Noble Corp Plc (NYSE: NE) has a higher price-to-earnings ratio of 8.32x compared to its average ratio, The 36-month beta value for NE is at 1.11. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for NE is 124.75M, and currently, shorts hold a 8.47% of that float. The average trading volume for NE on May 28, 2025 was 2.83M shares.
NE) stock’s latest price update
Noble Corp Plc (NYSE: NE) has seen a rise in its stock price by 0.81 in relation to its previous close of 24.73. However, the company has experienced a 3.19% gain in its stock price over the last five trading sessions. thenewswire.com reported 2025-05-28 that TORONTO – TheNewswire – May 28, 2025 – Noble Mineral Exploration Inc. (” Noble ” or the ” Company “) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce successful exploration drilling results from its joint venture partner Canada Nickel Company in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario. Highlights
NE’s Market Performance
Noble Corp Plc (NE) has experienced a 3.19% rise in stock performance for the past week, with a 18.71% rise in the past month, and a -4.96% drop in the past quarter. The volatility ratio for the week is 3.66%, and the volatility levels for the past 30 days are at 2.81% for NE. The simple moving average for the past 20 days is 5.65% for NE’s stock, with a -17.44% simple moving average for the past 200 days.
Analysts’ Opinion of NE
Evercore ISI, on the other hand, stated in their research note that they expect to see NE reach a price target of $41, previously predicting the price at $64. The rating they have provided for NE stocks is “In-line” according to the report published on January 15th, 2025.
JP Morgan gave a rating of “Neutral” to NE, setting the target price at $37 in the report published on December 06th of the previous year.
NE Trading at 10.76% from the 50-Day Moving Average
After a stumble in the market that brought NE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.85% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares surge +11.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.27% upper at present.
During the last 5 trading sessions, NE rose by +3.35%, which changed the moving average for the period of 200-days by -38.32% in comparison to the 20-day moving average, which settled at $23.60. In addition, Noble Corp Plc saw -20.61% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NE starting from Howard Jennie, who sale 808 shares at the price of $24.16 back on Apr 01 ’25. After this action, Howard Jennie now owns 8,580 shares of Noble Corp Plc, valued at $19,521 using the latest closing price.
Hirshberg Al J., the Director of Noble Corp Plc, purchase 5,000 shares at $23.00 during a trade that took place back on Mar 11 ’25, which means that Hirshberg Al J. is holding 5,000 shares at $115,000 based on the most recent closing price.
Stock Fundamentals for NE
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.29 for the gross margin
The net margin for Noble Corp Plc stands at 0.14. The total capital return value is set at 0.1. Equity return is now at value 10.76, with 6.91 for asset returns.
Based on Noble Corp Plc (NE), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 6.08.
Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.71. The receivables turnover for the company is 4.04for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
In conclusion, Noble Corp Plc (NE) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
