Media coverage about Noble Corporation (NYSE:NE) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Noble Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 46.5819720255171 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s scoring:
- Noble Corporation plc To Participate In The Jefferies 2017 Energy Conference (finance.yahoo.com)
- Vacillating Stocks Noble Corporation plc (NYSE:NE) a Oil & Gas Drilling & Exploration Company – The Stock Street (press release) (thestreetpoint.com)
- -$0.33 EPS Expected for Noble Corporation (NE) This Quarter (americanbankingnews.com)
- Noble Corp.: A Few Bright Spots In A Disappointing Q3 – Seeking Alpha (seekingalpha.com)
- Noble Corp. Plc breached its 50 day moving average in a Bearish Manner : NE-US : November 17, 2017 (finance.yahoo.com)
A number of equities analysts have recently weighed in on NE shares. ValuEngine lowered Noble Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Societe Generale lowered Noble Corporation from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Piper Jaffray Companies set a $4.00 target price on Noble Corporation and gave the stock a “hold” rating in a research report on Monday, August 7th. Seaport Global Securities reissued a “neutral” rating on shares of Noble Corporation in a research report on Monday, August 7th. Finally, Goldman Sachs Group, Inc. (The) raised Noble Corporation to a “sell” rating in a research report on Wednesday, August 9th. Six analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $5.56.
Noble Corporation (NYSE:NE) opened at $4.13 on Thursday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.64. Noble Corporation has a 12 month low of $3.14 and a 12 month high of $8.37.
Noble Corporation (NYSE:NE) last posted its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported ($0.36) earnings per share for the quarter, hitting the consensus estimate of ($0.36). The company had revenue of $266.20 million during the quarter, compared to the consensus estimate of $269.61 million. Noble Corporation had a negative return on equity of 3.94% and a negative net margin of 136.22%. The firm’s quarterly revenue was down 30.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.23) EPS. analysts predict that Noble Corporation will post -1.17 earnings per share for the current fiscal year.
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About Noble Corporation
Noble Corporation is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 79 mobile offshore drilling units and one floating production storage and offloading unit (NYSE:NE) located globally.
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