While Noble Corp Plc has underperformed by -0.63%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NE fell by -14.30%, with highs and lows ranging from $48.74 to $17.40, whereas the simple moving average fell by -7.86% in the last 200 days.
On May 28, 2025, JP Morgan Upgraded Noble Corp Plc (NYSE: NE) to Overweight. A report published by Evercore ISI on January 15, 2025, Downgraded its rating to ‘In-line’ for NE. JP Morgan also rated NE shares as ‘Neutral’, setting a target price of $37 on the company’s shares in an initiating report dated December 06, 2024. Susquehanna initiated its ‘Neutral’ rating for NE, as published in its report on December 01, 2023. CapitalOne’s report from November 28, 2023 suggests a price prediction of $62 for NE shares, giving the stock a ‘Overweight’ rating. Citigroup also rated the stock as ‘Buy’.
Analysis of Noble Corp Plc (NE)
It’s important to note that NE shareholders are currently getting $2.00 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 37.26%, showing a positive trend in the upcoming months.
Noble Corp Plc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 10.76% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.57, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and NE is registering an average volume of 2.64M. On a monthly basis, the volatility of the stock is set at 3.46%, whereas on a weekly basis, it is put at 3.06%, with a loss of -6.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $32.03, showing growth from the present price of $26.91, which can serve as yet another indication of whether NE is worth investing in or should be passed over.
How Do You Analyze Noble Corp Plc Shares?
A giant in the Oil & Gas Drilling market, Noble Corp Plc (NE) is based in the USA. When comparing Noble Corp Plc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.98, there is a growth in quarterly earnings of 1.73%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 21.44%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 72.23% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
NE shares are owned by institutional investors to the tune of 72.23% at present.
