Is Noble Plc Stock a Good Investment?
Noble Plc Investment Advice | NE |
- Examine Noble Plc's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Noble Plc's leadership team and their track record. Good management can help Noble Plc navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Energy Equipment & Services space and any emerging trends that could impact Noble Plc's business and its evolving consumer preferences.
- Compare Noble Plc's performance and market position to its competitors. Analyze how Noble Plc is positioned in terms of product offerings, innovation, and market share.
- Check if Noble Plc pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Noble Plc's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Noble plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Noble plc is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Noble Plc Stock
Researching Noble Plc's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.21. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Noble plc has Price/Earnings To Growth (PEG) ratio of 0.01. The entity last dividend was issued on the 5th of December 2024. The firm had 1144:1000 split on the 29th of August 2007.
To determine if Noble Plc is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Noble Plc's research are outlined below:
| Noble plc generated a negative expected return over the last 90 days | |
| Noble plc has a strong financial position based on the latest SEC filings | |
| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Aesthetic Surgical Images Has Been Recognized in the Best of Omaha Awards |
Noble Plc Quarterly Cost Of Revenue |
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Noble Plc uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Noble plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Noble Plc's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Noble Plc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Noble Plc's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-04-15 | 2004-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2000-04-26 | 2000-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2000-02-03 | 1999-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-04-21 | 1999-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1997-04-23 | 1997-03-31 | 0.1 | 0.09 | -0.01 | 10 | ||
1996-04-24 | 1996-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2023-05-03 | 2023-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2017-05-04 | 2017-03-31 | -0.19 | -0.17 | 0.02 | 10 |
Know Noble Plc's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Noble Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Noble plc backward and forwards among themselves. Noble Plc's institutional investor refers to the entity that pools money to purchase Noble Plc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Robotti Robert | 2024-06-30 | 0.0 |
Noble Plc's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 5.68 B.Market Cap |
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Noble Plc's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.12 | 0.10 | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.12 | 0.12 |
Determining Noble Plc's profitability involves analyzing its financial statements and using various financial metrics to determine if Noble Plc is a good buy. For example, gross profit margin measures Noble Plc's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Noble Plc's profitability and make more informed investment decisions.
Please note, the presentation of Noble Plc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Noble Plc's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Noble Plc's management manipulating its earnings.
Evaluate Noble Plc's management efficiency
Noble plc has Return on Asset (ROA) of 0.0596 % which means that for every $100 of assets, it generated a profit of $0.0596. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1177 %, which means that it produced $0.1177 on every 100 dollars invested by current stockholders. Noble Plc's management efficiency ratios could be used to measure how well Noble Plc manages its routine affairs as well as how well it operates its assets and liabilities. At present, Noble Plc's Return On Assets are projected to slightly decrease based on the last few years of reporting. At present, Noble Plc's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 301 M, whereas Net Tangible Assets are forecasted to decline to about 2.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 28.34 | 19.06 | |
| Tangible Book Value Per Share | 28.26 | 19.03 | |
| Enterprise Value Over EBITDA | 7.54 | 8.01 | |
| Price Book Value Ratio | 1.70 | 1.78 | |
| Enterprise Value Multiple | 7.54 | 8.01 | |
| Price Fair Value | 1.70 | 1.78 | |
| Enterprise Value | 10.5 B | 11.1 B |
Noble plc benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0565 | Forward Dividend Yield 0.0565 | Forward Dividend Rate 2 | Beta 0.997 |
Basic technical analysis of Noble Stock
As of the 24th of November, Noble Plc secures the Risk Adjusted Performance of 0.01, downside deviation of 2.39, and Mean Deviation of 1.86. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Noble plc, as well as the relationship between them. Please verify Noble plc treynor ratio, and the relationship between the standard deviation and downside variance to decide if Noble plc is priced some-what accurately, providing market reflects its recent price of 35.41 per share. Given that Noble plc has jensen alpha of (0.22), we recommend you to check Noble Plc's last-minute market performance to make sure the company can sustain itself at a future point.Noble Plc's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Noble Plc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Noble Plc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Noble Plc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Noble Plc's Outstanding Corporate Bonds
Noble Plc issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Noble plc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Noble bonds can be classified according to their maturity, which is the date when Noble plc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Noble Plc's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Noble Plc's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.01 | |||
| Market Risk Adjusted Performance | 0.0101 | |||
| Mean Deviation | 1.86 | |||
| Semi Deviation | 2.35 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 25103.4 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.48 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.0E-4 | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.99 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 5.52 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 1.15 | |||
| Kurtosis | 4.79 |
| Risk Adjusted Performance | 0.01 | |||
| Market Risk Adjusted Performance | 0.0101 | |||
| Mean Deviation | 1.86 | |||
| Semi Deviation | 2.35 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 25103.4 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.48 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.0E-4 | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.99 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 5.52 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 1.15 | |||
| Kurtosis | 4.79 |
Consider Noble Plc's intraday indicators
Noble Plc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Noble Plc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Noble Plc Corporate Filings
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 8th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
| 6th of November 2024 Other Reports | ViewVerify | |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Noble Stock media impact
Far too much social signal, news, headlines, and media speculation about Noble Plc that are available to investors today. That information is available publicly through Noble media outlets and privately through word of mouth or via Noble internal channels. However, regardless of the origin, that massive amount of Noble data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Noble Plc news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Noble Plc relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Noble Plc's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Noble Plc alpha.
Noble Plc Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Noble Plc can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Noble Plc Corporate Directors
| Julie Edwards | Independent Director | Profile | |
| Roger Jenkins | Independent Director | Profile | |
| Jon Marshall | Independent Director | Profile | |
| Gordon Hall | Lead Independent Director | Profile |
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 closely tied 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.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Energy Equipment & Services space 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 (0.63) | Dividend Share 1.7 | Earnings Share 3.4 | Revenue Per Share 18.385 | Quarterly Revenue Growth 0.138 |
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.
In summary, please note that there is a difference between Noble Plc's value and its price, as these two are different measures arrived at by various 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.