Transocean Ltd. (RIG) EPS Estimated At $-0.22

February 14, 2018 - By Darrin Black

 Transocean Ltd. (RIG) EPS Estimated At $ 0.22
Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.30, from 1.25 in 2017Q2. It is negative, as 66 investors sold Transocean Ltd. shares while 107 reduced holdings. 54 funds opened positions while 110 raised stakes. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported.
Mason Street Advsrs Ltd holds 0.05% or 194,158 shares in its portfolio. C M Bidwell & Assocs Ltd has invested 0.33% in Transocean Ltd. (NYSE:RIG). Acadian Asset Limited Liability Co stated it has 101,730 shares. Gargoyle Inv Advisor Ltd Com reported 59,937 shares. Next Gp Inc Inc has invested 0.01% in Transocean Ltd. (NYSE:RIG). Northwestern Mutual Wealth Mngmt holds 0.02% or 229,551 shares in its portfolio. National Planning Corp stated it has 31,990 shares. Ahl Prns Limited Liability Partnership owns 104,948 shares. State Of Wisconsin Inv Board stated it has 83,307 shares. Sei Invs holds 0.01% of its portfolio in Transocean Ltd. (NYSE:RIG) for 231,189 shares. Fairpointe Capital Limited Liability Company has invested 0.55% in Transocean Ltd. (NYSE:RIG). Goldman Sachs Grp Inc reported 4.01M shares. Royal Bankshares Of Canada holds 1.38 million shares. Canada Pension Plan Investment Board holds 0.04% or 1.80M shares in its portfolio. 70,926 were reported by Teachers Retirement Of The State Of Kentucky.

Analysts expect Transocean Ltd. (NYSE:RIG) to report $-0.22 EPS on February, 22.They anticipate $0.85 EPS change or 134.92 % from last quarter’s $0.63 EPS. After having $0.16 EPS previously, Transocean Ltd.’s analysts see -237.50 % EPS growth. The stock decreased 3.05% or $0.29 during the last trading session, reaching $9.22. About 14.17 million shares traded or 15.32% up from the average. Transocean Ltd. (NYSE:RIG) has risen 15.86% since February 14, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Transocean Ltd. (NYSE:RIG) Ratings Coverage

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 15 have Buy rating, 10 Sell and 15 Hold. Therefore 38% are positive. Transocean Ltd had 103 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, August 9 by Goldman Sachs. The rating was upgraded by Credit Suisse on Friday, September 23 to “Neutral”. The stock has “Buy” rating by Jefferies on Thursday, January 4. The firm has “Hold” rating given on Thursday, October 19 by Piper Jaffray. The firm earned “Hold” rating on Thursday, December 21 by RBC Capital Markets. The firm has “Buy” rating given on Monday, September 25 by UBS. BMO Capital Markets maintained Transocean Ltd. (NYSE:RIG) on Tuesday, July 11 with “Sell” rating. The firm earned “Equal Weight” rating on Tuesday, December 13 by CapitalOne. HSBC initiated the stock with “Hold” rating in Thursday, October 19 report. Sidoti initiated Transocean Ltd. (NYSE:RIG) on Monday, January 18 with “Buy” rating.

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for gas and oil wells worldwide. The company has market cap of $4.22 billion. The firm primarily offers deepwater and harsh environment drilling services. It currently has negative earnings. As of February 9, 2017, it owned or had partial ownership interests in, and operated 56 mobile offshore drilling units that consist of 30 ultra-deepwater floaters, 7 harsh environment floaters, 3 deepwater floaters, 6 midwater floaters, and 10 high-specification jackups.

More notable recent Transocean Ltd. (NYSE:RIG) news were published by: Globenewswire.com which released: “Transocean Initiates Compulsory Acquisition of Remaining Songa Offshore SE Shares” on February 07, 2018, also Seekingalpha.com with their article: “It Is Official: Transocean And Songa Offshore Tie The Knot” published on January 22, 2018, Globenewswire.com published: “Transocean Ltd. Closes the Acquisition of Songa Offshore SE” on January 30, 2018. More interesting news about Transocean Ltd. (NYSE:RIG) were released by: Globenewswire.com and their article: “Transocean Ltd. Provides Update on Extraordinary General Meeting” published on January 16, 2018 as well as Globenewswire.com‘s news article titled: “Transocean Ltd. Announces Successful Results of Voluntary Exchange Offer” with publication date: January 23, 2018.

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