Noble Plc Stock Today

NE Stock  USD 31.01  0.86  2.70%   

Performance

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Weak
 
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Odds Of Distress

Low

 
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Low
Noble Plc is trading at 31.01 as of the 9th of February 2025, a 2.7 percent decrease since the beginning of the trading day. The stock's lowest day price was 31.0. Noble Plc has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 15th of May 2024 and ending today, the 9th of February 2025. 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 160.38 M outstanding shares of which 9.94 M shares are now sold short in the market by investors with about 6.12 days to cover all shorted shares. More on Noble plc

Moving together with Noble Stock

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Noble Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJulie Robertson
Thematic Ideas
(View all Themes)
Business ConcentrationEnergy 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.320.54
Way Down
Slightly volatile
Total Current Liabilities597.9 M737.9 M
Significantly Down
Pretty Stable
Non Current Liabilities TotalB1.1 B
Notably Down
Slightly volatile
Total Assets8.9 B6.3 B
Significantly Up
Slightly volatile
Total Current Assets961.5 M1.2 B
Significantly Down
Pretty Stable
Debt Levels
Noble Plc can leverage 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.
Liquidity
Noble plc reports 611.87 M of total liabilities with total debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from financial leverage. Noble plc has a current ratio of 1.9, which is generally considered normal. Note however, debt could still be an excellent tool for Noble to invest in growth at high rates of return.

Free Cash Flow

198.94 Million
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 5.11 B. Noble plc is active under Energy Equipment & Services sector as part of Energy industry. The entity has 160.38 M outstanding shares of which 9.94 M shares are now sold short in the market by investors with about 6.12 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 Allocation
Noble plc maintains a total of 160.38 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 Institutional Holders

InstituionRecorded OnShares
Robotti Robert2024-06-30
0.0
View Noble Plc Diagnostics

Noble Plc Historical Income Statement

At present, Noble Plc's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 540 M, whereas Total Revenue is forecasted to decline to about 1.5 B. View More Fundamentals

Noble Stock Against Markets

Noble Plc Corporate Directors

Julie EdwardsIndependent DirectorProfile
Roger JenkinsIndependent DirectorProfile
Jon MarshallIndependent DirectorProfile
Gordon HallLead Independent DirectorProfile
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.
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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
3.31
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.
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.