Noble Plc Stock Analysis

NE Stock  USD 34.70  0.32  0.93%   
Noble plc is undervalued with Real Value of 41.54 and Target Price of 62.11. The main objective of Noble Plc stock analysis is to determine its intrinsic value, which is an estimate of what Noble plc is worth, separate from its market price. There are two main types of Noble Plc's stock analysis: fundamental analysis and technical analysis.
The Noble Plc stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Noble Plc's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Noble Stock Analysis Notes

About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.18. 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. 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. It employs 1800 people. To find out more about Noble plc contact Julie Robertson at 281 276 6100 or learn more at https://www.noblecorp.com.

Noble Plc Quarterly Total Revenue

800.55 Million

Noble plc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Noble Plc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Noble plc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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
On 26th of September 2024 Noble Plc paid $ 0.5 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Aesthetic Surgical Images Has Been Recognized in the Best of Omaha Awards

Noble plc Upcoming and Recent Events

26th of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Noble Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2004-04-15
2004-03-310.10.110.0110 
2000-04-26
2000-03-310.090.10.0111 
2000-02-03
1999-12-310.070.080.0114 
View All Earnings Estimates

Noble Plc Environmental, Social, and Governance (ESG) Scores

Noble Plc's ESG score is a quantitative measure that evaluates Noble Plc's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Noble Plc's operations that may have significant financial implications and affect Noble Plc's stock price as well as guide investors towards more socially responsible investments.

Noble Plc Thematic Classifications

In addition to having Noble Plc stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Oil And Gas Idea
Oil And Gas
Oil And Gas drilling, production, pipelines, and equipment
Petroleum and Natural Gas Idea
Petroleum and Natural Gas
USA Equities from Petroleum and Natural Gas industry as classified by Fama & French

Noble Stock Institutional Investors

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 Robert2024-06-30
0.0
Note, although Noble Plc's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Noble Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 5.51 B.

Noble Profitablity

The company has Net Profit Margin (PM) of 0.19 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.24 %, which signifies that for every $100 of sales, it has a net operating income of $0.24.
Last ReportedProjected 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 

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 ReportedProjected 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 Value10.5 B11.1 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
0.0582
Operating Margin
0.2419
Profit Margin
0.1895
Forward Dividend Yield
0.0582
Beta
0.997

Technical Drivers

As of the 22nd of November, Noble Plc secures the Standard Deviation of 2.54, risk adjusted performance of (0.01), and Mean Deviation of 1.84. 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 mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Noble plc is priced some-what accurately, providing market reflects its recent price of 34.7 per share. Given that Noble plc has information ratio of (0.06), 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 Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Noble Plc middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Noble plc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Noble plc 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 Outstanding 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.

Noble Plc Predictive Daily 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
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F4
12th 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
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8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
18th of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
F4
4th of October 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
5th of September 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify

Noble Plc Forecast Models

Noble Plc's time-series forecasting models are one of many Noble Plc's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Noble Plc's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Noble Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Noble Plc prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Noble shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Noble Plc. By using and applying Noble Stock analysis, traders can create a robust methodology for identifying Noble entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.20  0.21 
Operating Profit Margin 0.22  0.23 
Net Profit Margin 0.19  0.20 
Gross Profit Margin 0.29  0.36 

Current Noble Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Noble analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Noble analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
62.11Strong Buy11Odds
Noble plc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Noble analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Noble stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Noble plc, talking to its executives and customers, or listening to Noble conference calls.
Noble Analyst Advice Details

Noble Stock Analysis Indicators

Noble plc stock analysis indicators help investors evaluate how Noble Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Noble Plc shares will generate the highest return on investment. By understating and applying Noble Plc stock analysis, traders can identify Noble Plc position entry and exit signals to maximize returns.
Begin Period Cash Flow485.7 M
Long Term Debt586.2 M
Common Stock Shares Outstanding145.2 M
Total Stockholder Equity3.9 B
Tax Provision30.3 M
Quarterly Earnings Growth Y O Y-0.633
Property Plant And Equipment Net4.1 B
Cash And Short Term Investments360.8 M
Cash360.8 M
Accounts Payable395.2 M
Net Debt244.1 M
50 Day M A34.5336
Total Current Liabilities641.7 M
Other Operating ExpensesB
Non Current Assets Total4.4 B
Forward Price Earnings13.1752
Non Currrent Assets Other286.7 M
Stock Based Compensation37.7 M

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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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