Noble Corp Plc [NE] stock is trading at $19.75, down -3.28%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NE shares have lost -0.80% over the last week, with a monthly amount drifted -20.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Noble Corp Plc [NYSE: NE] stock has seen the most recent analyst activity on January 15, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $41 from $64. Previously, JP Morgan started tracking the stock with Neutral rating on December 06, 2024, and set its price target to $37. On October 15, 2024, downgrade downgraded it’s rating to Hold. CapitalOne initiated its recommendation with a Overweight and recommended $62 as its price target on November 28, 2023. Citigroup started tracking with a Buy rating for this stock on July 05, 2023, and assigned it a price target of $64. In a note dated January 19, 2023, The Benchmark Company initiated an Buy rating and provided a target price of $50 on this stock.
Noble Corp Plc [NE] stock has fluctuated between $17.40 and $48.74 over the past year. Currently, Wall Street analysts expect the stock to reach $48 within the next 12 months. Noble Corp Plc [NYSE: NE] shares were valued at $19.75 at the most recent close of the market. An investor can expect a potential return of 143.04% based on the average NE price forecast.
Analyzing the NE fundamentals
Noble Corp Plc [NYSE:NE] reported sales of 3.06B for the trailing twelve months, which represents a growth of 44.23%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.18 points at the first support level, and at 18.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.16, and for the 2nd resistance point, it is at 20.57.
Ratios To Look Out For
For context, Noble Corp Plc’s Current Ratio is 1.48. As well, the Quick Ratio is 1.48, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 0.67 and price to earnings (TTM) ratio is 6.61.
Transactions by insiders
Recent insider trading involved Howard Jennie, SVP, Gen. Counsel & Corp. Sec., that happened on Apr 01 ’25 when 808.0 shares were sold. Director, Hirshberg Al J. completed a deal on Mar 11 ’25 to buy 5000.0 shares. Meanwhile, Director Hirshberg Al J. bought 5000.0 shares on Mar 11 ’25.
