Nabors Industries (NBR) Given Daily Media Sentiment Rating of 0.07
News coverage about Nabors Industries (NYSE:NBR) has trended somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nabors Industries earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 47.4848090911464 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Investors Love This Stock?: Nabors Industries Ltd. (NBR) (bitcoinpriceupdate.review)
- Essential Things For Nabors Industries Ltd. (NYSE:NBR), Sierra Oncology, Inc. (NASDAQ:SRRA), Calix, Inc. (NYSE … (thestreetpoint.com)
- Top Loser under Investors Spotlight: Nabors Industries Ltd. (NBR) stock price closes with decline of -6.75% (topdesertsafari.com)
- Hair-Raising Facts to Know – Nabors Industries Ltd. (NYSE:NBR) (guruobserver.com)
- Monthly Low Performance: Nabors Industries Ltd. (NBR) fluctuated -2.94% (nasdaqplace.com)
NBR opened at $5.99 on Friday. The company has a market cap of $2.31 billion, a PE ratio of -3.67 and a beta of 1.58. The company has a current ratio of 2.04, a quick ratio of 1.84 and a debt-to-equity ratio of 1.24. Nabors Industries has a 1 year low of $5.32 and a 1 year high of $8.86.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 2nd. Stockholders of record on Tuesday, September 11th 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 4.01%. The ex-dividend date is Monday, September 10th. Nabors Industries’s dividend payout ratio is presently -14.72%.
A number of research analysts have recently commented on NBR shares. Morgan Stanley upgraded Nabors Industries from an “equal weight” rating to an “overweight” rating and set a $9.00 price target for the company in a report on Thursday, July 12th. Wells Fargo & Co upgraded Nabors Industries from a “market perform” rating to an “outperform” rating and set a $8.00 price target for the company in a report on Friday, June 29th. Guggenheim reiterated a “buy” rating and set a $13.00 price target on shares of Nabors Industries in a report on Wednesday, August 8th. ValuEngine upgraded Nabors Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 2nd. Finally, Piper Jaffray Companies set a $9.00 price target on Nabors Industries and gave the stock a “hold” rating in a report on Tuesday, August 7th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $9.18.
About Nabors Industries
Nabors Industries Ltd. provides drilling and drilling-related services and technologies for land-based and offshore oil and natural gas wells. It operates through five segments: U.S., Canada, International, Drilling Solutions, and Rig Technologies. The company offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services.
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