Price Target Analysis of Transocean Ltd. (NYSE:RIG)

Transocean Ltd. (NYSE:RIG) Provides Offshore Contract Drilling For Oil And Gas Wells Worldwide. Belonging to the Oils-Energy sector which surged 0.28% and closed its last trading session at $10.66.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/2/2016. Currently, the stock has a 1 Year Price Target of $9.21.

The consensus recommendation, according to Zacks Investment research, is 3.51. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.64 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.71 and 3.63 respectively.

Transocean Ltd. on 6/30/2016 reported its EPS as $0.17 with the analysts projecting the EPS of the stock as $-0.01. The company beat the analyst EPS Estimate with the difference of $0.18. This shows a surprise factor of 1800%.

Many analysts have provided their estimated foresights on Transocean Ltd. Earnings, with 33 analysts believing the company would generate an Average Estimate of $0.13. Whereas they predicted High and Low Earnings Estimate as $0.49 and $-0.01 respectively. While in the same Quarter Previous year, the Actual EPS was $0.87.

Analysts are also projecting an Average Revenue Estimate for Transocean Ltd. as $862.54 Million in the Current Quarter. This estimate is provided by 26 analysts. The High Revenue estimate is predicted as 919 Million, while the Low Revenue Estimate prediction stands at 821 Million. The company’s last year sales total was 1.61 Billion.

For the Current Quarter, the growth estimate for Transocean Ltd. is -85.1%, while for the Next Quarter the stock growth estimate is -92.2%. In the past 5 years, the stock showed growth of 6.52% per annum. While for the next 5 years, the growth estimate is -77.4%.

The Company got Upgrade by Credit Suisse on 23-Sep-16 from Underperform to Neutral.

Insider Trades for Transocean Ltd. show that the latest trade was made on 27 May 2016 where Mey (Mark Anthony Lovell), the Chief Financial Officer completed a transaction type “Sell” in which 31763 shares were traded at a price of $9.85.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 1500 shares were traded. 1 Insider Sales transactions were made totaling 5324 shares traded.

29 analysts projected Price Targets for Transocean Ltd.. The analysts believe that the company stock price could grow as high as $14. The Low Price target projection by analysts is $4.65 and the Mean Price Target is $9.21.

Transocean Ltd. (NYSE:RIG) has the market capitalization of $3.88 Billion. The company rocked its 52-Week High of $17.19 on Oct 9, 2015 and touched its 52-Week Low of $7.67 on Feb 24, 2016. The stock has Return on Assets (ROA) of 4.8 percent. Return on Equity (ROE) stands at 8.7% and Return on Investment (ROI) of 5.1 percent.

The stock is currently showing YTD performance of -13.89 Percent. The company has Beta Value of 1.86 and ATR value of 0.49. The Weekly and Monthly Volatility stands at 6.46% and 4.91%.

Company profile:

Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops, and produces oil and gas resources. The company is based in Houston, Texas.