Q1 Earnings Estimate for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Research analysts at Zacks Research cut their Q1 2025 EPS estimates for shares of Transocean in a note issued to investors on Monday, March 10th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider will post earnings per share of ($0.04) for the quarter, down from their prior forecast of ($0.02). The consensus estimate for Transocean’s current full-year earnings is $0.14 per share. Zacks Research also issued estimates for Transocean’s Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.05 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.04 EPS and FY2026 earnings at $0.16 EPS.

A number of other research analysts have also weighed in on RIG. TD Cowen cut their target price on shares of Transocean from $6.50 to $5.50 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Benchmark reissued a “hold” rating on shares of Transocean in a research report on Tuesday, December 3rd. SEB Equity Research set a $2.80 target price on Transocean in a research note on Wednesday, March 5th. Evercore ISI downgraded Transocean from an “outperform” rating to an “in-line” rating and dropped their price target for the stock from $6.00 to $5.00 in a research report on Wednesday, January 15th. Finally, Barclays reduced their price objective on Transocean from $4.50 to $4.00 and set an “overweight” rating for the company in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $5.42.

Transocean Trading Down 4.5 %

NYSE:RIG opened at $2.85 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.47 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average is $3.62 and its 200-day moving average is $4.01. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of -3.90, a P/E/G ratio of 0.86 and a beta of 2.72. Transocean has a 12 month low of $2.55 and a 12 month high of $6.88.

Transocean (NYSE:RIG) last released its quarterly earnings results on Monday, February 17th. The offshore drilling services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.11). Transocean had a negative return on equity of 0.52% and a negative net margin of 14.53%. The company had revenue of $952.00 million for the quarter, compared to the consensus estimate of $962.28 million.

Institutional Trading of Transocean

Institutional investors and hedge funds have recently modified their holdings of the stock. Twin Tree Management LP acquired a new position in Transocean during the fourth quarter valued at approximately $27,000. Optiver Holding B.V. boosted its position in shares of Transocean by 53.6% during the fourth quarter. Optiver Holding B.V. now owns 8,400 shares of the offshore drilling services provider’s stock worth $32,000 after purchasing an additional 2,933 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Transocean by 96.2% in the 4th quarter. Blue Trust Inc. now owns 9,841 shares of the offshore drilling services provider’s stock valued at $37,000 after buying an additional 4,826 shares during the period. Adero Partners LLC bought a new stake in shares of Transocean in the 4th quarter valued at $38,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Transocean during the 4th quarter worth $40,000. 67.73% of the stock is owned by institutional investors.

Insider Transactions at Transocean

In related news, EVP Roderick James Mackenzie sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $3.85, for a total value of $84,700.00. Following the transaction, the executive vice president now owns 313,072 shares in the company, valued at $1,205,327.20. This trade represents a 6.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 13.16% of the stock is currently owned by insiders.

Transocean Company Profile

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters.