Transocean has a P/B Ratio of 0.51. Sign in to your free account to enjoy all that MarketBeat has to offer. If you do not, click Cancel. How were Transocean's earnings last quarter? Schlumberger Ltd. agreed to combine its offshore contract-drilling operations with Transocean Offshore Inc. in a $3.26 billion stock transaction that creates the world's largest offshore-energy . Dear Community, the latest update for TransOcean 2: Rivals just set sail today! That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Projected EPS Growth looks at the estimated growth rate for one year. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. But, it's made even more meaningful when looking at the longer-term 4 week percent change. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Here's a preview of what to expect when these three firms report quarterly results after markets close Tuesday afternoon. So the PEG ratio tells you what you're paying for each unit of earnings growth. Explaining the rationale for the transaction, Transocean in September said the deal would increase "Transocean's . 12.29% of the stock of Transocean is held by insiders. STEINHAUSEN, Switzerland, May 03, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $99 million, $0.16 per diluted share, for. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Our daily ratings and market update email newsletter. Thursday's additional top analyst upgrades and downgrades included Alcoa, British American Tobacco, Capital One Financial, EOG Resources, Johnson Controls, Traeger, Transocean and Vale. dvelopper et amliorer nos produits et services. Growth traders and investors will tend to look for growth rates of 20% or higher. Credit Suisse Securities (USA) LLC is acting as financial advisor to Ocean Rig. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. The company was founded in 1926 and is based in Steinhausen,. The scores are based on the trading styles of Value, Growth, and Momentum. 8 brokerages have issued 12 month target prices for Transocean's shares. Jeremy D. Thigpen has an approval rating of 60% among the company's employees. Transocean (RIG) Reports Q4 Loss, Lags Revenue Estimates, Transocean (RIG) Expands Its Backlog to $8.5 billion, Transocean (RIG) Bets on GSR for Deep-Sea Mineral Exploration. Zacks Ranks stocks can, and often do, change throughout the month. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). A D/E ratio of 1 means its debt is equivalent to its common equity. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Transocean Ltd. (RIG) NYSE - NYSE Delayed Price. These returns cover a period from January 1, 1988 through January 2, 2023. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. And margin rates can vary significantly across these different groups. Below, we examine the compound annual growth rate CAGR for short of an investment into Transocean shares, starting with a $10,000 purchase of RIG, presented on a split-history-adjusted basis factoring in the complete Transocean stock split history. Learn more about Zacks Equity Research reports. But, typically, an aggressive growth trader will be interested in the higher growth rates. Transocean (RIG) Announces $488 Million Addition to Backlog. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. ROE is always expressed as a percentage. Transocean will pay approximately $2 He has had recent activist campaigns at Sandridge, Energen and Occidental Petroleum and had previously ousted Michael Talbert, the chairman of Transocean Ltd The Deal Icahn has publicly offered $15 a share for Commercial Metals, an offer that totals about $1 Below is a list of employers that have announced significant changes to their defined benefit . Transocean has only been the subject of 3 research reports in the past 90 days. Based upon closing prices for each. de C.V., TILAM Holdings Limited, TRM Holdings Limited, TSSA - Servicos de Apoio Lda., Transocean Africa Drilling Limited, Transocean Asia Services Sdn Bhd, Transocean Asset Holdings 1 Limited, Transocean Asset Holdings 2 Limited, Transocean Asset Holdings 3 Limited, Transocean Atlas Limited, Transocean Barents ASA, Transocean Brasil Ltda., Transocean Britannia Limited, Transocean Canada Drilling Services Ltd., Transocean Conqueror Limited, Transocean Conqueror Opco LLC, Transocean Corporate Services Limited, Transocean Cyprus Capital Management Public Limited, Transocean Cyprus Drilling Operations Public Limited, Transocean Deepwater Drilling Services Limited, Transocean Deepwater Holdings Limited, Transocean Deepwater Inc., Transocean Deepwater Mauritius, Transocean Deepwater Nautilus Limited, Transocean Deepwater Seafarer Services Limited, Transocean Discoverer 534 LLC, Transocean Drilling Enterprises S.a.r.l., Transocean Drilling Israel Ltd., Transocean Drilling Limited, Transocean Drilling Namibia Inc., Transocean Drilling Offshore S.a.r.l., Transocean Drilling Sdn. A value greater than 1, in general, is not as good (overvalued to its growth rate). Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Further, we are confident that we can realize meaningful synergies through our OEM agreements, our overall approach to maintenance and our fleet-wide insurance coverage, among other opportunities., Thigpen concluded, Including the five rigs under construction, and considering the two additional rigs that we have recently decided to recycle, Transoceans pro forma fleet will be comprised of 57 floaters, including many of the most technically capable ultra-deepwater floaters, and harsh environment semisubmersibles in the industry. It is essentially the inverse of the P/E ratio. The Price to Sales ratio or P/S is calculated as price divided by sales. Real-time analyst ratings, insider transactions, earnings data, and more. A higher number is better than a lower number. This is the Air Japan corporate website, where you can view Corporate Information, Flight Routes, Safety/Flight Information, and CSR Information, etc Cause: In accordance with the terms of the merger agreement, each outstanding ordinary share of Transocean immediately prior to the effective time of the merger was reclassified into (1) 0 BP and Transocean . View the best growth stocks for 2023 here. This suggests that the stock has a possible downside of 21.3%. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. But note, different industries have different margin rates that are considered good. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. Get short term trading ideas from the MarketBeat Idea Engine. NYSE and AMEX data is at least 20 minutes delayed. See rankings and related performance below. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. 326 E 8th St #105, Sioux Falls, SD 57103 So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. . 7:58 PM ET. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. It's used by investors as a measure of financial health. In general, a lower number or multiple is usually considered better that a higher one. Transocean is an existing investor in Nauticus Robotics and is investing in the PIPE. A P/B of 2 means it's selling at 2 times its book value. As such, adding Ocean Rigs premium assets to our industry-leading fleet provides us with an increased number of the modern and highly efficient ultra-deepwater drillships preferred by our customers, and better positions us to capitalize on what, we believe, is an imminent recovery in the ultra-deepwater market., Thigpen continued, This combination with Ocean Rig further strengthens our relationships with strategic customers, while expanding our presence in the key markets of Brazil, West Africa and Norway. A ratio of 1 means a company's assets are equal to its liabilities. Cash flow can be found on the cash flow statement. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Top institutional shareholders include Contrarius Investment Management Ltd (4.30%), Van ECK Associates Corp (3.48%), Morgan Stanley (2.54%), Dimensional Fund Advisors LP (2.32%), Two Sigma Investments LP (2.05%) and Two Sigma Advisers LP (1.91%). Visit Performance Disclosure for information about the performance numbers displayed above. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd.