Transocean Ltd (NYSE:RIG) Share Price Recovers 25.38% From Its Lows, But Can It Maintain Its Rise?

In last trading session, Transocean Ltd (NYSE:RIG) saw 40.79 million shares changing hands with its beta currently measuring 2.53. Company’s recent per share price level of $2.64 trading at -$0.06 or -2.22% at ring of the bell on the day assigns it a market valuation of $2.33B. That closing price of RIG’s stock is at a discount of -126.52% from its 52-week high price of $5.98 and is indicating a premium of 25.38% from its 52-week low price of $1.97.

For Transocean Ltd (RIG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.40. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Transocean Ltd (NYSE:RIG) trade information

Upright in the red during last session for losing -2.22%, in the last five days RIG remained trading in the red while hitting it’s week-highest on Wednesday, 06/18/25 when the stock touched $2.64 price level, adding 18.77% to its value on the day. Transocean Ltd’s shares saw a change of -48.74% in year-to-date performance and have moved -17.76% in past 5-day. Transocean Ltd (NYSE:RIG) showed a performance of 6.02% in past 30-days.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 34.0% to its current value. Analysts have been projecting 2.8 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -6.06% in reaching the projected high whereas dropping to the targeted low would mean a loss of -6.06% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.05% during past 5 years.

Transocean Ltd (NYSE:RIG)’s Major holders

VANGUARD GROUP INC is the top institutional holder at RIG for having 73.12 million shares of worth $391.21 million. And as of 2024-06-30, it was holding 8.8742 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 64.85 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.8705 of outstanding shares, having a total worth of $346.96 million.

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