Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 42.89M but it saw 54148873 shares traded in last market. With a market cap of 2.73B USD, the company’s current market price of $3.09 came falling about -3.74 while comparing to the previous closing price of $3.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.98 and as low as $1.97.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Evercore ISI which downgraded the stock as “In-line” in its note to investors issued on January 15, 2025, recommending a price target of between $6 and $5 for it. Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on December 18, 2024 while assigning a price target of $4.50. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock is $5.
Over the week, RIG’s stock price is moving -3.44% down while it is 19.31% when we observe its performance for the past one month. Year-to-date it is -17.60% down and over the past year, the stock is showing a downside performance of -40.23%.
The company is expected to be releasing its next quarterly report on 2025-Apr-28, for which analysts forecasted an EPS of -0.02 while estimate for next year EPS is 0.0. In next quarter, company is expected to be making quarterly sales of $983.1M as analysts are expecting the sales for current fiscal year at $3.85B and seeing the company making $3.85B in sales next year. Moreover, analysts are in estimates of $972.37M for current-quarter revenue.
Currently, Transocean Ltd’s total number of outstanding shares is 883.26M. Company’s return on investment (ROI) stands at -4.27% and return on equity (ROE) at -6.65%. It has a 28.58 of forward P/E ratio. Stock’s beta reads 2.53. Stock has a price to book (P/B) ratio of 0.27 while price to sale or P/S ratio amounts to 0.74. Its return on asset (ROA) is -3.54% on average.
