Noble Corp

Company Profile

Noble Corp had its IPO on 1990-03-26 under the ticker symbol NE.

The company operates in the Energy sector and Oil & Gas Drilling industry. Noble Corp has a staff strength of 3,800 employees.

Stock update

Shares of Noble Corp opened at $53.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $53.13 - $54.87, and closed at $54.06.

This is a +2.97% increase from the previous day's closing price.

A total volume of 1,846,178 shares were traded at the close of the day’s session.

In the last one week, shares of Noble Corp have increased by +0.52%.

Noble Corp's Key Ratios

Noble Corp has a market cap of $7.59 billion, indicating a price to book ratio of 1.4083 and a price to sales ratio of 4.8008.

In the last 12-months Noble Corp’s revenue was $2.06 billion with a gross profit of $435.75 million and an EBITDA of $582.78 million. The EBITDA ratio measures Noble Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Noble Corp’s operating margin was 22.62% while its return on assets stood at 7.97% with a return of equity of 13.1%.

In Q2, Noble Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 131%.

Noble Corp’s PE and PEG Ratio

Forward PE

15.3139

Trailing PE

21.512

PEG

Its diluted EPS in the last 12-months stands at $2.5 per share while it has a forward price to earnings multiple of 15.3139 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Noble Corp’s profitability.

Noble Corp stock is trading at a EV to sales ratio of 2.1855 and a EV to EBITDA ratio of -0.5696. Its price to sales ratio in the trailing 12-months stood at 4.8008.

Noble Corp stock pays annual dividends of $0.3 per share, indicating a yield of 2.23% and a payout ratio of 20.27%.

Balance sheet and cash flow metrics

Total Assets

$5.20 billion

Total Liabilities

$514.15 million

Operating Cash Flow

$0

Capital Expenditure

$106.80 million

Dividend Payout Ratio

20.27%

Noble Corp ended 2024 with $5.20 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.20 billion while shareholder equity stood at $3.72 billion.

Noble Corp ended 2024 with $0 in deferred long-term liabilities, $514.15 million in other current liabilities, 1000.00 in common stock, $359.81 million in retained earnings and $14.63 million in goodwill. Its cash balance stood at $255.36 million and cash and short-term investments were $255.36 million. The company’s total short-term debt was $159,715,000 while long-term debt stood at $585.39 million.

Noble Corp’s total current assets stands at $932.62 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $571.17 million compared to accounts payable of $310.72 million and inventory worth $0.

In 2024, Noble Corp's operating cash flow was $0 while its capital expenditure stood at $106.80 million.

Comparatively, Noble Corp paid $0.20 in dividends in 2024.

Other key metrics

Current Trading Price

$54.06

52-Week High

$55.34

52-Week Low

$26.8832

Analyst Target Price

$58.22

Noble Corp stock is currently trading at $54.06 per share. It touched a 52-week high of $55.34 and a 52-week low of $55.34. Analysts tracking the stock have a 12-month average target price of $58.22.

Its 50-day moving average was $50.6 and 200-day moving average was $41.52 The short ratio stood at 3.42 indicating a short percent outstanding of 0%.

Around 93.7% of the company’s stock are held by insiders while 8386.3% are held by institutions.