Noble (NE) to Release Earnings on Wednesday

Noble (NYSE:NE) will issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.33) per share for the quarter.

Shares of Noble (NE) opened at $4.10 on Monday. 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 has a 12-month low of $3.14 and a 12-month high of $7.39. The firm has a market cap of $1,000.00, a PE ratio of -0.56 and a beta of 2.22.

NE has been the topic of several recent research reports. Royal Bank of Canada set a $5.00 target price on shares of Noble and gave the company a “hold” rating in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of Noble from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. ValuEngine lowered shares of Noble from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Jefferies Group set a $6.00 price target on shares of Noble and gave the company a “buy” rating in a research report on Thursday, January 4th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $2.85 price target on shares of Noble in a research report on Sunday, October 22nd. Eight investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $4.97.

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About Noble

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.

Earnings History for Noble (NYSE:NE)

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