Zacks Research Has Negative View of Transocean Q1 Earnings

Transocean Ltd. (NYSE:RIG) – Research analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of Transocean in a report released on Monday, December 16th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider will post earnings per share of ($0.02) for the quarter, down from their previous forecast 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 Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.09 EPS, Q3 2026 earnings at $0.08 EPS and FY2026 earnings at $0.23 EPS.

Several other equities research analysts have also recently weighed in on the company. Benchmark restated a “hold” rating on shares of Transocean in a research note on Tuesday, December 3rd. Susquehanna dropped their price objective on Transocean from $7.00 to $6.50 and set a “positive” rating for the company in a research report on Friday, November 1st. StockNews.com upgraded Transocean to a “sell” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. raised shares of Transocean from an “underweight” rating to a “neutral” rating and set a $5.00 target price for the company in a report on Friday, December 6th. Finally, Barclays upgraded shares of Transocean from an “equal weight” rating to an “overweight” rating and set a $4.50 price target on the stock in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.25.

Transocean Stock Performance

NYSE RIG opened at $3.55 on Thursday. The firm’s 50 day simple moving average is $4.19 and its 200 day simple moving average is $4.71. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of -4.73 and a beta of 2.75. The company has a current ratio of 1.64, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64. Transocean has a 1 year low of $3.53 and a 1 year high of $6.88.

Insider Activity at Transocean

In related news, EVP Roderick James Mackenzie sold 20,000 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $4.29, for a total value of $85,800.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.16% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new position in Transocean during the 2nd quarter worth approximately $64,000. Nisa Investment Advisors LLC bought a new position in Transocean during the second quarter worth $30,000. Southern Capital Advisors LLC acquired a new position in Transocean in the second quarter valued at $96,000. Bank of New York Mellon Corp boosted its position in Transocean by 18.3% during the second quarter. Bank of New York Mellon Corp now owns 16,858,264 shares of the offshore drilling services provider’s stock valued at $90,192,000 after acquiring an additional 2,606,017 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its holdings in Transocean by 19.8% during the 2nd quarter. Verdence Capital Advisors LLC now owns 30,235 shares of the offshore drilling services provider’s stock worth $162,000 after acquiring an additional 5,000 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

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.