Transocean opened at 56.76 on Monday. Transocean has a 52-week low of $39.32 and a 52-week high of $59.03. The stock?s 50-day moving average is currently $49.60. The company?s market cap is $20.401 billion.
Transocean last issued its quarterly earnings data on Monday, November 5th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.60. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the previous year, the company posted ($0.20) earnings per share. The company?s revenue for the quarter was up 20.3% on a year-over-year basis. On average, analysts predict that Transocean will post $3.47 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Transocean from $58.00 to $60.00 in a research note to investors on Friday, January 18th. They now have an ?outperform? rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Transocean from $47.00 to $49.00 in a research note to investors on Thursday, January 17th. They now have a ?hold? rating on the stock. Finally, analysts at Wells Fargo reiterated an ?outperform? rating on shares of Transocean in a research note to investors on Thursday, January 3rd.
Transocean Ltd. (Transocean) is an international provider of offshore contract drilling services for oil and gas wells.