Q2 Earnings Estimate for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Equities research analysts at Zacks Research decreased their Q2 2025 earnings estimates for Transocean in a research note issued 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 previous 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.

RIG has been the subject of several other reports. Citigroup lowered shares of Transocean from a “buy” rating to a “neutral” rating in a research report on Thursday, September 12th. StockNews.com upgraded Transocean to a “sell” rating in a report on Tuesday, November 12th. Benchmark restated a “hold” rating on shares of Transocean in a research report on Tuesday, December 3rd. Susquehanna lowered 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. Finally, DNB Markets upgraded shares of Transocean from a “hold” rating to a “buy” rating in a report on Tuesday, September 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.25.

Transocean Price Performance

Shares of Transocean stock opened at $3.62 on Wednesday. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of -4.83 and a beta of 2.75. The company has a fifty day moving average of $4.21 and a 200-day moving average of $4.71. Transocean has a 52-week low of $3.54 and a 52-week high of $6.88. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.64.

Insider Activity

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

Institutional Trading of Transocean

Large investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of Transocean by 7.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,606,320 shares of the offshore drilling services provider’s stock valued at $49,327,000 after buying an additional 826,229 shares in the last quarter. International Assets Investment Management LLC lifted its position in Transocean by 335.3% during the 3rd quarter. International Assets Investment Management LLC now owns 196,699 shares of the offshore drilling services provider’s stock valued at $836,000 after acquiring an additional 151,507 shares during the period. MetLife Investment Management LLC boosted its stake in Transocean by 125.9% during the third quarter. MetLife Investment Management LLC now owns 415,031 shares of the offshore drilling services provider’s stock worth $1,764,000 after acquiring an additional 231,334 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Transocean by 214.3% in the second quarter. The Manufacturers Life Insurance Company now owns 382,362 shares of the offshore drilling services provider’s stock worth $2,046,000 after purchasing an additional 260,710 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Transocean during the third quarter valued at approximately $670,000. 67.73% of the stock is owned by institutional investors.

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.