Q1 Earnings Forecast for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Zacks Research reduced their Q1 2025 EPS estimates for Transocean in a research report issued to clients and investors on Monday, December 16th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider will earn ($0.02) per share 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 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.

RIG has been the subject of a number of other research reports. Barclays upgraded shares of Transocean from an “equal weight” rating to an “overweight” rating and set a $4.50 target price for the company in a research report on Wednesday. DNB Markets raised Transocean from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. Susquehanna cut their target price on shares of Transocean from $7.00 to $6.50 and set a “positive” rating for the company in a research note on Friday, November 1st. Citigroup cut shares of Transocean from a “buy” rating to a “neutral” rating in a research note on Thursday, September 12th. Finally, JPMorgan Chase & Co. raised shares of 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. Two investment 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.com, the company has an average rating of “Hold” and an average target price of $6.25.

Transocean Trading Down 0.6 %

Shares of RIG stock opened at $3.53 on Thursday. Transocean has a fifty-two week low of $3.48 and a fifty-two week high of $6.88. 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 business has a fifty day simple moving average of $4.19 and a 200-day simple moving average of $4.71. The stock has a market cap of $3.09 billion, a P/E ratio of -4.71 and a beta of 2.75.

Insider Transactions at Transocean

In related news, EVP Roderick James Mackenzie sold 20,000 shares of Transocean stock in a transaction on Monday, November 18th. The shares were sold at an average price of $4.29, for a total transaction of $85,800.00. Following the transaction, the executive vice president now 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 13.16% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. acquired a new stake in Transocean in the third quarter valued at approximately $157,000. Geode Capital Management LLC lifted its holdings in Transocean by 4.1% in the 3rd quarter. Geode Capital Management LLC now owns 17,245,298 shares of the offshore drilling services provider’s stock worth $73,307,000 after buying an additional 680,242 shares in the last quarter. Abel Hall LLC purchased a new position in Transocean in the 3rd quarter valued at about $65,000. Barclays PLC boosted its holdings in Transocean by 60.1% in the third quarter. Barclays PLC now owns 1,623,924 shares of the offshore drilling services provider’s stock valued at $6,902,000 after purchasing an additional 609,681 shares during the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new stake in Transocean during the 3rd quarter worth approximately $46,000. Institutional investors and hedge funds 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.