NE vs. VAL, RIG, PTEN, HP, HPK, BORR, PDS, NBR, ICD, and AMNI
Should you be buying Noble stock or one of its competitors? The main competitors of Noble include Valaris (VAL), Transocean (RIG), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Nabors Industries (NBR), Independence Contract Drilling (ICD), and American Noble Gas (AMNI). These companies are all part of the "drilling oil & gas wells" industry.
Noble (NYSE:NE) and Valaris (NYSE:VAL) are both mid-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, community ranking, institutional ownership, risk, earnings, valuation, media sentiment and analyst recommendations.
In the previous week, Valaris had 1 more articles in the media than Noble. MarketBeat recorded 4 mentions for Valaris and 3 mentions for Noble. Valaris' average media sentiment score of 1.30 beat Noble's score of 0.00 indicating that Valaris is being referred to more favorably in the news media.
Noble currently has a consensus target price of $60.50, suggesting a potential upside of 30.22%. Valaris has a consensus target price of $99.20, suggesting a potential upside of 28.17%. Given Noble's higher probable upside, research analysts plainly believe Noble is more favorable than Valaris.
Valaris received 2 more outperform votes than Noble when rated by MarketBeat users. Likewise, 36.36% of users gave Valaris an outperform vote while only 28.57% of users gave Noble an outperform vote.
Valaris has lower revenue, but higher earnings than Noble. Valaris is trading at a lower price-to-earnings ratio than Noble, indicating that it is currently the more affordable of the two stocks.
68.1% of Noble shares are held by institutional investors. Comparatively, 96.7% of Valaris shares are held by institutional investors. 1.1% of Noble shares are held by company insiders. Comparatively, 0.1% of Valaris shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Valaris has a net margin of 44.93% compared to Noble's net margin of 17.94%. Noble's return on equity of 7.94% beat Valaris' return on equity.
Noble has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500. Comparatively, Valaris has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500.
Summary
Valaris beats Noble on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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