NYSE:NE - Noble Stock Price, Forecast & News

Noble's stock was trading at $0.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NE shares have decreased by 4.5% and is now trading at $0.2387. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 11 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Noble.

Noble is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Noble.

Noble Co. PLC (NYSE:NE) announced its quarterly earnings data on Wednesday, February, 19th. The oil and gas company reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.50) by $0.17. The oil and gas company earned $454.09 million during the quarter, compared to the consensus estimate of $261.53 million. Noble had a negative net margin of 53.67% and a negative return on equity of 9.13%. During the same period in the previous year, the firm earned ($0.36) EPS. View Noble's earnings history.

14 brokers have issued 12 month price targets for Noble's stock. Their forecasts range from $1.00 to $3.00. On average, they expect Noble's stock price to reach $1.69 in the next twelve months. This suggests a possible upside of 609.9% from the stock's current price. View analysts' price targets for Noble.

Media coverage about NE stock has been trending very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Noble earned a news impact score of -3.3 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutNoble.

Noble saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 30,376,000 shares, a decrease of 9.0% from the February 27th total of 33,380,000 shares. Based on an average daily volume of 5,110,000 shares, the days-to-cover ratio is presently 5.9 days. Currently, 12.4% of the company's stock are short sold. View Noble's Current Options Chain.

Some companies that are related to Noble include Seadrill (SDRL), PARKER DRILLING/SH PAR $ (PKD), Diamond Offshore Drilling (DO), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Nabors Industries (NBR), Precision Drilling (PDS), Pacific Drilling (PACD), Western Energy Services (WEEEF), Seadrill Partners (SDLP), Petroteq Energy (PQEFF), Independence Contract Drilling (ICD), Pacific Drilling (PACDQ), Pioneer Energy Services (PESXQ) and Sauer Energy (SENY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Noble investors own include Achillion Pharmaceuticals (ACHN), Chesapeake Energy (CHK), Bank of America (BAC), Ford Motor (F), Intel (INTC), Transocean (RIG), AT&T (T), General Electric (GE), Gilead Sciences (GILD) and Energy Transfer LP Unit (ET).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of NE stock can currently be purchased for approximately $0.24.

Noble has a market capitalization of $59.63 million and generates $1.31 billion in revenue each year. The oil and gas company earns $-700,590,000.00 in net income (profit) each year or ($1.52) on an earnings per share basis. Noble employs 2,000 workers across the globe. View additional information about Noble.

The official website for Noble is http://www.noblecorp.com/.

Noble's mailing address is 10 Brook Street, London X0, W1S1BG. The oil and gas company can be reached via phone at 44-20-3300-2300 or via email at [email protected]