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NYSE: NE
Noble Corp PLC Stock

$45.46-0.59 (-1.28%)
Updated Apr 25, 2024
NE Price
$45.46
Fair Value Price
N/A
Market Cap
$6.49B
52 Week Low
$34.85
52 Week High
$55.34
P/E
13.06x
P/B
1.66x
P/S
2.57x
PEG
0.38x
Dividend Yield
0.66%
Revenue
$2.59B
Earnings
$481.90M
Gross Margin
40.4%
Operating Margin
22.07%
Profit Margin
18.6%
Debt to Equity
0.41
Operating Cash Flow
$574M
Beta
0.83
Next Earnings
May 6, 2024
Ex-Dividend
N/A
Next Dividend
N/A

NE Overview

Noble Corporation provides contract drilling services to the oil and gas industry through a fleet of mobile offshore drilling units. Its clients are integrated, independent and government-owned or controlled oil and gas companies in the U.S. and internationally. It operates 20 offshore drilling units. Formerly Noble Holding Corp. plc, Noble was founded in 1921 and is headquartered in Sugar Land, TX.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NE ($45.46) is trading below its intrinsic value of $60.85, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NE is good value based on its earnings relative to its share price (13.06x), compared to the US market average (40.97x)
P/E vs Market Valuation
NE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more NE due diligence checks available for Premium users.

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NE News

Valuation

NE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
13.06x
Industry
9.11x
Market
40.97x
NE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.66x
Industry
0.98x
NE is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NE price to earnings growth (PEG)

For valuing profitable companies with growth potential
NE is good value based... subscribe to Premium to read more.
PEG Value Valuation

NE's financial health

Profit margin

Revenue
$643.0M
Net Income
$149.7M
Profit Margin
23.3%
NE's Earnings (EBIT) of $571.38M... subscribe to Premium to read more.
Interest Coverage Financials
NE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$5.5B
Liabilities
$1.6B
Debt to equity
0.41
NE's short-term assets ($1.06B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NE's short-term assets ($1.06B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$287.5M
Investing
-$98.4M
Financing
-$70.9M
NE's operating cash flow ($574.34M)... subscribe to Premium to read more.
Debt Coverage Financials

NE vs Oil & Gas Drilling Stocks

TickerMarket Cap1d %P/EP/B
NE$6.49B-1.28%13.06x1.66x
PTEN$4.60B-2.34%12.80x0.96x
RIG$4.40B-0.69%-4.63x0.42x
HP$3.99B-4.69%11.52x1.42x
SDRL$3.63B-1.03%11.63x1.22x

Noble Stock FAQ

What is Noble's quote symbol?

(NYSE: NE) Noble trades on the NYSE under the ticker symbol NE. Noble stock quotes can also be displayed as NYSE: NE.

If you're new to stock investing, here's how to buy Noble stock.

What is the 52 week high and low for Noble (NYSE: NE)?

(NYSE: NE) Noble's 52-week high was $55.34, and its 52-week low was $34.85. It is currently -17.85% from its 52-week high and 30.44% from its 52-week low.

How much is Noble stock worth today?

(NYSE: NE) Noble currently has 142,766,794 outstanding shares. With Noble stock trading at $45.46 per share, the total value of Noble stock (market capitalization) is $6.49B.

Noble stock was originally listed at a price of $24.75 in Jun 10, 2021. If you had invested in Noble stock at $24.75, your return over the last 2 years would have been 83.68%, for an annualized return of 35.53% (not including any dividends or dividend reinvestments).

How much is Noble's stock price per share?

(NYSE: NE) Noble stock price per share is $45.46 today (as of Apr 25, 2024).

What is Noble's Market Cap?

(NYSE: NE) Noble's market cap is $6.49B, as of Apr 27, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Noble's market cap is calculated by multiplying NE's current stock price of $45.46 by NE's total outstanding shares of 142,766,794.
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