Analyst Expects Noble Corp Plc (NYSE: NE) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, NE falls under the Energy sector while operating within the Oil & Gas Drilling industry segment. The current market capitalization of Noble Corp Plc is $5.82B. A total of 2.44 million shares were traded on the day, compared to an average of 1.72M shares.

In the most recent transaction, APMH Invest A/S bought 324,984 shares of NE for 45.53 per share on Jul 12 ’24. After the transaction, the 10% Owner now owns 28,916,258 company shares. In a previous transaction on Jul 11 ’24, APMH Invest A/S bought 208,589 shares at 44.35 per share. NE shares that 10% Owner owns now total 28,591,274.

Among the insiders who bought shares, APMH Invest A/S acquired of 104,445 shares on Jul 15 ’24 at a per-share price of $46.63. This resulted in the 10% Owner holding 29,020,703 shares of NE after the transaction. In another insider transaction, APMH Invest A/S bought 300,000 shares at $44.15 per share on Jul 02 ’24. Company shares held by the 10% Owner now total 28,382,685.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Noble Corp Plc pays an annual dividend of $1.20, resulting in a dividend yield of 3.45%, and it has a price to earnings (P/E) ratio of 8.47. NE’s most recent ex-dividend date was 9/12/2024 when it declared a $0.50 quarterly dividend that was paid in cash on 9/26/2024. Previously, the company paid the dividend on 6/27/2024 with an ex-dividend date of 6/6/2024. The NE stock dividend was $0.40 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, NE has a high of $54.87 and a low of $33.75.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. NE’s latest balance sheet shows that the firm has $194.14M in Cash & Short Term Investments as of fiscal 2021. There were $216.00M in debt and $248.39M in liabilities at the time. Its Book Value Per Share was $27.89, while its Total Shareholder’s Equity was $1.50B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NE is Buy with a score of 4.78.

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