Q2 EPS Estimates for Transocean Cut by Capital One Financial

Transocean Ltd. (NYSE:RIG) – Equities researchers at Capital One Financial reduced their Q2 2025 EPS estimates for shares of Transocean in a research report issued on Thursday, October 31st. Capital One Financial analyst D. Becker now anticipates that the offshore drilling services provider will earn $0.02 per share for the quarter, down from their prior forecast of $0.03. The consensus estimate for Transocean’s current full-year earnings is ($0.18) per share. Capital One Financial also issued estimates for Transocean’s Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.19 EPS.

Transocean (NYSE:RIG) last released its earnings results on Wednesday, July 31st. The offshore drilling services provider reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.07). The company had revenue of $861.00 million for the quarter, compared to the consensus estimate of $862.25 million. Transocean had a negative net margin of 18.81% and a negative return on equity of 1.48%. The firm’s revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the company earned ($0.15) earnings per share.

Other analysts have also recently issued reports about the stock. Citigroup cut shares of Transocean from a “buy” rating to a “neutral” rating in a research note on Thursday, September 12th. Morgan Stanley upped their price target on shares of Transocean from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Thursday, October 3rd. Benchmark cut shares of Transocean from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th. StockNews.com upgraded shares of Transocean to a “sell” rating in a research note on Thursday, October 10th. Finally, Barclays lowered their target price on shares of Transocean from $6.00 to $4.50 and set an “equal weight” rating on the stock in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Transocean presently has an average rating of “Hold” and a consensus target price of $6.63.

Transocean Stock Performance

Shares of RIG stock opened at $4.24 on Friday. The stock has a market capitalization of $3.71 billion, a P/E ratio of -5.65 and a beta of 2.78. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.64. The firm’s 50 day moving average is $4.34 and its 200 day moving average is $5.08. Transocean has a 12 month low of $3.85 and a 12 month high of $7.05.

Hedge Funds Weigh In On Transocean

Several institutional investors and hedge funds have recently made changes to their positions in the business. Atria Investments Inc bought a new position in shares of Transocean during the 3rd quarter valued at $51,000. Harbor Capital Advisors Inc. grew its holdings in shares of Transocean by 19.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 33,442 shares of the offshore drilling services provider’s stock valued at $142,000 after purchasing an additional 5,344 shares during the last quarter. Murphy Pohlad Asset Management LLC grew its holdings in shares of Transocean by 8.4% during the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 106,950 shares of the offshore drilling services provider’s stock valued at $455,000 after purchasing an additional 8,300 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of 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 purchasing an additional 151,507 shares during the last quarter. Finally, Glenorchy Capital Ltd grew its holdings in shares of Transocean by 34.0% during the 3rd quarter. Glenorchy Capital Ltd now owns 586,219 shares of the offshore drilling services provider’s stock valued at $2,491,000 after purchasing an additional 148,755 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Transactions at Transocean

In related news, Director Perestroika purchased 1,500,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were purchased at an average price of $4.13 per share, with a total value of $6,195,000.00. Following the acquisition, the director now directly owns 91,074,894 shares of the company’s stock, valued at approximately $376,139,312.22. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 13.16% 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.