DO
Price
$12.05
Change
-$0.28 (-2.27%)
Updated
Feb 23, 6:59 PM EST
2 days until earnings call
RIG
Price
$4.67
Change
-$0.13 (-2.70%)
Updated
Feb 23, 6:59 PM EST
64 days until earnings call
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Analysis and predictions DO vs RIG

Header iconDO vs RIG Comparison
Open Charts DO vs RIGBanner chart's image
Diamond Offshore Drilling
Price$12.05
Change-$0.28 (-2.27%)
Volume$263.98K
CapitalizationN/A
Transocean
Price$4.67
Change-$0.13 (-2.70%)
Volume$8.65M
CapitalizationN/A
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DO vs RIG Comparison Chart

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DODaily Signal changed days agoGain/Loss if shorted
 
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RIGDaily Signal changed days agoGain/Loss if shorted
 
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VS
DO vs. RIG commentary
Feb 25, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is DO is a Hold and RIG is a Hold.

COMPARISON
Comparison
Feb 25, 2024
Stock price -- (DO: $12.05 vs. RIG: $4.67)
Brand notoriety: DO and RIG are both notable
Both companies represent the Contract Drilling industry
Current volume relative to the 65-day Moving Average: DO: 77% vs. RIG: 115%
Market capitalization -- DO: $1.23B vs. RIG: $3.78B
DO [@Contract Drilling] is valued at $1.23B. RIG’s [@Contract Drilling] market capitalization is $3.78B. The market cap for tickers in the [@Contract Drilling] industry ranges from $6.18B to $0. The average market capitalization across the [@Contract Drilling] industry is $1.67B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

DO’s FA Score shows that 1 FA rating(s) are green whileRIG’s FA Score has 0 green FA rating(s).

  • DO’s FA Score: 1 green, 4 red.
  • RIG’s FA Score: 0 green, 5 red.
According to our system of comparison, DO is a better buy in the long-term than RIG.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

DO’s TA Score shows that 5 TA indicator(s) are bullish while RIG’s TA Score has 4 bullish TA indicator(s).

  • DO’s TA Score: 5 bullish, 5 bearish.
  • RIG’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, both DO and RIG are a good buy in the short-term.

Price Growth

DO (@Contract Drilling) experienced а +1.26% price change this week, while RIG (@Contract Drilling) price change was -4.50% for the same time period.

The average weekly price growth across all stocks in the @Contract Drilling industry was -2.09%. For the same industry, the average monthly price growth was -1.61%, and the average quarterly price growth was -7.29%.

Reported Earning Dates

DO is expected to report earnings on May 06, 2024.

RIG is expected to report earnings on Apr 29, 2024.

Industries' Descriptions

@Contract Drilling (-2.09% weekly)

The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for DO with price predictions.
OPEN
A.I.dvisor published
a Summary for RIG with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
RIG($3.78B) has a higher market cap than DO($1.23B). DO has higher P/E ratio than RIG: DO (26.78) vs RIG (18.80). DO YTD gains are higher at: -7.308 vs. RIG (-26.457). RIG has higher annual earnings (EBITDA): 549M vs. DO (89.4M). RIG has more cash in the bank: 594M vs. DO (147M). DO has less debt than RIG: DO (674M) vs RIG (7.39B). RIG has higher revenues than DO: RIG (2.7B) vs DO (982M).
DORIGDO / RIG
Capitalization1.23B3.78B33%
EBITDA89.4M549M16%
Gain YTD-7.308-26.45728%
P/E Ratio26.7818.80142%
Revenue982M2.7B36%
Total Cash147M594M25%
Total Debt674M7.39B9%
FUNDAMENTALS RATINGS
DO vs RIG: Fundamental Ratings
DO
RIG
OUTLOOK RATING
1..100
5050
VALUATION
overvalued / fair valued / undervalued
1..100
82
Overvalued
73
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
8193
PRICE GROWTH RATING
1..100
6190
P/E GROWTH RATING
1..100
585
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

RIG's Valuation (73) in the Contract Drilling industry is in the same range as DO (82). This means that RIG’s stock grew similarly to DO’s over the last 12 months.

RIG's Profit vs Risk Rating (100) in the Contract Drilling industry is in the same range as DO (100). This means that RIG’s stock grew similarly to DO’s over the last 12 months.

DO's SMR Rating (81) in the Contract Drilling industry is in the same range as RIG (93). This means that DO’s stock grew similarly to RIG’s over the last 12 months.

DO's Price Growth Rating (61) in the Contract Drilling industry is in the same range as RIG (90). This means that DO’s stock grew similarly to RIG’s over the last 12 months.

DO's P/E Growth Rating (5) in the Contract Drilling industry is significantly better than the same rating for RIG (85). This means that DO’s stock grew significantly faster than RIG’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
DORIG
RSI
ODDS (%)
Bullish Trend 2 days ago
88%
Bullish Trend 2 days ago
84%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
90%
Bullish Trend 2 days ago
79%
Momentum
ODDS (%)
Bullish Trend 2 days ago
87%
Bearish Trend 2 days ago
80%
MACD
ODDS (%)
Bullish Trend 2 days ago
87%
Bearish Trend 2 days ago
84%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
82%
Bearish Trend 2 days ago
83%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
85%
Bearish Trend 2 days ago
86%
Advances
ODDS (%)
Bullish Trend 3 days ago
83%
Bullish Trend 26 days ago
81%
Declines
ODDS (%)
Bearish Trend 5 days ago
85%
Bearish Trend 2 days ago
84%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
76%
Bullish Trend 2 days ago
85%
Aroon
ODDS (%)
Bearish Trend 2 days ago
84%
Bearish Trend 2 days ago
87%
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DODaily Signal changed days agoGain/Loss if shorted
 
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RIGDaily Signal changed days agoGain/Loss if shorted
 
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