The leading market experts have placed a mean price target of $11.63 on Transocean Partners LLC (NYSE:RIGP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.40 a share for the upcoming quarter and $1.92 for the current fiscal.
The technical analysis of Transocean Partners LLC Common plainly substantiates that the 50-day moving average of Transocean Partners LLC Common is $12.12, and stock is trading $-0.37 points away or -3.06% from its 50-day moving average of $12.12. Further it is trading $1.13 or +10.62% away its 200-day moving average of $10.62. Transocean Partners LLC (NYSE:RIGP) 52-week high is $13.47 and the 52-week low is $5.89.
This explains if the stock moves $-1.72, it will post a 52-week high. In event of +99.49% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Transocean Partners LLC Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Transocean Partners LLC (NYSE:RIGP) ratio came in at N/A.
The stock last ended the trading session at $11.75 and registered a market cap of $804.89M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Transocean Partners LLC (NYSE:RIGP) PEG ratio is at 0.48.
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