|Bid||5.70 x 2900|
|Ask||5.76 x 1000|
|Day's range||5.56 - 5.76|
|52-week range||2.32 - 7.74|
|Beta (5Y monthly)||2.90|
|PE ratio (TTM)||N/A|
|Earnings date||22 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||21 Aug 2015|
|1y target est||6.85|
With a price-to-earnings (or "P/E") ratio of 70.7x Transocean Holdings Bhd. ( KLSE:TOCEAN ) may be sending very bearish...
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Transocean (RIG) expects $2.9-$3 billion revenues in 2023, based on 96.5% revenue efficiency. It also anticipates an adjusted contract drilling revenue of $635 million and an approximate 15% rise in the number of wells drilled offshore.