How to Buy Noble Stock
Noble Corp PLC
Noble is a oil & gas drilling company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker NE on the NYSE exchange.
Noble stock last closed at $45.29, up 2.77% from the previous day, and has increased 27.47% in one year. It has overperformed other stocks in the Oil & Gas Drilling industry by 0.13 percentage points. Noble stock is currently +28.34% from its 52-week low of $35.29, and -18.16% from its 52-week high of $55.34.
At the moment, there are 142.77M shares of NE outstanding. The market value of NE is $6.47B. In the last 24 hours, 823,841 NE shares were traded.
How to Buy Noble Stock
Not sure how to invest in Noble stock? Here's how.
- Figure out where to buy Noble stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Noble stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your information.
- Evaluate Noble stock: The Noble ticker symbol is NE. Is Noble stock a good investment? Should you buy shares of NE? How do NE's underlying business fundamentals look? Do top analysts think Noble is a good buy? Why has NE's stock price moved recently? (Hint: Our stock research tools can help you decide if NE is a good stock to buy).
- Execute your NE purchase: Decide if you will purchase NE shares at the current market price or use a limit order to purchase NE shares at a specific price.
- Track your investment in NE: Create a watchlist to the latest updates on your new investment in Noble stock.
Step 1: Figure out where to buy Noble stock
You will need a brokerage account to access the NYSE market and buy NE stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in NE stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Noble stock
Once you have identified the best place to buy Noble stock, it's important to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Noble stock quick numbers
Fundamentals of NE
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NE's stock page.
What is the fair value of NE stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NE's fair value.
Using relative valuations ratios:
- NE may be overvalued based on its P/E ratio of 13.01x, relative to Oil & Gas Drilling industry P/E ratio of 8.02x
- NE could be overvalued based on its P/B ratio of 1.65x, relative to Oil & Gas Drilling industry P/B ratio of 0.97x
- NE may be undervalued based on its PEG ratio of 0.38x
You can access additional valuation analysis on NE's stock here.
NE Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the NE balance sheet.
- NE's operating cash flow of $574.34M allows it to safely service it's debt of $586.20M.
- There are more short-term assets than short-term liabilities on the NE balance sheet.
- NE earnings of $571.38M is not sufficient to cover its interest payments.
- NE profit margin has gone up from 11.9% to 18.6% in the past year.
Failed Financial Due Diligence Checks:
- NE has a relatively high debt to equity ratio of 0.41.
Is it a good time to buy Noble stock, according to analysts?
Out of 4 sell side analysts who monitor NE, the consensus analyst rating on NE is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Noble stock forecast page.
NE Trading Indicators
Is NE Making Money?
Last year, NE earnings were $481.90M. Over the past 2 year, NE's earnings have increased by 47.02% per year. This was faster than the Oil & Gas Drilling industry average of 24.52%.
Last year, NE revenue was $2.59B. In the last 3 year, NE's revenue has gone up by 122.94% per year. This was faster than the Oil & Gas Drilling industry average of 33.36%.
Dive into NE's earnings and revenue performance here.
Are NE executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at NE have sold more shares than they have bought.
Jennie Howard, SVP Gen. Counsel Corp. Sec. of NE, was the latest NE insider to sell. They sold $39,058.72 worth of NE stock on Apr 1, 2024.
Research more about who owns NE stock here.
Does NE provide a stable income stream?
No, Noble doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your NE purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your investment in NE
Now that you own some NE shares, you'll want to stay up-to-date on your investment.
Put NE on a watchlist to get the latest updates about your NE stock.
NE Feed
No news
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How to Buy Stock in Noble
To summarize, here are the 6 steps you need to take to buy Noble stock right now:
- Figure out where to buy Noble stock
- Create your brokerage account
- Fund your investment account
- Evaluate Noble stock
- Execute your NE purchase
- Track your investment in NE
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Noble, add NE to your watchlist by clicking the button below.
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