Nabors Industries (NBR)
(Delayed Data from NYSE)
$78.07 USD
+0.87 (1.13%)
Updated Apr 29, 2024 04:00 PM ET
After-Market: $78.06 -0.01 (-0.01%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth D Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NBR 78.07 +0.87(1.13%)
Will NBR be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for NBR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NBR
Nabors (NBR) Incurs Loss in Q1 Earnings Season, Sales Beat
Nabors Industries (NBR) Reports Q1 Loss, Tops Revenue Estimates
NBR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline
Analysts Estimate Nabors Industries (NBR) to Report a Decline in Earnings: What to Look Out for
Transocean (RIG) Up 29.3% Since Last Earnings Report: Can It Continue?
Other News for NBR
Analysts’ Opinions Are Mixed on These Energy Stocks: Chord Energy (CHRD), Baker Hughes Company (BKR) and Nabors Industries (NBR)
Nabors Industries (NBR) Receives a Rating Update from a Top Analyst
Benchmark Co. Keeps Their Hold Rating on Nabors Industries (NBR)
Nabors Industries Ltd. (NBR) Q1 2024 Earnings Call Transcript
Nabors Industries Ltd (NBR) Q1 2024 Earnings: Misses Analyst Projections Amidst Revenue Growth