Transocean FY2025 EPS Forecast Increased by Zacks Research

Transocean Ltd. (NYSE:RIG) – Equities researchers at Zacks Research raised their FY2025 earnings estimates for Transocean in a report released on Monday, May 19th. Zacks Research analyst N. Choudhury now expects that the offshore drilling services provider will post earnings per share of $0.01 for the year, up from their previous forecast of ($0.02). The consensus estimate for Transocean’s current full-year earnings is $0.14 per share. Zacks Research also issued estimates for Transocean’s Q1 2026 earnings at $0.02 EPS and FY2026 earnings at $0.16 EPS.

Transocean (NYSE:RIG) last announced its earnings results on Monday, April 28th. The offshore drilling services provider reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.02. Transocean had a negative net margin of 14.53% and a negative return on equity of 0.52%. The business had revenue of $906.00 million during the quarter, compared to the consensus estimate of $884.92 million. During the same period in the prior year, the firm earned ($0.03) earnings per share. The business’s quarterly revenue was up 18.7% compared to the same quarter last year.

A number of other analysts have also issued reports on RIG. Morgan Stanley dropped their target price on Transocean from $4.00 to $3.50 and set an “equal weight” rating on the stock in a research report on Friday, May 16th. Barclays lowered their price objective on Transocean from $4.00 to $3.50 and set an “overweight” rating for the company in a research note on Monday, April 7th. SEB Equity Research set a $2.80 target price on Transocean in a research report on Wednesday, March 5th. Citigroup reduced their target price on Transocean from $4.50 to $3.50 and set a “neutral” rating for the company in a research note on Wednesday, March 19th. Finally, BTIG Research set a $5.00 price target on shares of Transocean and gave the stock a “buy” rating in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4.58.

Transocean Stock Performance

Shares of RIG stock opened at $2.46 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.47 and a quick ratio of 1.34. The company’s fifty day moving average price is $2.58 and its two-hundred day moving average price is $3.39. The firm has a market capitalization of $2.17 billion, a P/E ratio of -3.36, a P/E/G ratio of 0.86 and a beta of 2.52. Transocean has a 12 month low of $1.97 and a 12 month high of $6.25.

Institutional Trading of Transocean

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Transocean by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 78,811,863 shares of the offshore drilling services provider’s stock worth $295,544,000 after buying an additional 931,684 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Transocean by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 40,660,439 shares of the offshore drilling services provider’s stock valued at $128,894,000 after buying an additional 651,843 shares during the last quarter. American Century Companies Inc. raised its stake in Transocean by 10.9% during the first quarter. American Century Companies Inc. now owns 21,348,095 shares of the offshore drilling services provider’s stock worth $67,673,000 after acquiring an additional 2,090,658 shares during the period. Van ECK Associates Corp lifted its holdings in Transocean by 33.9% in the fourth quarter. Van ECK Associates Corp now owns 15,393,873 shares of the offshore drilling services provider’s stock worth $57,727,000 after acquiring an additional 3,895,880 shares during the last quarter. Finally, Keybank National Association OH lifted its holdings in Transocean by 14.2% in the first quarter. Keybank National Association OH now owns 13,480,351 shares of the offshore drilling services provider’s stock worth $42,733,000 after acquiring an additional 1,672,958 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Buying and Selling at Transocean

In related news, EVP Roderick James Mackenzie sold 22,000 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $2.78, for a total transaction of $61,160.00. Following the transaction, the executive vice president now directly owns 340,841 shares in the company, valued at $947,537.98. This trade represents a 6.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.27% of the stock is currently owned by insiders.

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.