Noble Corporation plc (NE) Hit 52-Week High at $6.39

June 29, 2018 - By Alex Paulin

Noble Corporation plc (NYSE:NE) Corporate Logo

Big Money Sentiment decreased to 1.01 in Q1 2018. It has change of 0.01, from 2017Q4’s 1.02. The ratio is negative due to Noble Corporation plc positioning: 30 sold and 67 reduced. 35 funds bought holdings and 63 increased holdings. Investors holded 209.10 million in 2017Q4 but now own 203.13 million shares or 2.85% less.
Sterling Cap Management Ltd Liability owns 73,527 shs for 0% of their capital. Firefly Value Prns Limited Partnership stated it has 17.66 million shs. Alliancebernstein Limited Partnership holds 364,620 shs. Cambridge Inv Rech Advisors has 73,347 shs. World Asset holds 24,948 shs or 0% of its capital. Vertex One Asset Management invested in 2.67 million shs. 435,605 are owned by Connor Clark And Lunn Inv Mngmt Limited. Calamos Advisors holds 0% of its capital in Noble Corporation plc (NYSE:NE) for 24,000 shs. Deutsche Fincl Bank Ag invested in 1.38 million shs. Us National Bank & Trust De reported 0% stake. Ls Investment Advisors Ltd Limited Liability Company accumulated 0% or 6,752 shs. Dc Capital Advsr Limited holds 3.00M shs. Clearbridge Invests Llc accumulated 0% or 500 shs. Moreover, Fmr Llc has 0% invested in Noble Corporation plc (NYSE:NE) for 1.06M shs. Estabrook accumulated 100 shs.

The company Noble Corporation plc (NYSE:NE) broke into 52 week high with $6.64 target or 4.00 % above today’s $6.39 stock price. Barchart.com published it on Jun, 29. It has $1.58 billion market cap. The valuation of NYSE:NE can change by $63.04 million if our $6.64 target is broke into.

The stock increased 2.98% or $0.185 during the last trading session, touching $6.385.Currently Noble Corporation plc is uptrending after 28.74% change in last June 29, 2017. NE has 1.86 million shares volume. NE outperformed the S&P500 by 16.17%.

On August, 2 WallStreet awaited Noble Corporation plc (NYSE:NE)’s earnings release, Faxor reports. Analysts forecast 48.39 % diference or $-0.46 from the $-0.31 EPS from 2017. Last quarter $-0.55 earnings per share was reported. Analysts predicts -16.36 % EPS growth this quarter.

Noble Corporation plc (NYSE:NE) Ratings Coverage

Total analysts of 12 have positions in Noble Corp (NYSE:NE) as follows: 1 rated it a “Buy”, 2 with “Sell” and 9 with “Hold”. The positive are 8%. The firm has $6.0 highest while $3.0 is the lowest PT. The average target $4.55 is -28.74% below the last ($6.385) price. Since January 4, 2018 according to StockzIntelligence Inc Noble Corp has 16 analyst reports. The company rating was upgraded by Argus Research on Tuesday, March 13. On Thursday, March 15 Cowen & Co maintained the shares of NE in report with “Hold” rating. On Friday, February 16 the firm has “Hold” rating by Susquehanna given. On Thursday, January 18 RBC Capital Markets maintained Noble Corporation plc (NYSE:NE) rating. RBC Capital Markets has “Hold” rating and $6.0 target. On Thursday, February 22 the company was maintained by Jefferies. On Friday, January 12 the firm earned “Hold” rating by Susquehanna. On Thursday, June 21 the firm has “Neutral” rating given by Citigroup. On Thursday, June 21 the firm has “Hold” rating by Jefferies given. On Monday, February 26 the stock has “Sell” rating by Piper Jaffray. The stock rating was maintained by Cowen & Co with “Hold” on Thursday, January 11.

More recent Noble Corporation plc (NYSE:NE) news were released by Seekingalpha.com, Nasdaq.com and Seekingalpha.com. The first one has “Attempting To Crack The Noble Riddle” as a title and was released on June 18, 2018. The next is “Here’s Why Offshore Drilling Stocks Are Up Big Today” on June 27, 2018. And last was released on June 08, 2018, called “Noble Corp.: Discussing June Fleet Status Report”.

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide.The firm is valued at $1.58 billion. It owns and operates a fleet of mobile offshore drilling units.Last it reported negative earnings. As of February 23, 2017, the firm operated a fleet of 28 offshore drilling units consisted of 14 drill ships, and semisubmersibles and 14 jack ups.

Noble Corporation plc (NYSE:NE) Analyst Ratings Chart

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