What’s The Story Behind Transocean Ltd. (NYSE:RIG)

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Transocean Ltd. (NYSE:RIG) closed its last session at $12.12. The stock traded within a range of $11.77 and $12.40. The company operates in the Energy sector with a market capitalization of 4.82 Million. Trading volume for Transocean Ltd. was 16.22 Million in its previous trading session. Currently, Transocean Ltd. (NYSE:RIG) has an average volume of 11.67 Million.

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.

Analyst Views

Transocean Ltd. (NYSE:RIG) received a Buy rating from 3 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Transocean Ltd. (NYSE:RIG) touched its 1-Year High price of $16.16 on 01/13/17 and its 1-Year Low price of $ 7.20 on 08/18/17.

EPS & Financials

Transocean Ltd. (NYSE:RIG) reported its EPS in the last quarter as $0.16/Share beating the analyst estimate of $-0.07/Share by a difference of $0.23. This showed a surprise of 328.6% in the last quarter earnings.

For the current quarter, 28 analysts are projecting a mean EPS of $-0.22/share. According to their observations and findings, the stock could provide a high EPS of $0.18/share and a low EPS of $-0.4/share.

Analysts believe that the company has the potential to earn average revenue of $645.05 Million for the current quarter. According to their predictions high & low revenue estimates are 816 Million and 609 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Transocean Ltd. (NYSE:RIG) has a 20-Day average volume of 12.06 Million. According to today’s trading volume Transocean Ltd. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.14 Percent and Institutional ownership of 77 Percent. The return on assets stands at -11.2%, Return on Equity currently is -19.1% and the Return on Investment value is 4.2%.

Transocean Ltd. (NYSE:RIG) gross margin percentage stands at 60.7% while its operating margin for the past trailing twelve month is -65.6 percent and its overall profit margin (ttm) is -84.4 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 14.28% with a 50-Day Simple Moving Average of 14.86 percent. As of today, the company has a SMA200 (200-day simple moving average) of 23.01 Percent. The Stock has YTD (year to date) performance of 13.48 percent.

The TTM operating margin for the company stands at -65.6%. The return on invested capital is at 4.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 5.59.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 23.01%, and has a solid year to date (YTD) performance of 13.48% which means that the stock is constantly adding to its value from the previous fiscal year end price.