Noble Corporation Ordinary Shar (NYSE:NE):
Noble Corporation plc Provides Fleet Contract Status Update.
The company is trading down by -4.34 percent from yesterday’s close.
Noble Corporation Ordinary Shar recently declared a dividend that was paid on Monday August 8th, 2016. The dividend was $0.020 per share for the quarter which is $0.08 annualized. The dividend yield was $1.44. The ex-dividend date was set for Thursday the 28th of July 2016.
Company chares are trading at $5.29 a tad below $5.79, the 50 day moving average and barely below the 200 day moving average of $7.74. The 50 day moving average moved down $-0.50 and the 200 day average moved down $-2.45.
The P/E ratio is currently 2.20 and the market value is 1.29B. As of the latest earnings report the EPS was $2.40 and is expected to be $-0.07 for the current year with 243,218,000 shares now outstanding. Analysts expect next quarter’s EPS will be $-0.20 and the next full year EPS is anticipated to be $-1.24.
A few brokerage analysts have issued ratings on the stock recently. On October 3, 2016 the stock rating was set at “Hold” according to a Societe Generale report down from the previous “Buy” rating. September 28 investment analysts at Jefferies left the company rating at “Hold” but lowered the price target to $6.00 from $7.50.
On September 21 the company was upgraded from “Sell” to “Neutral” by Goldman Sachs. Equity analyst Scotia Howard Weil started covering NE with a rating of “Sector Perform”.
On August 25 Citigroup made no change to the company rating of “Neutral” and lowered the price target from $11.00 to $6.50. On August 16 the stock rating was upgraded to “Neutral” from “Underperform” in a statement from Bank of America.