FY2025 EPS Estimates for Transocean Lifted by Analyst

Transocean Ltd. (NYSE:RIG) – Stock analysts at Capital One Financial boosted their FY2025 earnings per share (EPS) estimates for Transocean in a research report issued to clients and investors on Monday, October 20th. Capital One Financial analyst D. Becker now forecasts that the offshore drilling services provider will earn $0.03 per share for the year, up from their prior forecast of $0.02. The consensus estimate for Transocean’s current full-year earnings is $0.14 per share. Capital One Financial also issued estimates for Transocean’s Q2 2026 earnings at $0.02 EPS and Q2 2027 earnings at $0.04 EPS.

Other equities analysts also recently issued research reports about the company. Barclays upped their target price on Transocean from $3.50 to $4.00 and gave the company an “overweight” rating in a report on Wednesday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Transocean in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Transocean from a “sell” rating to a “hold” rating in a report on Sunday, August 10th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.26.

Transocean Price Performance

Shares of Transocean stock opened at $3.31 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The company has a market cap of $3.12 billion, a PE ratio of -1.78 and a beta of 2.68. The business has a 50 day moving average of $3.19 and a 200 day moving average of $2.84. Transocean has a 52 week low of $1.97 and a 52 week high of $4.74.

Insiders Place Their Bets

In other news, Director (Cyprus) Ltd Perestroika acquired 4,000,000 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was acquired at an average price of $3.05 per share, for a total transaction of $12,200,000.00. Following the completion of the acquisition, the director owned 95,074,894 shares in the company, valued at $289,978,426.70. This trade represents a 4.39% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Frederik Wilhelm Mohn bought 4,000,000 shares of the business’s stock in a transaction dated Friday, September 26th. The stock was bought at an average cost of $3.05 per share, for a total transaction of $12,200,000.00. Following the completion of the purchase, the director owned 95,074,894 shares of the company’s stock, valued at approximately $289,978,426.70. The trade was a 4.39% increase in their position. The disclosure for this purchase can be found here. 12.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Transocean

A number of institutional investors have recently modified their holdings of RIG. Josh Arnold Investment Consultant LLC purchased a new stake in shares of Transocean in the second quarter worth $26,000. Blume Capital Management Inc. grew its stake in shares of Transocean by 125.9% in the second quarter. Blume Capital Management Inc. now owns 10,560 shares of the offshore drilling services provider’s stock worth $27,000 after acquiring an additional 5,885 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in shares of Transocean in the second quarter worth $27,000. Verum Partners LLC purchased a new stake in shares of Transocean in the second quarter worth $28,000. Finally, Stockman Wealth Management Inc. purchased a new stake in shares of Transocean in the second quarter worth $28,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

About Transocean

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.