Noble Plc Stock Performance
| NE Stock | USD 45.15 1.06 2.29% |
Noble Plc has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Noble Plc will likely underperform. Noble plc right now secures a risk of 1.58%. Please verify Noble plc downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Noble plc will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Noble plc are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Noble Plc is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return (1.81) | Five Day Return (8.64) | Year To Date Return (4.19) | Ten Year Return 86.71 | All Time Return 86.71 |
Forward Dividend Yield 0.034 | Payout Ratio 0.6011 | Forward Dividend Rate 1.6 | Dividend Date 2024-03-21 | Ex Dividend Date 2024-03-07 |
1 | Exercise or conversion by Ann Pickard of 2982 shares of Noble Plc subject to Rule 16b-3 | 02/06/2024 |
2 | Noble Q4 2023 Earnings Preview | 02/21/2024 |
3 | Noble Corporation plc publishes its Annual Report on Form 10-K for the financial year 2023 | 02/23/2024 |
4 | Disposition of 45000 shares by Richard Barker of Noble Plc at 42.43 subject to Rule 16b-3 | 02/28/2024 |
5 | PatchMaster Franchise Expands into Omaha, NE | 02/29/2024 |
6 | Disposition of 2386 shares by Caroline Alting of Noble Plc at 43.06 subject to Rule 16b-3 | 03/01/2024 |
7 | Cousins Maine Lobster Expands to NE Ohio with Cleveland Market Launch | 03/05/2024 |
8 | Disposition of 524 shares by Caroline Alting of Noble Plc at 43.42 subject to Rule 16b-3 | 03/11/2024 |
9 | Fusion Wins 2024 Best Place to Work in Omaha Award, Earns Sixth Placement on the List | 03/20/2024 |
| Noble Plc dividend paid on 21st of March 2024 | 03/21/2024 |
10 | Disposition of 808 shares by Jennie Howard of Noble Plc at 48.34 subject to Rule 16b-3 | 04/01/2024 |
11 | Noble Corporation plc publishes proxy statement and notice to convene its 2024 annual general meeting | 04/10/2024 |
| Begin Period Cash Flow | 485.7 M |
Noble |
Noble Plc Relative Risk vs. Return Landscape
If you would invest 4,327 in Noble plc on January 19, 2024 and sell it today you would earn a total of 188.00 from holding Noble plc or generate 4.34% return on investment over 90 days. Noble plc is generating 0.0798% of daily returns and assumes 1.5821% volatility on return distribution over the 90 days horizon. Put differently, 13% of stocks are less risky than Noble on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Noble Plc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noble Plc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Noble plc, and traders can use it to determine the average amount a Noble Plc's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0504
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Estimated Market Risk
| 1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Noble Plc is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Noble Plc by adding it to a well-diversified portfolio.
Noble Plc Fundamentals Growth
Noble Stock prices reflect investors' perceptions of the future prospects and financial health of Noble Plc, and Noble Plc fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Noble Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0716 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 6.97 B | ||||
| Shares Outstanding | 142.82 M | ||||
| Price To Earning | 29.72 X | ||||
| Price To Book | 1.78 X | ||||
| Price To Sales | 2.83 X | ||||
| Revenue | 2.59 B | ||||
| Gross Profit | 435.75 M | ||||
| EBITDA | 916.68 M | ||||
| Net Income | 481.9 M | ||||
| Cash And Equivalents | 194.14 M | ||||
| Cash Per Share | 2.39 X | ||||
| Total Debt | 611.87 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 1.94 X | ||||
| Book Value Per Share | 27.86 X | ||||
| Cash Flow From Operations | 574.34 M | ||||
| Earnings Per Share | 3.32 X | ||||
| Market Capitalization | 6.72 B | ||||
| Total Asset | 5.51 B | ||||
| Retained Earnings | 541.16 M | ||||
| Working Capital | 420.07 M | ||||
| Current Asset | 1.24 B | ||||
| Current Liabilities | 863.58 M | ||||
About Noble Plc Performance
To evaluate Noble plc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Noble Plc generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Noble Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Noble plc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Noble's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000033 | 0.00 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.13 | 0.08 | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.12 | 0.12 |
Things to note about Noble plc performance evaluation
Checking the ongoing alerts about Noble Plc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Noble plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Noble plc has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company shares are owned by institutional investors | |
| On 21st of March 2024 Noble Plc paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: Noble Corporation plc publishes proxy statement and notice to convene its 2024 annual general meeting |
- Analyzing Noble Plc's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Noble Plc's stock is overvalued or undervalued compared to its peers.
- Examining Noble Plc's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Noble Plc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Noble Plc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Noble Plc's stock. These opinions can provide insight into Noble Plc's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Noble Stock analysis
When running Noble Plc's price analysis, check to measure Noble Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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Is Noble Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.123 | Dividend Share 0.7 | Earnings Share 3.32 | Revenue Per Share 17.79 | Quarterly Revenue Growth 0.04 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.