Transocean Ltd. (RIG): Price and Financial Metrics

Transocean Ltd. (RIG): $6.24

0.13 (-2.04%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

D

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Industry: Energy - Drilling

Industry

F

Ranked

#13 of 15

in industry

RIG Price/Volume Stats

Current price $6.24 52-week high $8.88
Prev. close $6.37 52-week low $3.65
Day low $6.22 Volume 17,895,500
Day high $6.37 Avg. volume 17,708,217
50-day MA $7.02 Dividend yield N/A
200-day MA $7.02 Market Cap 5.05B

RIG Stock Price Chart Interactive Chart >

RIG POWR Grades

  • Momentum is the dimension where RIG ranks best; there it ranks ahead of 83.46% of US stocks.
  • The strongest trend for RIG is in Stability, which has been heading up over the past 177 days.
  • RIG's current lowest rank is in the Sentiment metric (where it is better than 0.47% of US stocks).

RIG Stock Summary

  • RIG's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.15 -- higher than just 2.17% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of TRANSOCEAN LTD's sales and general administrative expense to its total operating expenses; only 5.54% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, TRANSOCEAN LTD is reporting a growth rate of -3,000%; that's higher than just 0.61% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to TRANSOCEAN LTD are VST, TNP, AG, EBR, and HNRG.
  • RIG's SEC filings can be seen here. And to visit TRANSOCEAN LTD's official web site, go to www.deepwater.com.

RIG Valuation Summary

  • RIG's price/sales ratio is 2; this is 25% higher than that of the median Energy stock.
  • RIG's price/sales ratio has moved down 0.6 over the prior 243 months.

Below are key valuation metrics over time for RIG.

Stock Date P/S P/B P/E EV/EBIT
RIG 2023-11-24 2.0 0.5 -4.4 -45.5
RIG 2023-11-22 1.9 0.5 -4.2 -44.7
RIG 2023-11-21 1.9 0.5 -4.2 -44.7
RIG 2023-11-20 1.9 0.5 -4.3 -45.0
RIG 2023-11-17 1.9 0.5 -4.4 -45.4
RIG 2023-11-16 1.9 0.5 -4.2 -44.5

RIG Growth Metrics

    The 3 year cash and equivalents growth rate now stands at -50.34%.
  • Its 5 year net income to common stockholders growth rate is now at -338.06%.
  • Its 4 year price growth rate is now at -88.1%.
Over the past 34 months, RIG's revenue has gone down $518,000,000.

The table below shows RIG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 2,575 448 -621
2022-09-30 2,590 455 -531
2022-06-30 2,525 366 -633
2022-03-31 2,489 478 -668
2021-12-31 2,556 575 -592
2021-09-30 2,625 668 -369

RIG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • RIG has a Quality Grade of C, ranking ahead of 58.76% of graded US stocks.
  • RIG's asset turnover comes in at 0.123 -- ranking 126th of 137 Petroleum and Natural Gas stocks.
  • CLR, BCEI, and TREC are the stocks whose asset turnover ratios are most correlated with RIG.

The table below shows RIG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.123 0.340 0.005
2021-06-30 0.128 0.349 0.023
2021-03-31 0.138 0.378 0.010
2020-12-31 0.139 0.365 0.001
2020-09-30 0.140 0.352 0.001
2020-06-30 0.138 0.330 -0.037

RIG Price Target

For more insight on analysts targets of RIG, see our RIG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $2.56 Average Broker Recommendation 2.32 (Moderate Sell)

Transocean Ltd. (RIG) Company Bio


Transocean Ltd. is a provider of offshore contract drilling services for oil and gas wells. The company focuses on deepwater and harsh environment drilling services. The company was founded in 1953 and is based in Vernier, Switzerland.


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Latest RIG News From Around the Web

Below are the latest news stories about TRANSOCEAN LTD that investors may wish to consider to help them evaluate RIG as an investment opportunity.

Why Is Transocean (RIG) Down 4.8% Since Last Earnings Report?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | November 29, 2023

These 3 Magnificent Stocks Keep Driving Higher

Three great stocks that exemplify these particular lessons are Ferrari (NYSE: RACE), with its 64% gain over the past year, Transocean (NYSE: RIG) and its 49% jump, and General Electric's (NYSE: GE) 72% rise. One of the top-performing auto companies in the world over the past year is Ferrari, and it's not because the company is transitioning to electric vehicles (EVs) or adding products in new markets. You can see below that Ferrari's operating margin is second to none in the auto industry and they're not declining like some competitors.

Yahoo | November 17, 2023

12 Best High Beta Stocks to Buy Now

In this article, we will take a look at the 12 best high beta stocks to buy now. To skip our analysis of the recent market trends and market activity, you can go directly to see the 5 Best High Beta Stocks to Buy Now. Understanding the concept of beta is important before walking into […]

Yahoo | November 7, 2023

Despite Spooky Start, Transocean Walking Out of Graveyard

Despite another quarter of losses, Transocean argues it is still poised for a strong 2024.

Yahoo | November 3, 2023

Transocean Ltd. (NYSE:RIG) Q3 2023 Earnings Call Transcript

Transocean Ltd. (NYSE:RIG) Q3 2023 Earnings Call Transcript October 31, 2023 Operator: Good day everyone and welcome to today’s Q3 2023 Transocean’s Earnings Call. [Operator Instructions] Please note this call maybe recorded. It is now my pleasure to turn today’s program over to Alison Johnson, Director of Investor Relations. Please go ahead. Alison Johnson: Thank […]

Yahoo | November 1, 2023

Read More 'RIG' Stories Here

RIG Price Returns

1-mo -6.17%
3-mo -22.77%
6-mo 0.00%
1-year 61.66%
3-year 187.56%
5-year -24.82%
YTD 36.84%
2022 65.22%
2021 19.48%
2020 -66.42%
2019 -0.86%
2018 -35.02%

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