Transocean Inc (NYSE:RIG) shares traded -2.74% down during most recent session to reach at the closing price of $8.51. The stock exchanged hands 13.14 Million shares versus average trading capacity of 13.31 Million shares, yielding a market cap of $3.32 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $11.1 within the next 52-weeks. The mean target projections are based on 31 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Transocean Inc (NYSE:RIG) high price target of $21 and with a conservative view have low price target of $7.

Bernstein “Downgrades” Transocean Inc (NYSE:RIG) in a research note issued to investors on 7/06/17 to Market Perform with price target of $0.

Additionally on 5/17/17 Odeon Capital “Initiates Coverage On” Transocean Inc (NYSE:RIG) to Sell setting price target at $8 and on 4/28/17 Fearnleys “Upgrades” the stock to Buy at $0. Furthermore on 2/03/17 Credit Suisse “Upgrades” the stock to Outperform at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 47.51 along with Average True Range (ATR 14) of 0.36, Consequently Transocean Inc (NYSE:RIG)’s weekly and monthly volatility is 4.21%, 4.14% respectively. The company’s beta value is at 1.62.

In terms of Buy, Sell or Hold recommendations, Transocean Inc (NYSE:RIG) has analysts’ mean recommendation of 3.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Transocean Inc (NYSE:RIG)’s minimum EPS for the current quarter is at $-0.23 and can go high up to $0.08. The consensus mean EPS for the current quarter is at $-0.09 derived from a total of 31 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.17 earnings per share for the same quarter during last year.

Previously Transocean Inc (NYSE:RIG) reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.07 by $0.08. The company posted an earnings surprise of 114.3%.

While considering growth estimates of the company, it has next quarter growth estimates of -156% whereas during current quarter it has -152.9% estimations over growth, comparing to the estimations of -124.6% during current year and -158.1% for next year. Past 5 years growth of Transocean Inc (NYSE:RIG) observed at -33.82%, looking forward for the next 5 years it has a strong prediction of 5% over growth.

Transocean Inc (NYSE:RIG)’s revenue estimates for the current quarter are $711.17 Million according to 24 number of analysts, for the current quarter the company has high revenue estimates of $742 Million in contradiction of low revenue estimates of $671 Million. For the current year the company’s revenue estimates are $2.79 Billion compared to low analyst estimates of $2.62 Billion and high estimates of $2.91 Billion according to 26 number of analysts.

Currently Transocean Inc (NYSE:RIG)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 81.1%. However the six-month change in the insider ownership was recorded -2.37%, as well as three-month change in the institutional ownership was recorded 0.03%.

Transocean Inc (NYSE:RIG) 52-week high price stands at $16.66 and low price stands at $7.67, its price distance from 52-week high is -48.92% while its distance from 52-week low price is 10.95%. The stock hit its 52-week high on 12/12/16, and 52-week low on 06/21/17.

Transocean Inc (NYSE:RIG)’s trailing twelve month revenues are $3.61 Billion, whereas its price to sales ratio for the same period is 0.92. Its book value per share for the most recent quarter is $40.77 while its price to book ratio for the same period is 0.21, as for as the company’s cash per share for the most recent quarter is $7.93, however its price to cash per share ratio for the same period is 1.07. The stock has 5 year expected PEG ratio of 1.04 whereas its trailing twelve month P/E ratio is 5.21.