NYSE:NE - Noble Stock Price, Price Target & More

Noble trades on the New York Stock Exchange (NYSE) under the ticker symbol "NE."

Noble Co. PLC (NYSE:NE) posted its quarterly earnings data on Wednesday, May, 2nd. The oil and gas company reported ($0.55) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.57) by $0.02. The oil and gas company earned $235.16 million during the quarter, compared to analyst estimates of $228.45 million. Noble had a negative return on equity of 6.29% and a negative net margin of 32.20%. Noble's quarterly revenue was down 35.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.17) EPS. View Noble's Earnings History.

Noble is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Noble.

15 analysts have issued 12-month price objectives for Noble's shares. Their predictions range from $3.00 to $7.00. On average, they anticipate Noble's stock price to reach $4.9154 in the next year. This suggests that the stock has a possible downside of 16.4%. View Analyst Ratings for Noble.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 2 sell ratings, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Noble saw a increase in short interest in June. As of June 29th, there was short interest totalling 42,839,275 shares, an increase of 1.9% from the June 15th total of 43,676,358 shares. Based on an average daily trading volume, of 6,291,114 shares, the days-to-cover ratio is presently 6.8 days. Currently, 17.6% of the company's shares are sold short. View Noble's Current Options Chain.

Some companies that are related to Noble include Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Rowan Companies (RDC), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP), Independence Contract Drilling (ICD) and Petroteq Energy (PQEFF).

Media coverage about NE stock has been trending somewhat positive on Friday, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Noble earned a daily sentiment score of 0.21 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 46.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Noble's stock is owned by a number of of institutional and retail investors. Top institutional investors include Sippican Capital Advisors (0.13%) and Municipal Employees Retirement System of Michigan (0.03%). View Institutional Ownership Trends for Noble.

NE stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Noble.

NE stock was purchased by a variety of institutional investors in the last quarter, including Sippican Capital Advisors. View Insider Buying and Selling for Noble.

Shares of NE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NE stock can currently be purchased for approximately $5.88.

Noble has a market capitalization of $1.50 billion and generates $1.24 billion in revenue each year. The oil and gas company earns $-516,510,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis. Noble employs 2,000 workers across the globe.

Noble's mailing address is Devonshire House 1 Mayfair Place, London X0, W1J8AJ. The oil and gas company can be reached via phone at 44-20-3300-2300 or via email at [email protected]