You Need To Know About Analysts Ratings on: Transocean Ltd. (RIG)

Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period.

Insider Trades for Transocean Ltd. show that the latest trade was made on 29 May 2017 where Mey (Mark Anthony Lovell), the Chief Financial Officer completed a transaction type "Sell" in which 31110 shares were traded at a price of $9.55.

Transocean Inc (NYSE:RIG)'s trailing twelve month revenues are $3.41 Billion, whereas its price to sales ratio for the same period is 1. Next quarter's EPS is expected be $-0.17 with next year's EPS projected to be $-1.02. Zacks' EPS averages are a mean average based on a survey of research analysts that that provide coverage for Transocean.

Shares of Transocean (RIG) opened at 8.75 on Wednesday. We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitabiliy, valuation, risk, dividends and analyst recommendations. Transocean had a return on equity of 2.57% and a net margin of 17.28%. A favorite tool among technical stock analysts is the moving average. Sanford C. Bernstein lowered Transocean from an outperform rating to a market perform rating and cut their price target for the company from $16.50 to $9.00 in a research note on Thursday, July 6th.

Transocean Ltd (Switzerland) Common Stock (NYSE:RIG) was upped by Goldman Sachs from a Sell rating to a solid Neutral rating in a note shared with investors and clients on 9 August. Federated Investors Inc. PA bought a new stake in shares of Transocean during the fourth quarter valued at about $101,000. Out of 33 Wall Street analysts rating Transocean Ltd, 9 give it "Buy", 9 "Sell" rating, while 15 recommend "Hold". Transocean presently has an average rating of Hold and a consensus price target of $13.06. Currently Transocean Ltd. (RIG) stock is moving with Upswing trend. Share performance for the month is now at 11.04%.

Transocean Ltd. (RIG)'s distance from 200 day simple moving average is -24.76 percent, its distance from 50 day simple moving average is 1.95 percent, while its distance from 20 day simple moving average is 2.3 percent. Transocean has a 52-week low of $7.67 and a 52-week high of $16.66.

Looking about the past performance history, the company jumped -6.79% for the last five trades and exhausted -2.71% in one month period.

A number of hedge funds have recently modified their holdings of the stock. As of the end of the quarter Oz Management Lp had acquired 120,600 shares growing its stake by 1,629.7%. WFG Advisors LP now owns 8,856 shares of the offshore drilling services provider's stock worth $110,000 after buying an additional 2,562 shares during the last quarter. Transocean Partners pays an annual dividend of $1.45 per share and has a dividend yield of 8.1%. Public Employees Retirement Association of Colorado now owns 12,340 shares of the offshore drilling services provider's stock worth $102,000 after buying an additional 1,394 shares during the last quarter. Neuberger Berman Group LLC now owns 13,315 shares of the offshore drilling services provider's stock worth $166,000 after buying an additional 521 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Transocean by 20.0% in the first quarter. The offshore drilling services provider reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.09.

Investors may be trying to find stocks that are building momentum.

Transocean Ltd., launched on August 18, 2008, is an global provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill gas and oil wells.

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