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Is this Large Market Cap Stock target price reasonable for Noble Energy, Inc. (NYSE:NBL)?

The company in question is, Noble Energy, Inc. (NYSE:NBL) currently with a stock price of 35.18 (-0.76% today). The market cap for Noble Energy, Inc. is 15231.88, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Noble Energy, Inc. is 43.63. Currently Noble Energy, Inc. is trading with a P/E of *TBA, and a forward P/E of *TBA. Average volume for Noble Energy, Inc. is 3535.58 and so far today it is 3372500.

Performance in the last year for Noble Energy, Inc. has been -2.01%. For EPS growth, Noble Energy, Inc. has seen a growth of -283.60%, and is looking to grow in the next year to 46.20%. More long term stats show that EPS growth has been -39.10% over the last five years and could be -3.55% for the next five years. Noble Energy, Inc. has seen sales growth quarter over quarter at 14.80%, with EPS growth quarter over quarter at -160.10%. The 20-day simple moving average is 0.62%, with the 200-day simple moving average coming to 4.65%.

Since the IPO date for Noble Energy, Inc. on the 1/4/1982, Noble Energy, Inc. has seen performance year to date to be 7.78%. With Noble Energy, Inc. trading at 35.18, the dividend yield is 1.14%, and the EPS is -6.77.

So could Noble Energy, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 4.73 and the P/B is at 1.56. The P/cash is 11.72, with P/free cash flow at *TBA.

Noble Energy, Inc. ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 1.5. This is with long term debt/equity at 0.81, and total debt/equity at 0.82.

In terms of margins, Noble Energy, Inc. has a gross margin of 88.10%, an operating margin of -88.90% and a profit margin of -90.50%.Payout ratio for Noble Energy, Inc. is *TBA. Return on assets come to -12.10% with return on investment coming to -14.60%.

Insider ownership for Noble Energy, Inc., is at 1.00% and institutional ownership comes to 95.80%. Outstanding shares are at 432.97. While shares float is 420.07. The float short is currently 2.62%, and short ratio is 3.11.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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