Q1 Earnings Forecast for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – 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 forecasts that the offshore drilling services provider will post earnings per share of ($0.02) for the quarter, down from their prior 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 research firms have also commented on RIG. Benchmark restated a “hold” rating on shares of Transocean in a report on Tuesday, December 3rd. DNB Markets upgraded shares of Transocean from a “hold” rating to a “buy” rating in a report on Tuesday, September 3rd. Morgan Stanley increased their price target on Transocean from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. upgraded Transocean from an “underweight” rating to a “neutral” rating and set a $5.00 price objective on the stock in a research note on Friday, December 6th. Finally, Susquehanna decreased their price target on Transocean from $7.00 to $6.50 and set a “positive” rating for the company in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $6.25.

Transocean Trading Up 1.1 %

Transocean stock traded up $0.04 during midday trading on Thursday, reaching $3.66. The stock had a trading volume of 2,846,845 shares, compared to its average volume of 18,602,320. The stock has a market capitalization of $3.21 billion, a PE ratio of -4.88 and a beta of 2.75. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.64. The stock’s 50-day simple moving average is $4.21 and its 200 day simple moving average is $4.71. Transocean has a twelve month low of $3.54 and a twelve month high of $6.88.

Insider Buying and Selling at Transocean

In other news, EVP Roderick James Mackenzie sold 20,000 shares of the business’s stock in a transaction that occurred 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 approximately $1,333,576.53. The trade was a 6.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.16% of the stock is currently owned by insiders.

Institutional Trading of Transocean

Several institutional investors have recently added to or reduced their stakes in RIG. SG Americas Securities LLC bought a new stake in shares of Transocean during the 2nd quarter valued at about $64,000. Nisa Investment Advisors LLC bought a new position in shares of Transocean during the second quarter valued at approximately $30,000. Southern Capital Advisors LLC acquired a new stake in shares of Transocean during the 2nd quarter worth approximately $96,000. Bank of New York Mellon Corp lifted its stake in Transocean by 18.3% in 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 buying an additional 2,606,017 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Transocean by 19.8% during the second quarter. Verdence Capital Advisors LLC now owns 30,235 shares of the offshore drilling services provider’s stock valued at $162,000 after acquiring an additional 5,000 shares during the period. Institutional investors own 67.73% of the company’s stock.

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.