NOBLE MIDSTREAM Stock Analysis, Valuation (NYSE:NBLX)

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$47.08 $0.29 (0.62%) NBLX stock closing price Aug 17, 2018 (Closing)

View the NOBLE MIDSTREAM stock analysis video on Amigobulls. This is our analyst opinion covering the buy and sell arguments for NBLX stock.

Note: Amigobulls stock rating is our opinion based on the historical performance of the company's fundamentals. It is not indicative of the future performance of the stock.

NOBLE MIDSTREAM Stock Rating 3.4/5

Amigobulls NBLX stock analysis takes into account various financial ratios like relative valuation, NOBLE MIDSTREAM revenue, growth and return on equity based on latest quarter 2018 Q2 financial statements. We also check NOBLE MIDSTREAM dividend performance. NOBLE MIDSTREAM valuation forms a crucial part of our stock analysis. Our NOBLE MIDSTREAM stock rating is based on company's fundamentals like balance sheet risk and cash flow position.

Should you buy NBLX stock?

  • The Year Over Year (YoY) revenue growth for NOBLE MIDSTREAM was 94.3% in 2018-03.
  • The TTM operating margin was good at 56.71 for NOBLE MIDSTREAM.
  • Net margins stood at a healthy 54% (average) for NOBLE MIDSTREAM in the Trailing Twelve Months.
  • The company has a healthy dividend yield of 4.1.
  • NOBLE MIDSTREAM's return on invested capital of 23.4 is good.
  • The LTM ROE of 29.2 for NOBLE MIDSTREAM is attractive.

Should you sell NBLX stock?

  • The company is trading at a price to sales multiple of 5.3, which is higher in comparison to the Oils-Energy sector average of 1.6, making NBLX stock expensive.
  • The company has a negative free cash flow margin of -118.6.

Comments on this video and NOBLE MIDSTREAM stock

Investors can make use of the Amigobulls NOBLE MIDSTREAM stock analysis to ascertain how NBLX stock fares in fundamental analysis investment criteria. Company's fundamentals remain one of the key driver of NBLX stock and helps investors in making good buy and sell decision.

While doing a study of the company financials, NOBLE MIDSTREAM revenue growth and profit or net income are two main metrics which help in identifying whether NBLX stock is overvalued or undervalued. Technical analysis comes in handy to check whether the market sentiment is in line with the fundamental picture of the company.