A month has gone by since the last earnings report for Nabors Industries (NBR). Shares have lost about 5.7% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Nabors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision flatlined during the past month.
The consensus estimate has shifted -76.03% due to these changes.
VGM Scores
At this time, Nabors has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Nabors has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
Nabors belongs to the Zacks Oil and Gas - Drilling industry. Another stock from the same industry, Transocean (RIG), has gained 20.7% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Transocean reported revenues of $906 million in the last reported quarter, representing a year-over-year change of +18.1%. EPS of -$0.10 for the same period compares with -$0.03 a year ago.
Transocean is expected to post a loss of $0.01 per share for the current quarter, representing a year-over-year change of +93.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -150%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Transocean. Also, the stock has a VGM Score of D.
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Nabors Industries Ltd. (NBR): Free Stock Analysis Report Transocean Ltd. (RIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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