Noble Corporation plc (NE) Analysts See $-0.32 EPS

January 16, 2018 - By Marguerite Chambers

 Noble Corporation plc (NE) Analysts See $ 0.32 EPS
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.
Deutsche Commercial Bank Ag reported 0.01% in Noble Corporation plc (NYSE:NE). State Of Tennessee Treasury Department owns 0.01% invested in Noble Corporation plc (NYSE:NE) for 219,431 shares. Ny State Teachers Retirement System reported 0.01% stake. State Bank Of Ny Mellon accumulated 5.22 million shares. Whittier Of Nevada holds 0% or 64 shares in its portfolio. Raymond James Assocs holds 0% in Noble Corporation plc (NYSE:NE) or 328,209 shares. Manufacturers Life Co The holds 0% or 182,062 shares. 68,533 are owned by Virginia Retirement Et Al. Jpmorgan Chase & reported 0.01% stake. Nomura Asset Mngmt reported 14,400 shares or 0% of all its holdings. American Group reported 458,236 shares. Federated Investors Pa owns 596,091 shares. Prudential Fincl stated it has 0% in Noble Corporation plc (NYSE:NE). Private Advisor Gp Limited Liability Com holds 0% or 13,013 shares in its portfolio. Dc Capital Advsrs Ltd accumulated 2.50M 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 decreased 5.55% or $0.32 during the last trading session, reaching $5.45. About 5.10 million shares traded. Noble Corporation plc (NYSE:NE) has declined 46.66% since January 16, 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 had 93 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was initiated by Howard Weil with “Sector Perform” on Wednesday, September 14. On Tuesday, July 11 the stock rating was maintained by BMO Capital Markets with “Sell”. As per Wednesday, June 21, the company rating was downgraded by Seaport Global. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Thursday, February 2. The company was upgraded on Wednesday, September 21 by Goldman Sachs. The stock of Noble Corporation plc (NYSE:NE) has “Hold” rating given on Thursday, December 21 by RBC Capital Markets. The firm has “Buy” rating given on Friday, November 3 by Jefferies. The company was maintained on Tuesday, September 5 by Cowen & Co. Citigroup downgraded the stock to “Neutral” rating in Friday, June 16 report. Susquehanna maintained the shares of NE in report on Friday, January 12 with “Hold” rating.

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide. The company has market cap of $1.34 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: Seekingalpha.com which released: “Noble Corp. – Invest Ahead Of The Q2 Report – Here’s How” on July 25, 2017, also Fool.com with their article: “Noble Corporation Reported Earnings, and Offshore Drilling Stocks Are Up Big Today” published on May 05, 2017, Fool.com published: “3 Value Stocks for Smart Investors” on June 22, 2017. More interesting news about Noble Corporation plc (NYSE:NE) were released by: Investorplace.com and their article: “Trade of the Day: Noble Corporation Ordinary Shares (UK) (NYSE:NE)” published on April 12, 2016 as well as Seekingalpha.com‘s news article titled: “Noble Corp.: Complete Fleet Analysis After Paragon Offshore Spin-Off And …” with publication date: July 16, 2014.

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