Q2 Earnings Estimate for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Research analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of Transocean in a note issued to investors on Monday, December 16th. Zacks Research analyst N. Choudhury now expects that the offshore drilling services provider will earn $0.02 per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for Transocean’s current full-year earnings is ($0.15) per share. Zacks Research also issued estimates for Transocean’s FY2025 earnings at $0.14 EPS and Q2 2026 earnings at $0.02 EPS.

A number of other research analysts have also recently weighed in on the stock. StockNews.com upgraded shares of Transocean to a “sell” rating in a research note on Tuesday, November 12th. Citigroup lowered Transocean from a “buy” rating to a “neutral” rating in a report on Thursday, September 12th. Barclays upgraded Transocean from an “equal weight” rating to an “overweight” rating and set a $4.50 target price on the stock in a research note on Wednesday. Morgan Stanley lifted their price objective on Transocean from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Thursday, October 3rd. Finally, DNB Markets raised shares of Transocean from a “hold” rating to a “buy” rating in a report on Tuesday, September 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $6.25.

Transocean Price Performance

Shares of NYSE RIG opened at $3.62 on Wednesday. The company has a market capitalization of $3.17 billion, a PE ratio of -4.83 and a beta of 2.75. The company has a quick ratio of 1.34, a current ratio of 1.64 and a debt-to-equity ratio of 0.64. The stock’s 50 day moving average price is $4.21 and its 200-day moving average price is $4.71. Transocean has a twelve month low of $3.54 and a twelve month high of $6.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in Transocean by 138.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,633 shares of the offshore drilling services provider’s stock valued at $25,000 after purchasing an additional 2,693 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of Transocean during the 2nd quarter valued at $30,000. Orion Portfolio Solutions LLC bought a new stake in shares of Transocean during the 3rd quarter worth $46,000. Atria Investments Inc purchased a new position in Transocean in the third quarter worth $51,000. Finally, Kovitz Investment Group Partners LLC increased its stake in Transocean by 34.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 15,877 shares of the offshore drilling services provider’s stock valued at $62,000 after acquiring an additional 4,027 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Activity at Transocean

In other Transocean news, EVP Roderick James Mackenzie sold 20,000 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $4.29, for a total value of $85,800.00. Following the transaction, the executive vice president now directly owns 310,857 shares in the company, valued at $1,333,576.53. This represents a 6.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.16% of the stock is owned by corporate 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.