions while 283 raised stakes. Cowen and Company restated a "hold" rating and set a $107.50 price target on shares of Time Warner in a report on Thursday.

12 October 2017
Bloomberg donates $64M to fight Trump's coal agenda
Former New York Mayor Michael Bloomberg's foundation is donating $64 million to a Sierra Club program seeking to phase out coal-fired power plants and reduce planet-warming carbon emissions.

12 October 2017
Osinbajo admits approving NNPC contracts
But the NNPC dismissed the allegations as "baseless", maintaining that it followed due process in awarding contracts. The post BREAKING: Osinbajo Admits Approving Oil Contracts For NNPC appeared first on Channels Television .

12 October 2017
DJI Zenmuse X7: The First Super 35mm Camera for Aerial Cinematography
Additionally, DJI is also introducing the DJI Cinema Colour System (DCCS) with improved D-Log gamma curve and D-Gamut RGB. DJI has today unveiled a new Zenmsue camera, the X7, that is, in simple terms, an absolute monster.

12 October 2017
Royal Mail wins High court injunction preventing strike action
Staff were also considering action during the Black Friday retail sales event next month or during the festive season. Royal Mail said talks would likely take until around Christmas time to complete, or possibly longer.

12 October 2017
McLaren creates two bespoke MSO R supercars
There are some bespoke touches on the instrument cluster that show the MSO R logo, along with a plaque in the door of each auto . One very lucky customer will soon be taking delivery of two unique McLaren models , dubbed the MSO R Coupe and Spider.

12 October 2017
Stifel Nicolaus Cuts Rating On Winnebago Industries, Inc. (WGO) To "Hold"
Winnebago Industries, Inc. was downgraded to "hold" by analysts at Stifel Nicolaus. (NYSE:WGO) to report earnings on October, 12. The expected WGO's profit could reach $22.75M giving the stock 15.28 P/E in the case that $0.72 earnings per share is reported.

12 October 2017
Kylie Jenner Confirms First Child With Travis Scott?
Khloe Kardashian is now expecting her first child, while Kim Kardashian West is expecting her third through a surrogate. In latest Kylie Jenner news, the star is now remaining silent about the rumours that she is expecting her first baby.

12 October 2017
Trump says Puerto Rico can't get aid 'forever'
The mayor tweeted that Trump is "incapable of fulfilling the moral imperative to help the people of PR. Puerto Rico se levanta!" Attkisson is a conservative journalist who has repeatedly defended Trump.

12 October 2017
Trooper returns fire, shoots, injures man
Perrine says the trooper fired back at the person, who was taken to a hospital in serious condition. The trooper then remotely deployed a K-9 officer who chased after the suspect and made contact.