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The price of Transocean Ltd (NYSE: RIG) closed at $4.03 in the last session, down -2.66% from day before closing price of $4.14. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 18.6 million shares were traded. RIG stock price reached its highest trading level at $4.05 during the session, while it also had its lowest trading level at $3.96.
Ratios:
We take a closer look at RIG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.63.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 12 ’24 when Perestroika bought 1,500,000 shares for $4.13 per share. The transaction valued at 6,195,000 led to the insider holds 91,074,894 shares of the business.
Perestroika (Cyprus) Ltd bought 1,500,000 shares of RIG for $6,195,000 on Sep 12 ’24. The Director now owns 91,074,894 shares after completing the transaction at $4.13 per share. On Sep 12 ’24, another insider, Mohn Frederik Wilhelm, who serves as the Director of the company, bought 1,500,000 shares for $4.13 each. As a result, the insider paid 6,195,000 and bolstered with 91,074,894 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RIG now has a Market Capitalization of 3528144384 and an Enterprise Value of 10355144704. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 3.364 whereas that against EBITDA is 13.572.
Stock Price History:
Over the past 52 weeks, RIG has reached a high of $7.05, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is -8.65%, while the 200-Day Moving Average is calculated to be -23.26%.
Shares Statistics:
According to the various share statistics, RIG traded on average about 19.27M shares per day over the past 3-months and 16855160 shares per day over the past 10 days. A total of 809.03M shares are outstanding, with a floating share count of 731.02M. Insiders hold about 16.50% of the company’s shares, while institutions hold 69.36% stake in the company. Shares short for RIG as of 1728950400 were 149670606 with a Short Ratio of 7.77, compared to 1726185600 on 153847134. Therefore, it implies a Short% of Shares Outstanding of 149670606 and a Short% of Float of 19.229999.
Earnings Estimates
The dynamic stock of Transocean Ltd (RIG) is currently attracting attention from 12.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.04, with high estimates of $0.14 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.07 and -$0.23 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is $0.25, with 11.0 analysts recommending between $0.43 and $0.1.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $943.83M. It ranges from a high estimate of $982M to a low estimate of $929M. As of the current estimate, Transocean Ltd’s year-ago sales were $722.56MFor the next quarter, 14 analysts are estimating revenue of $983.43M. There is a high estimate of $1.04B for the next quarter, whereas the lowest estimate is $942M.
A total of 17 analysts have provided revenue estimates for RIG’s current fiscal year. The highest revenue estimate was $3.6B, while the lowest revenue estimate was $3.48B, resulting in an average revenue estimate of $3.55B. In the same quarter a year ago, actual revenue was $2.83BBased on 17 analysts’ estimates, the company’s revenue will be $3.95B in the next fiscal year. The high estimate is $4.25B and the low estimate is $3.64B.
