$-0.32 EPS Expected for Noble Corporation plc (NE)

January 13, 2018 - By Marie Mckinney

 $ 0.32 EPS Expected for Noble Corporation plc (NE)
Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.18, from 0.96 in 2017Q2. It worsened, as 51 investors sold Noble Corporation plc shares while 75 reduced holdings. 38 funds opened positions while 60 raised stakes. 211.28 million shares or 7.34% less from 228.01 million shares in 2017Q2 were reported.
Moreover, Cetera Advsrs Lc has 0% invested in Noble Corporation plc (NYSE:NE) for 13,808 shares. Cambridge Research Advsrs reported 65,446 shares. Barclays Public Limited Company reported 465,467 shares stake. Germany-based Deutsche Bancorp Ag has invested 0.01% in Noble Corporation plc (NYSE:NE). Mcf Advsr Limited Liability Corporation owns 300 shares for 0% of their portfolio. 63,748 were accumulated by Cipher Cap Limited Partnership. Moreover, Jfs Wealth Advisors Ltd Llc has 0.01% invested in Noble Corporation plc (NYSE:NE) for 8,770 shares. Kistler accumulated 300 shares. Massachusetts-based Commonwealth Equity has invested 0% in Noble Corporation plc (NYSE:NE). Lmr Prtnrs Ltd Liability Partnership owns 58,409 shares for 0.03% of their portfolio. California State Teachers Retirement Sys reported 0% in Noble Corporation plc (NYSE:NE). Sei reported 315,991 shares or 0.01% of all its holdings. Pnc Fincl Service holds 0% of its portfolio in Noble Corporation plc (NYSE:NE) for 20,186 shares. Federated Incorporated Pa accumulated 596,091 shares or 0.01% of the stock. Huntington State Bank owns 224 shares.

Analysts expect Noble Corporation plc (NYSE:NE) to report $-0.32 EPS on February, 8.They anticipate $0.17 EPS change or 113.33 % from last quarter’s $-0.15 EPS. After having $-0.36 EPS previously, Noble Corporation plc’s analysts see -11.11 % EPS growth. The stock increased 2.67% or $0.15 during the last trading session, reaching $5.77. About 10.66M shares traded or 41.89% up from the average. Noble Corporation plc (NYSE:NE) has declined 46.66% since January 13, 2017 and is downtrending. It has underperformed by 63.36% the S&P500.

Noble Corporation plc (NYSE:NE) Ratings Coverage

Among 34 analysts covering Noble Corp PLC (NYSE:NE), 9 have Buy rating, 8 Sell and 17 Hold. Therefore 26% are positive. Noble Corp PLC has $20.0 highest and $2.5000 lowest target. $8.51’s average target is 47.49% above currents $5.77 stock price. Noble Corp PLC had 92 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Friday, June 30. The stock of Noble Corporation plc (NYSE:NE) earned “Hold” rating by RBC Capital Markets on Friday, October 6. The rating was downgraded by Susquehanna to “Neutral” on Tuesday, March 15. CapitalOne upgraded Noble Corporation plc (NYSE:NE) on Tuesday, January 17 to “Overweight” rating. As per Wednesday, November 16, the company rating was downgraded by Bank of America. As per Monday, March 14, the company rating was maintained by iBERIA Capital Partners. The stock of Noble Corporation plc (NYSE:NE) earned “Buy” rating by Jefferies on Thursday, January 4. On Tuesday, August 8 the stock rating was downgraded by Societe Generale to “Hold”. RBC Capital Markets upgraded Noble Corporation plc (NYSE:NE) on Friday, August 25 to “Sector Perform” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, March 11.

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide. The company has market cap of $1.41 billion. It owns and operates a fleet of mobile offshore drilling units. It currently has 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.

More notable recent Noble Corporation plc (NYSE:NE) news were published by: Fool.com which released: “A Big Wall Street Upgrade for These Offshore Drillers: Buy or Sell?” on September 26, 2017, also Seekingalpha.com with their article: “Noble Corp. – Invest Ahead Of The Q2 Report – Here’s How” published on July 25, 2017, Investorplace.com published: “Trade of the Day: Noble Corporation Ordinary Shares (UK) (NYSE:NE)” on April 12, 2016. More interesting news about Noble Corporation plc (NYSE:NE) were released by: Fool.com and their article: “Here’s Why These 3 Offshore Drilling Stocks Sank 16% or More Last Month” published on September 13, 2017 as well as Fool.com‘s news article titled: “Noble Corporation Reported Earnings, and Offshore Drilling Stocks Are Up Big Today” with publication date: May 05, 2017.

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