Transocean has moved -2.7% so far today on a volume of 9,801,608, compared to its average of 23,349,712. In contrast, the S&P 500 index moved -0.6%.
Over the last 52 weeks, the stock moved 65.4%, with a high of $5.56 and a low of $2.32. During this time, the stock outperformed the S&P 500 index by 85.5%. Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The mid-cap Energy company has 5,000 full time employees and is based in Steinhausen, Switzerland. Transocean has not offered any dividends in the last year.
Negative Earnings and a Deeply Leveraged Balance Sheet:
|Gross Margins Growth||n/a||-0.81%||4.02%||-5.65%|
|Operating Margins Growth||n/a||-145.89%||283.95%||-132.89%|
|Earnings Per Share||$-4.27||$-2.05||$-0.92||$-0.93|
|Free Cash Flow (MM)||$374||$-47||$133||$367|
|Capital Expenditures (MM)||$-184||$-387||$-265||$-208|
|Net Debt / EBITDA||5.91||6.45||5.69||6.57|
The Market Is Fairly Valuing Transocean:
Compared to the Energy sector's average of 9.11, Transocean has a trailing twelve month price to earnings (P/E) ratio of -4.5 and, based on its Eps guidance of -0.18, an expected P/E ratio of -25.6.
The firm's price to earnings growth (PEG) is -1.53, because its current P/E ratio is negative — so in this case the PEG ratio is not a meaningful indicator of the company's valuation.
Transocean is undervalued in terms of its assets because its price to book (P/B) ratio is 0.3 compared to its sector average of 1.45.
Most of the Market Indicators on Transocean Are Negative:
11 analysts are following Transocean and have set target prices ranging from $3.5 to $8 per share. On average, they have given the company a rating of hold. At today's prices, RIG is trading -9.63% away from its average analyst target price of $5.09 per share, implying an analyst consensus of some upside potential for the stock.
The company has an unusually large proportion of its shares sold short since 18.5% of the company's shares are tied to short positions. Institutions own 58.3% of Transocean's shares, while the insider ownership rate stands at 7.22%. The biggest shareholder is the Vanguard Group, Inc. with a 8% stake in the company worth approximately $277,755,089.