Transocean Ltd [RIG] stock is trading at $2.98, down -1.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RIG shares have gain 11.61% over the last week, with a monthly amount drifted -20.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Transocean Ltd [NYSE: RIG] stock has seen the most recent analyst activity on January 15, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $5 from $6. Previously, Barclays upgraded its rating to Overweight on December 18, 2024, and kept the price target unchanged to $4.50. On December 06, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $5 on the stock. The Benchmark Company downgraded its rating to a Hold. Citigroup downgraded its rating to a Neutral. DNB Markets upgraded its rating to Buy for this stock on September 03, 2024. In a note dated April 08, 2024, Susquehanna upgraded an Positive rating on this stock and boosted its target price from $5.50 to $9.
Transocean Ltd [RIG] stock has fluctuated between $2.55 and $6.88 over the past year. Currently, Wall Street analysts expect the stock to reach $3.65 within the next 12 months. Transocean Ltd [NYSE: RIG] shares were valued at $2.98 at the most recent close of the market. An investor can expect a potential return of 22.48% based on the average RIG price forecast.
Analyzing the RIG fundamentals
Transocean Ltd [NYSE:RIG] reported sales of 3.52B for the trailing twelve months, which represents a growth of 28.48%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.05 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.90 points at the first support level, and at 2.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.08, and for the 2nd resistance point, it is at 3.18.
Ratios To Look Out For
For context, Transocean Ltd’s Current Ratio is 1.47. As well, the Quick Ratio is 1.21, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 0.25.
Transactions by insiders
Recent insider trading involved Mackenzie Roderick James, EVP, Chief Commercial Officer, that happened on Feb 11 ’25 when 22000.0 shares were sold. EVP, Chief Commercial Officer, Mackenzie Roderick James completed a deal on Jan 10 ’25 to sell 22000.0 shares. Meanwhile, EVP, Chief Commercial Officer Mackenzie Roderick James sold 22000.0 shares on Dec 12 ’24.
