NBR
Price
$79.33
Change
-$2.96 (-3.60%)
Updated
Feb 23, 6:59 PM EST
59 days until earnings call
NE
Price
$43.34
Change
-$0.86 (-1.95%)
Updated
Feb 23, 6:59 PM EST
71 days until earnings call
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Analysis and predictions NBR vs NE

Header iconNBR vs NE Comparison
Open Charts NBR vs NEBanner chart's image
Nabors Industries
Price$79.33
Change-$2.96 (-3.60%)
Volume$37.39K
CapitalizationN/A
Noble
Price$43.34
Change-$0.86 (-1.95%)
Volume$702.54K
CapitalizationN/A
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NBR vs NE Comparison Chart

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NBRDaily Signal changed days agoGain/Loss if shorted
 
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NEDaily Signal changed days agoGain/Loss if shorted
 
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VS
NBR vs. NE commentary
Feb 25, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NBR is a Sell and NE is a StrongBuy.

COMPARISON
Comparison
Feb 25, 2024
Stock price -- (NBR: $79.18 vs. NE: $43.32)
Brand notoriety: NBR and NE are both not notable
Both companies represent the Contract Drilling industry
Current volume relative to the 65-day Moving Average: NBR: 71% vs. NE: 158%
Market capitalization -- NBR: $750M vs. NE: $6.18B
NBR [@Contract Drilling] is valued at $750M. NE’s [@Contract Drilling] market capitalization is $6.18B. The market cap for tickers in the [@Contract Drilling] industry ranges from $6.18B to $0. The average market capitalization across the [@Contract Drilling] industry is $1.67B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NBR’s FA Score shows that 0 FA rating(s) are green whileNE’s FA Score has 1 green FA rating(s).

  • NBR’s FA Score: 0 green, 5 red.
  • NE’s FA Score: 1 green, 4 red.
According to our system of comparison, NE is a better buy in the long-term than NBR.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NBR’s TA Score shows that 2 TA indicator(s) are bullish while NE’s TA Score has 5 bullish TA indicator(s).

  • NBR’s TA Score: 2 bullish, 8 bearish.
  • NE’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, NE is a better buy in the short-term than NBR.

Price Growth

NBR (@Contract Drilling) experienced а -7.04% price change this week, while NE (@Contract Drilling) price change was +0.09% for the same time period.

The average weekly price growth across all stocks in the @Contract Drilling industry was -2.09%. For the same industry, the average monthly price growth was -1.61%, and the average quarterly price growth was -7.29%.

Reported Earning Dates

NBR is expected to report earnings on Apr 24, 2024.

NE is expected to report earnings on May 06, 2024.

Industries' Descriptions

@Contract Drilling (-2.09% weekly)

The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for NBR with price predictions.
OPEN
A.I.dvisor published
a Summary for NE with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NE($6.19B) has a higher market cap than NBR($750M). NBR YTD gains are higher at: -3.001 vs. NE (-10.050). NBR has higher annual earnings (EBITDA): 960M vs. NE (728M). NBR has more cash in the bank: 1.07B vs. NE (245M). NE has less debt than NBR: NE (586M) vs NBR (3.15B). NBR has higher revenues than NE: NBR (3.01B) vs NE (2.57B).
NBRNENBR / NE
Capitalization750M6.19B12%
EBITDA960M728M132%
Gain YTD-3.001-10.05030%
P/E RatioN/A12.03-
Revenue3.01B2.57B117%
Total Cash1.07B245M437%
Total Debt3.15B586M537%
FUNDAMENTALS RATINGS
NBR vs NE: Fundamental Ratings
NBR
NE
OUTLOOK RATING
1..100
5050
VALUATION
overvalued / fair valued / undervalued
1..100
82
Overvalued
42
Fair valued
PROFIT vs RISK RATING
1..100
1005
SMR RATING
1..100
9352
PRICE GROWTH RATING
1..100
8459
P/E GROWTH RATING
1..100
10091
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

NE's Valuation (42) in the null industry is somewhat better than the same rating for NBR (82) in the Contract Drilling industry. This means that NE’s stock grew somewhat faster than NBR’s over the last 12 months.

NE's Profit vs Risk Rating (5) in the null industry is significantly better than the same rating for NBR (100) in the Contract Drilling industry. This means that NE’s stock grew significantly faster than NBR’s over the last 12 months.

NE's SMR Rating (52) in the null industry is somewhat better than the same rating for NBR (93) in the Contract Drilling industry. This means that NE’s stock grew somewhat faster than NBR’s over the last 12 months.

NE's Price Growth Rating (59) in the null industry is in the same range as NBR (84) in the Contract Drilling industry. This means that NE’s stock grew similarly to NBR’s over the last 12 months.

NE's P/E Growth Rating (91) in the null industry is in the same range as NBR (100) in the Contract Drilling industry. This means that NE’s stock grew similarly to NBR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
NBRNE
RSI
ODDS (%)
Bearish Trend 3 days ago
88%
Bullish Trend 3 days ago
78%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
88%
Bullish Trend 3 days ago
80%
Momentum
ODDS (%)
Bearish Trend 3 days ago
86%
Bearish Trend 3 days ago
80%
MACD
ODDS (%)
Bullish Trend 3 days ago
74%
Bullish Trend 3 days ago
81%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
85%
Bearish Trend 3 days ago
80%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
86%
Bearish Trend 3 days ago
75%
Advances
ODDS (%)
Bullish Trend 10 days ago
81%
Bullish Trend 4 days ago
77%
Declines
ODDS (%)
Bearish Trend 5 days ago
83%
Bearish Trend 6 days ago
80%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
80%
Bullish Trend 3 days ago
90%
Aroon
ODDS (%)
Bearish Trend 3 days ago
83%
Bearish Trend 3 days ago
68%
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NBRDaily Signal changed days agoGain/Loss if shorted
 
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NEDaily Signal changed days agoGain/Loss if shorted
 
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NBR and

Correlation & Price change

A.I.dvisor indicates that over the last year, NBR has been closely correlated with HP. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if NBR jumps, then HP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NBR
1D Price
Change %
NBR100%
-3.79%
HP - NBR
86%
Closely correlated
-2.48%
PTEN - NBR
82%
Closely correlated
-2.28%
PDS - NBR
73%
Closely correlated
-1.25%
RIG - NBR
61%
Loosely correlated
-3.11%
BORR - NBR
61%
Loosely correlated
-4.17%
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