Noble Corp Plc (NYSE: NE) has a price-to-earnings ratio that is above its average at 8.94x. The stock has a 36-month beta value of 1.04. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for NE is 125.35M, and at present, short sellers hold a 8.63% of that float. On February 26, 2025, the average trading volume of NE was 1.69M shares.
NE) stock’s latest price update
The stock price of Noble Corp Plc (NYSE: NE) has plunged by -0.54 when compared to previous closing price of 26.84, but the company has seen a -3.94% decline in its stock price over the last five trading sessions. 247wallst.com reported 2025-02-25 that With the changing of the guard in Washington, D.C., one thing is for sure.
NE’s Market Performance
Noble Corp Plc (NE) has experienced a -3.94% fall in stock performance for the past week, with a -18.24% drop in the past month, and a -23.07% drop in the past quarter. The volatility ratio for the week is 4.60%, and the volatility levels for the past 30 days are at 3.85% for NE. The simple moving average for the last 20 days is -11.14% for NE stock, with a simple moving average of -28.34% for the last 200 days.
Analysts’ Opinion of NE
Many brokerage firms have already submitted their reports for NE stocks, with Evercore ISI repeating the rating for NE by listing it as a “In-line.” The predicted price for NE in the upcoming period, according to Evercore ISI is $41 based on the research report published on January 15, 2025 of the current year 2025.
JP Morgan, on the other hand, stated in their research note that they expect to see NE reach a price target of $37. The rating they have provided for NE stocks is “Neutral” according to the report published on December 06th, 2024.
NE Trading at -14.21% from the 50-Day Moving Average
After a stumble in the market that brought NE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.82% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares sank -16.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.40% lower at present.
During the last 5 trading sessions, NE fell by -2.95%, which changed the moving average for the period of 200-days by -41.90% in comparison to the 20-day moving average, which settled at $30.06. In addition, Noble Corp Plc saw -14.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NE starting from SLEDGE CHARLES M, who purchase 8,992 shares at the price of $27.83 back on Feb 20 ’25. After this action, SLEDGE CHARLES M now owns 38,361 shares of Noble Corp Plc, valued at $250,247 using the latest closing price.
Barker Richard B., the EVP and CFO of Noble Corp Plc, purchase 8,000 shares at $27.94 during a trade that took place back on Feb 20 ’25, which means that Barker Richard B. is holding 298,505 shares at $223,520 based on the most recent closing price.
Stock Fundamentals for NE
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.24 for the gross margin
The net margin for Noble Corp Plc stands at 0.15. The total capital return value is set at 0.09. Equity return is now at value 10.46, with 6.66 for asset returns.
Based on Noble Corp Plc (NE), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 6.41.
Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 1.95. The receivables turnover for the company is 3.84for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
To sum up, Noble Corp Plc (NE) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
