That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

• As an investor, you want to buy stocks with the highest probability of success.
• They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
• The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020.
• More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
• MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
• The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.

The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split. Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety review stan weinstein’s secrets for profiting in bull and bear markets and consistency with uncompromised performance Nabors’ RZR equipped… Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. MarketBeat has just released its list of 20 stocks that Wall Street analysts hate.

Nabors connects Corva to its universal rig controls and automation platform, SmartROS™ Apps built and developed in Corva can monitor and control any rig equipped with SmartROS™ Enables exploration and… We’d like to share more about how we work and what drives our day-to-day business. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

About NBR

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company marketed approximately 300 rigs for land-based drilling operations; and 29 rigs for offshore platform drilling operations. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

• Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
• Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally.
• Here’s why the lumps these energy services providers took could linger.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Data are provided ‘as is’ for informational ameritrade forex broker purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Nabors Industries and its competitors with MarketBeat’s FREE daily newsletter.

Unveiling Nabors Industries (NBR)’s Value: Is It Really Priced Right? A Comprehensive Guide

Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 7 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Nabors Industries in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” NBR shares.

These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. A Wall Street analyst raising his price target can do wonders for a stock price, especially when there’s high short interest. Things instaforex review aren’t as bad as expected for oil and gas companies…yet. II, a blank-check company sponsored by oil services company Nabors Industries Ltd. NBR, +3.07%, filed to raise up to $300 million in an initial public offering on the Na…

Expert Ratings for Nabors Industries

To see all exchange delays and terms of use please see Barchart’s disclaimer. 172 employees have rated Nabors Industries Chief Executive Officer Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among the company’s employees.

Analysts Are Neutral on Top NA Stocks: Origin Energy Limited (OGFGF), Nabors Industries (NBR)

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

International Petroleum

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. According to 9 analysts, the average rating for NBR stock is “Hold.” The 12-month stock price forecast is $153.89, which is an increase of 30.03% from the latest price. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Nabors Industries shares reverse split on the morning of Thursday, April 23rd 2020. The 1-50 reverse split was announced on Monday, April 20th 2020.

Here’s why the lumps these energy services providers took could linger. The energy sector still has a lot of growth left to price in. The move this week by OPEC+ countries to cut oil production might only be the first of a group of cuts that will raise prices for consumers while rewarding investors. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.

A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBR, but not buy additional shares or sell existing shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.