Q2 Earnings Estimate for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Zacks Research reduced their Q2 2025 EPS estimates for shares of 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 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.

A number of other equities analysts have also recently issued reports on RIG. Barclays cut their price objective on Transocean from $6.00 to $4.50 and set an “equal weight” rating for the company in a report on Wednesday, October 23rd. Benchmark reaffirmed a “hold” rating on shares of Transocean in a research note on Tuesday, December 3rd. DNB Markets raised shares of Transocean from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. Susquehanna lowered their price objective on shares of Transocean from $7.00 to $6.50 and set a “positive” rating for the company in a report on Friday, November 1st. Finally, Morgan Stanley increased their target price on shares of Transocean from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 3rd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $6.25.

Transocean Stock Down 1.3 %

RIG opened at $3.68 on Wednesday. The business’s fifty day simple moving average is $4.22 and its 200 day simple moving average is $4.72. Transocean has a 52 week low of $3.54 and a 52 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 stock has a market cap of $3.22 billion, a PE ratio of -4.91 and a beta of 2.75.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its position in shares of Transocean by 138.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,633 shares of the offshore drilling services provider’s stock worth $25,000 after buying an additional 2,693 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in Transocean in the second quarter worth $30,000. Orion Portfolio Solutions LLC bought a new stake in Transocean in the third quarter valued at $46,000. Atria Investments Inc purchased a new position in Transocean during the 3rd quarter valued at $51,000. Finally, Kovitz Investment Group Partners LLC raised its holdings in Transocean by 34.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 15,877 shares of the offshore drilling services provider’s stock worth $62,000 after purchasing an additional 4,027 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Transactions at Transocean

In other news, EVP Roderick James Mackenzie sold 20,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $4.29, for a total transaction 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 approximately $1,333,576.53. This represents a 6.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company 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.