Revenue Estimates Analysis Noble Corporation plc (NE)

Contrarius Investment Management Ltd acquired 1.18M shares as Noble Corp Plc (NE)'s stock declined 34.72%. Urban now forecasts that the oil and gas company will earn ($1.19) per share for the year, down from their previous forecast of ($1.10).

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide.

Consequently Noble Corp (NYSE:NE)'s weekly and monthly volatility is 5.67%, 5.30% respectively. About 10.66M shares traded or 41.93% up from the average.

Noble Corp (NYSE:NE) down -6.76% to close at the price of $5.38.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company's market cap is $1.33 Billion. It has a 40.24 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers. Meeder Asset Management Inc. boosted its stake in Noble Corporation by 114.7% in the second quarter. Aerie Pharmaceuticals Inc (NASDAQ:AERI) was reduced too. Its down 0.18, from 0.96 in 2017Q2. However, the institutional investors are observed to own 92.70% of the total shares. 38 funds opened positions while 60 raised stakes. (NYSE:V). Cordasco Fincl reported 1,000 shares. Miracle Mile Advisors Ltd Llc has invested 0.13% in Visa Inc.

Noble Corporation (NYSE:NE)'s stock had its "sell" rating reiterated by analysts at RBC Capital Markets in a note issued to investors on Friday.

Noble Corp (NYSE:NE)'s trailing twelve month revenues are $1.32 Billion, whereas its price to sales ratio for the same period is 1. The company has its outstanding shares of 244.43M. Noble Corporation plc (NYSE:NE) has declined 46.66% since January 16, 2017 and is downtrending. Jefferies maintained Noble Corporation plc (NYSE:NE) on Friday, November 3 with "Buy" rating. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 8,432 shares. Cambridge Investment accumulated 65,446 shares.

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However out of 19 analysts 3 suggest Noble Corp (NYSE:NE) a Strong Buy, 7 suggested Buy, 14 Hold and 7 Sell, while 3 analysts recommend the stock a Strong Sell. Therefore 26% are positive.

Noble (NYSE:NE) last released its earnings results on Thursday, November 2nd. Howard Weil maintained Noble Corporation plc (NYSE:NE) on Friday, July 31 with "Sector Outperform" rating. Noble Corp (NYSE:NE) has a current PEG of 0. The rating was upgraded by Morgan Stanley on Thursday, February 2 to "Equal-Weight". The third largest holder is State Street Corp, which now holds $105.64 million worth of this stock and that ownership represents almost 8% of its market capitalization. The stock has "Neutral" rating by Bank of America on Friday, January 20.

Ratings analysis reveals 0 of Genuine Parts's analysts are positive. The lowest target is $95.0 while the high is $102.0. This company shares are -17.29% up from its target price of $4.45 and the current market capitalization stands at $1.32B. Eight investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have assigned a buy rating to the stock. The rating was downgraded by Bernstein on Thursday, July 6 to "Underperform". The rating was initiated by Aegis Capital with "Buy" on Wednesday, October 26. They expect $1.06 EPS, up 3.92% or $0.04 from last year's $1.02 per share.

EPS Estimate for the next year is -1.46.

According to analysts Noble Corp (NYSE:NE)'s minimum EPS for the current quarter is at $-0.48 and can go high up to $-0.25. As the name implies that ABR will show you the Average of Brokerage Recommendations on a given stock. Rhumbline Advisers lifted its holdings in shares of Noble by 12.4% during the 2nd quarter. Heron Therapeutics, Inc. (NASDAQ:HRTX) has declined 20.92% since January 16, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. The company now has an average rating of "Hold" and an average target price of $7.76.

Raffles Associates Lp holds 1.93% of its portfolio in J.W. Mays, Inc. for 44,939 shares. Pinebridge Ltd Partnership invested in 0.7% or 275,032 shares. Cwm Ltd Liability invested in 10,148 shares or 0% of the stock. D E Shaw Co Inc, a New York-based fund reported 449,297 shares.

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