Media stories about Noble (NYSE:NE) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Noble earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 45.8391346727448 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Noble (NE) opened at $5.10 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.64. The firm has a market cap of $1,249.33, a P/E ratio of -0.69 and a beta of 2.34. Noble has a 1 year low of $3.14 and a 1 year high of $7.76.

Noble (NYSE:NE) last posted its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported ($0.36) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.36). The firm had revenue of $266.20 million during the quarter, compared to analysts’ expectations of $269.61 million. Noble had a negative net margin of 136.22% and a negative return on equity of 3.94%. The firm’s quarterly revenue was down 30.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.23) EPS. analysts expect that Noble will post -1.18 earnings per share for the current fiscal year.

Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Noble from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Cowen set a $5.00 price target on shares of Noble and gave the company a “hold” rating in a research note on Thursday, January 11th. Susquehanna Bancshares set a $5.00 price target on shares of Noble and gave the company a “hold” rating in a research note on Friday, January 12th. Piper Jaffray Companies reissued an “underweight” rating on shares of Noble in a research note on Thursday, January 11th. Finally, Jefferies Group set a $6.00 price target on shares of Noble and gave the company a “buy” rating in a research note on Thursday, January 4th. Eight investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.41.

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Noble Company Profile

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.

Insider Buying and Selling by Quarter for Noble (NYSE:NE)

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