In the last trading session, 38.69 million Transocean Ltd (NYSE:RIG) shares changed hands as the company’s beta touched 2.53. With the company’s per share price at $2.87 changed hands at $0.11 or 3.99% during last session, the market valuation stood at $2.53B. RIG’s last price was a discount, traded about -108.36% off its 52-week high of $5.98. The share price had its 52-week low at $1.97, which suggests the last value was 31.36% up since then.
Analysts gave the Transocean Ltd (RIG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.30. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended RIG as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
Transocean Ltd (NYSE:RIG) trade information
Instantly RIG was in green as seen at the end of in last trading. With action 12.55%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -23.47%, with the 5-day performance at 12.55% in the green. However, in the 30-day time frame, Transocean Ltd (NYSE:RIG) is 14.80% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 28.25% from its current market value. According to analyst projections, RIG’s forecast low is 2.8 with 5 as the target high. To hit the forecast high, the stock’s price needs a -74.22% plunge from its current level, while the stock would need to tank 2.44% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.05%. The 2025 estimates are for Transocean Ltd earnings to increase by 108.16%.
RIG Dividends
Transocean Ltd is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.8705% or 64.85 million shares worth $346.96 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and SMALLCAP WORLD FUND INC . With 25.05 shares estimated at $71.88 million under it, the former controlled 2.84% of total outstanding shares. On the other hand, SMALLCAP WORLD FUND INC held about 2.30% of the shares, roughly 20.3 shares worth around $58.25 million.
