Transocean Partners LLC (NYSE:RIGP) Projected EPS At $0.40 For Next Quarter


Transocean Partners LLC (NYSE:RIGP) has a mean price target of $11.63 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.40 a share for the very next quarter and $1.90 for this year.

Technical View

The technical study of Transocean Partners LLC Common demonstrates that the 50-day moving average of Transocean Partners LLC (NYSE:RIGP) stock is $11.79, and is trading $-1.05 points away or -8.91% from 50-day moving average of $11.79. It is trading $-0.48 or -4.29% away 200-day moving average of $11.22.

The 52-week high of Transocean Partners LLC (NYSE:RIGP) was $13.47 while $5.89 is the low mark in the same period. It state Transocean Partners LLC Common share price has to surge more than $-2.73 to hit 52-week high or drop +82.34% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Transocean Partners LLC Common , investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Transocean Partners LLC (NYSE:RIGP) ratio came in at N/A, after dividing current equity price by yearly earnings. Transocean Partners LLC Common stock recorded a close of $10.74 in last trading session, registering a market cap of $735.70M.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Transocean Partners LLC (NYSE:RIGP) PEG ratio is at 0.43.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 35 times, 1 visits today)