Capital One Financial Comments on Transocean Q2 Earnings

Key Points

• Capital One Financial has projected Transocean will report a Q2 2025 earnings per share (EPS) of ($0.03), while the consensus estimate for the full fiscal year stands at $0.14 per share.
• Shares of Transocean have experienced **rating changes** from several analysts, with Morgan Stanley reducing its price target from $4.00 to $3.50, while BTIG maintains a 'buy' rating with a target price of $5.00.
• Insider transactions reveal a significant sale of shares by EVP Roderick James Mackenzie, who sold 22,000 shares at an average price of $2.78, decreasing his position by 6.06%.

Transocean Ltd. (NYSE:RIG - Free Report) - Investment analysts at Capital One Financial issued their Q2 2025 EPS estimates for Transocean in a research report issued to clients and investors on Monday, August 4th. Capital One Financial analyst D. Becker anticipates that the offshore drilling services provider will earn ($0.03) per share for the quarter. The consensus estimate for Transocean's current full-year earnings is $0.14 per share. Capital One Financial also issued estimates for Transocean's Q3 2026 earnings at ($0.01) EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at $0.08 EPS.

A number of other analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Transocean from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. BTIG Research set a $5.00 target price on shares of Transocean and gave the company a "buy" rating in a research report on Monday, May 5th. Morgan Stanley lowered their price target on shares of Transocean from $4.00 to $3.50 and set an "equal weight" rating on the stock in a research report on Friday, May 16th. Finally, Susquehanna dropped their price target on shares of Transocean from $5.00 to $4.00 and set a "positive" rating for the company in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Transocean has an average rating of "Hold" and an average price target of $4.20.

Transocean Stock Performance

Shares of NYSE RIG traded down $0.09 during midday trading on Wednesday, hitting $2.95. 23,245,039 shares of the company's stock were exchanged, compared to its average volume of 30,521,492. The company has a quick ratio of 1.06, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The company's 50 day moving average price is $2.85 and its 200 day moving average price is $2.90. Transocean has a 12 month low of $1.97 and a 12 month high of $5.32. The firm has a market capitalization of $2.60 billion, a PE ratio of -1.58, a price-to-earnings-growth ratio of 6.48 and a beta of 2.52.

Institutional Trading of Transocean

Hedge funds have recently added to or reduced their stakes in the stock. Vise Technologies Inc. bought a new position in shares of Transocean during the second quarter valued at $146,000. Wedbush Securities Inc. lifted its holdings in Transocean by 40.2% in the second quarter. Wedbush Securities Inc. now owns 15,350 shares of the offshore drilling services provider's stock valued at $40,000 after buying an additional 4,400 shares during the period. Moors & Cabot Inc. boosted its position in Transocean by 14.7% during the second quarter. Moors & Cabot Inc. now owns 27,350 shares of the offshore drilling services provider's stock valued at $71,000 after acquiring an additional 3,500 shares during the last quarter. Bank of Montreal Can grew its holdings in Transocean by 6.4% during the 2nd quarter. Bank of Montreal Can now owns 159,347 shares of the offshore drilling services provider's stock worth $413,000 after acquiring an additional 9,527 shares during the period. Finally, Murphy Pohlad Asset Management LLC lifted its stake in shares of Transocean by 9.0% in the 2nd quarter. Murphy Pohlad Asset Management LLC now owns 116,000 shares of the offshore drilling services provider's stock valued at $300,000 after purchasing an additional 9,600 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Insider Transactions at Transocean

In other news, EVP Roderick James Mackenzie sold 22,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $2.78, for a total value of $61,160.00. Following the completion of the transaction, the executive vice president owned 340,841 shares of the company's stock, valued at approximately $947,537.98. This represents a 6.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.27% of the stock is currently owned by corporate insiders.

About Transocean

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters.