Currently, there are 158.95M common shares owned by the public and among those 125.34M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -13.79% and -30.78% over the past three months. NE shares are trading -26.31% year to date (YTD), with the 12-month market performance down to -44.65% lower. It has a 12-month low price of $23.24 and touched a high of $52.15 over the same period. NE has an average intraday trading volume of 1.82 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -18.92%, -24.39%, and -37.12% respectively.
Institutional ownership of Noble Corp Plc (NYSE: NE) shares accounts for 75.47% of the company’s 158.95M shares outstanding.
It has a market capitalization of $3.68B and a beta (3y monthly) value of 1.06. The stock’s trailing 12-month PE ratio is 7.75, while the earnings-per-share (ttm) stands at $2.99. The company has a PEG of 0.52 and a Quick Ratio of 1.48 with the debt-to-equity ratio at 0.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.80% over the week and 4.49% over the month.
Earnings per share for the fiscal year are expected to decrease by -21.96%, and 55.41% over the next financial year.
Looking at the support for the NE, a number of firms have released research notes about the stock. Evercore ISI stated their In-line rating for the stock in a research note on January 15, 2025, with the firm’s price target at $64-$41. JP Morgan coverage for the Noble Corp Plc (NE) stock in a research note released on December 06, 2024 offered a Neutral rating with a price target of $37. The Benchmark Company was of a view on October 15, 2024 that the stock is Hold, while Susquehanna gave the stock Neutral rating on December 01, 2023, issuing a price target of $52. CapitalOne on their part issued Overweight rating on November 28, 2023.
