Nabors Industries Stock Z Score
NBR Stock | USD 74.23 3.87 5.50% |
Nabors | Z Score |
Nabors Industries Company Z Score Analysis
Nabors Industries' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
Nabors Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Nabors Industries is extremely important. It helps to project a fair market value of Nabors Stock properly, considering its historical fundamentals such as Z Score. Since Nabors Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nabors Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nabors Industries' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
Based on the company's disclosures, Nabors Industries has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.
Nabors Industries Institutional Holders
Institutional Holdings refers to the ownership stake in Nabors Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nabors Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nabors Industries' value.Shares | Amvescap Plc. | 2023-12-31 | 167.2 K | Contrarius Investment Management Ltd | 2023-12-31 | 140.6 K | American Century Companies Inc | 2023-12-31 | 137.5 K | Two Sigma Investments Llc | 2023-12-31 | 137.2 K | Tejara Capital Ltd | 2023-12-31 | 132.9 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 113.1 K | Northern Trust Corp | 2023-12-31 | 101.7 K | Two Sigma Advisers, Llc | 2023-12-31 | 92.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 77.9 K | Blackrock Inc | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 794.2 K |
Nabors Fundamentals
Return On Equity | -0.0158 | ||||
Return On Asset | 0.0343 | ||||
Profit Margin | (0.03) % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 3.75 B | ||||
Shares Outstanding | 9.54 M | ||||
Shares Owned By Insiders | 5.14 % | ||||
Shares Owned By Institutions | 75.35 % | ||||
Number Of Shares Shorted | 1.03 M | ||||
Price To Earning | (2.50) X | ||||
Price To Book | 2.30 X | ||||
Price To Sales | 0.25 X | ||||
Revenue | 3.01 B | ||||
Gross Profit | 987.76 M | ||||
EBITDA | 959.22 M | ||||
Net Income | 49.9 M | ||||
Cash And Equivalents | 451.02 M | ||||
Cash Per Share | 45.15 X | ||||
Total Debt | 3.15 B | ||||
Debt To Equity | 2.03 % | ||||
Current Ratio | 1.73 X | ||||
Book Value Per Share | 31.20 X | ||||
Cash Flow From Operations | 637.86 M | ||||
Short Ratio | 4.72 X | ||||
Earnings Per Share | (14.42) X | ||||
Price To Earnings To Growth | (0.68) X | ||||
Target Price | 106.75 | ||||
Number Of Employees | 12 K | ||||
Beta | 2.35 | ||||
Market Capitalization | 708.29 M | ||||
Total Asset | 5.28 B | ||||
Retained Earnings | (1.89 B) | ||||
Working Capital | 431.7 M | ||||
Current Asset | 1.48 B | ||||
Current Liabilities | 1.01 B | ||||
Five Year Return | 3.99 % | ||||
Net Asset | 5.28 B |
About Nabors Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nabors Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nabors Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nabors Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nabors Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nabors Industries' short interest history, or implied volatility extrapolated from Nabors Industries options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Nabors Industries Piotroski F Score and Nabors Industries Valuation analysis. To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Nabors Stock analysis
When running Nabors Industries' price analysis, check to measure Nabors Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
CEOs Directory Screen CEOs from public companies around the world |
Is Nabors Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nabors Industries. If investors know Nabors will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.42) | Revenue Per Share 323.098 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0343 | Return On Equity (0.02) |
The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.