Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
As of close of business last night, Noble Corp Plc’s stock clocked out at $29.08, down -0.14% from its previous closing price of $29.12. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 3.19 million shares were traded.
Ratios:
To gain a deeper understanding of NE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $41 from $64 previously.
On December 06, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $37.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 03 ’25 when Kawaja Joey M sold 1,435 shares for $31.47 per share. The transaction valued at 45,159 led to the insider holds 113,464 shares of the business.
Barker Richard B. sold 22,813 shares of NE for $739,141 on Jan 30 ’25. The EVP and CFO now owns 281,022 shares after completing the transaction at $32.40 per share. On Jan 26 ’25, another insider, ALTING CAROLINE, who serves as the SVP, Ops. Excellence & Sust of the company, sold 1,618 shares for $33.45 each. As a result, the insider received 54,122 and left with 2,004 shares of the company.
Valuation Measures:
As of this moment, Noble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.75, and their Forward P/E ratio for the next fiscal year is 7.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 1.00.
Stock Price History:
Over the past 52 weeks, NE has reached a high of $52.15, while it has fallen to a 52-week low of $28.40. The 50-Day Moving Average of the stock is -8.44%, while the 200-Day Moving Average is calculated to be -23.05%.
Shares Statistics:
A total of 160.38M shares are outstanding, with a floating share count of 126.28M. Insiders hold about 21.26% of the company’s shares, while institutions hold 74.87% stake in the company.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Noble Corp Plc (NE) in the stock market.The consensus estimate for the next quarter is $0.62, with high estimates of $0.74 and low estimates of $0.55.
Analysts are recommending an EPS of between $5.47 and $2.03 for the fiscal current year, implying an average EPS of $2.92. EPS for the following year is $4.2, with 9.0 analysts recommending between $6.17 and $2.61.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $876.8M. It ranges from a high estimate of $908M to a low estimate of $849.2M. As of the current estimate, Noble Corp Plc’s year-ago sales were $637.08MFor the next quarter, 6 analysts are estimating revenue of $883.51M. There is a high estimate of $918M for the next quarter, whereas the lowest estimate is $862M.
A total of 9 analysts have provided revenue estimates for NE’s current fiscal year. The highest revenue estimate was $3.68B, while the lowest revenue estimate was $3.12B, resulting in an average revenue estimate of $3.45B. In the same quarter a year ago, actual revenue was $3.06BBased on 10 analysts’ estimates, the company’s revenue will be $3.68B in the next fiscal year. The high estimate is $3.86B and the low estimate is $3.3B.
