Noble Plc Stock Today
| NE Stock | USD 47.89 0.87 1.78% |
Performance9 of 100
| Odds Of DistressLess than 6
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Noble Plc is trading at 47.89 as of the 16th of April 2024, a -1.78 percent down since the beginning of the trading day. The stock's lowest day price was 47.77. Noble Plc has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Noble plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 26th of March 1990 |
Noble Corporation plc, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. Noble Corporation plc was founded in 1921 and is based in Altrincham, the United Kingdom. Noble Corp operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. The company has 142.82 M outstanding shares of which 7.29 M shares are now sold short in the market by investors with about 6.26 days to cover all shorted shares. More on Noble plc
Moving together with Noble Stock
| 0.95 | DO | Diamond Offshore Drilling Financial Report 13th of May 2024 | PairCorr |
| 0.71 | HP | Helmerich and Payne Financial Report 24th of April 2024 | PairCorr |
| 0.65 | NBR | Nabors Industries Financial Report 22nd of April 2024 | PairCorr |
| 0.85 | PDS | Precision Drilling Financial Report 24th of April 2024 | PairCorr |
| 0.93 | RIG | Transocean Financial Report 6th of May 2024 | PairCorr |
Moving against Noble Stock
| 0.73 | NC | NACCO Industries | PairCorr |
| 0.48 | EP | Empire Petroleum Corp | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Noble Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Noble Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Noble Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Julie Robertson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Energy Equipment & Services, Oil & Gas Drilling, Energy, NYSE Composite, Dow Jones Oil, Oil And Gas, Petroleum and Natural Gas, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Noble Plc report their recommendations after researching Noble Plc's financial statements, talking to executives and customers, or listening in on Noble Plc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Noble plc. The Noble consensus assessment is calculated by taking the average forecast from all of the analysts covering Noble Plc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Noble Plc's historical financial statements, Noble plc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Noble plc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Noble Plc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Noble Plc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Noble Plc's financial leverage. It provides some insight into what part of Noble Plc's total assets is financed by creditors.
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Noble plc (NE) is traded on New York Stock Exchange in USA. It is located in 13135 Dairy Ashford, Sugar Land, TX, United States, 77478 and employs 3,600 people. Noble Plc is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 6.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Noble Plc's market, we take the total number of its shares issued and multiply it by Noble Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Noble plc is active under Energy Equipment & Services sector as part of Energy industry. The entity has 142.82 M outstanding shares of which 7.29 M shares are now sold short in the market by investors with about 6.26 days to cover all shorted shares.
Noble plc reports about 194.14 M in cash with 574.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.39.
Check Noble Plc Probability Of Bankruptcy
Ownership AllocationNoble plc maintains a total of 142.82 Million outstanding shares. The majority of Noble Plc outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Noble plc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Noble plc. Please pay attention to any change in the institutional holdings of Noble Plc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Noble Ownership Details
Noble Stock Price Odds Analysis
What are Noble Plc's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Noble Plc jumping above the current price in 90 days from now is about 17.15%. The Noble plc probability density function shows the probability of Noble Plc stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1237. This indicates Noble plc market returns are highly-sensitive to returns on the market. As the market goes up or down, Noble Plc is expected to follow. Additionally, noble plc has an alpha of 0.0588, implying that it can generate a 0.0588 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Noble Plc to move above the current price in 90 days from now is about 17.15 (This Noble plc probability density function shows the probability of Noble Stock to fall within a particular range of prices over 90 days) .
Noble Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Noble Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Noble Plc's 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 Noble Plc's value.| Instituion | Recorded On | Shares | |
| Robotti Robert | 2023-12-31 | 268.7 K | |
| Dnb Nor Asset Management (asia) | 2023-12-31 | 50.9 K | |
| Public Employees Retirt Assn Of Colorado | 2023-12-31 | 11.8 K |
Noble Plc Historical Income Statement
Noble plc Income Statement is one of the three primary financial statements used for reporting Noble's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Noble plc revenue and expense. Noble Plc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Noble Plc's Income Before Tax is projected to decrease significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 506 M, whereas Interest Expense is forecasted to decline to about 57 M. View More FundamentalsNoble Stock Against Markets
Picking the right benchmark for Noble Plc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Noble Plc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Noble Plc is critical whether you are bullish or bearish towards Noble plc at a given time. Please also check how Noble Plc's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Noble Plc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Noble Plc Corporate Directors
Noble Plc corporate directors refer to members of a Noble Plc board of directors. The board of directors generally takes responsibility for the Noble Plc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Noble Plc's board members must vote for the resolution. The Noble Plc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Julie Edwards | Independent Director | Profile | |
| Michael Cawley | Lead Independent Director | Profile | |
| Roger Jenkins | Independent Director | Profile | |
| Mary Ricciardello | Independent Director | Profile |
How to buy Noble Stock?
Before investing in Noble Plc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Noble Plc. To buy Noble Plc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Noble Plc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Noble Plc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Noble plc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Noble plc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Noble plc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Noble Stock please use our How to Invest in Noble Plc guide.
Already Invested in Noble plc?
The danger of trading Noble plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Noble Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Noble Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Noble plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Noble plc is a strong investment it is important to analyze Noble Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Noble Plc's future performance. For an informed investment choice regarding Noble Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc's 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Noble Stock analysis
When running Noble Plc's price analysis, check to measure Noble Plc's 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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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Is Noble Plc's 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 Noble Plc. If investors know Noble 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 Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.123 | Dividend Share 0.7 | Earnings Share 3.32 | Revenue Per Share 17.79 | Quarterly Revenue Growth 0.04 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's 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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's 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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's 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.