NE vs. VAL, RIG, PTEN, HP, HPK, PDS, BORR, NBR, ICD, and AMNI
Should you be buying Noble stock or one of its competitors? The main competitors of Noble include Valaris (VAL), Transocean (RIG), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Nabors Industries (NBR), Independence Contract Drilling (ICD), and American Noble Gas (AMNI). These companies are all part of the "drilling oil & gas wells" industry.
Noble (NYSE:NE) and Valaris (NYSE:VAL) are both mid-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, risk, community ranking and dividends.
Valaris has a net margin of 44.93% compared to Noble's net margin of 17.94%. Noble's return on equity of 7.94% beat Valaris' return on equity.
Noble has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Valaris has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500.
68.1% of Noble shares are owned by institutional investors. Comparatively, 96.7% of Valaris shares are owned by institutional investors. 1.1% of Noble shares are owned by company insiders. Comparatively, 0.1% of Valaris shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Noble pays an annual dividend of $1.60 per share and has a dividend yield of 3.4%. Valaris pays an annual dividend of $1.48 per share and has a dividend yield of 1.9%. Noble pays out 49.5% of its earnings in the form of a dividend. Valaris pays out 12.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, Valaris had 6 more articles in the media than Noble. MarketBeat recorded 12 mentions for Valaris and 6 mentions for Noble. Valaris' average media sentiment score of 0.61 beat Noble's score of 0.00 indicating that Valaris is being referred to more favorably in the news media.
Noble presently has a consensus target price of $60.00, indicating a potential upside of 26.34%. Valaris has a consensus target price of $99.20, indicating a potential upside of 24.12%. Given Noble's higher probable upside, research analysts plainly believe Noble is more favorable than Valaris.
Valaris has lower revenue, but higher earnings than Noble. Valaris is trading at a lower price-to-earnings ratio than Noble, indicating that it is currently the more affordable of the two stocks.
Valaris received 1 more outperform votes than Noble when rated by MarketBeat users. Likewise, 35.29% of users gave Valaris an outperform vote while only 29.73% of users gave Noble an outperform vote.
Summary
Valaris beats Noble on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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