Talos Energy Inc. (NYSE: TALO)’s stock price has decreased by -9.83 compared to its previous closing price of 13.33. Despite this, the company has seen a loss of -20.08% in its stock price over the last five trading days. The Wall Street Journal reported on 07/05/21 that Mexico Hands Control of Large Oilfield to Pemex in Dispute With U.S.’s Talos
Is It Worth Investing in Talos Energy Inc. (NYSE: TALO) Right Now?
The price-to-earnings ratio for Talos Energy Inc. (NYSE: TALO) is above average at 2.65x, while the 36-month beta value is 2.28.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Talos Energy Inc. (TALO) is $26.60, which is $16.23 above the current market price. The public float for TALO is 69.64M, and currently, short sellers hold a 8.82% ratio of that floaft. The average trading volume of TALO on March 16, 2023 was 1.27M shares.
TALO’s Market Performance
TALO stock saw a decrease of -20.08% in the past week, with a monthly decline of -36.74% and a quarterly a decrease of -37.10%. The volatility ratio for the week is 7.44%, and the volatility levels for the last 30 days are 5.11% for Talos Energy Inc. (TALO). The simple moving average for the last 20 days is -26.68% for TALO stock, with a simple moving average of -36.64% for the last 200 days.
Analysts’ Opinion of TALO
Many brokerage firms have already submitted their reports for TALO stocks, with Stifel repeating the rating for TALO by listing it as a “Buy.” The predicted price for TALO in the upcoming period, according to Stifel is $27 based on the research report published on October 20th of the previous year 2022.
MKM Partners, on the other hand, stated in their research note that they expect to see TALO reach a price target of $23. The rating they have provided for TALO stocks is “Buy” according to the report published on July 20th, 2022.
Stephens gave a rating of “Overweight” to TALO, setting the target price at $28 in the report published on April 14th of the previous year.
TALO Trading at -33.91% from the 50-Day Moving Average
After a stumble in the market that brought TALO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.84% of loss for the given period.
Volatility was left at 5.11%, however, over the last 30 days, the volatility rate increased by 7.44%, as shares sank -35.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.33% lower at present.
During the last 5 trading sessions, TALO fell by -20.08%, which changed the moving average for the period of 200-days by -44.63% in comparison to the 20-day moving average, which settled at $16.06. In addition, Talos Energy Inc. saw -36.33% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TALO starting from RIVERSTONE HOLDINGS LLC, who sale 10,530 shares at the price of $20.19 back on Jun 17. After this action, RIVERSTONE HOLDINGS LLC now owns 12,291,914 shares of Talos Energy Inc., valued at $212,651 using the latest closing price.
Riverstone Energy Partners V,, the Director of Talos Energy Inc., sale 10,530 shares at $20.19 during a trade that took place back on Jun 17, which means that Riverstone Energy Partners V, is holding 12,291,914 shares at $212,651 based on the most recent closing price.
Stock Fundamentals for TALO
Current profitability levels for the company are sitting at:
- +44.56 for the present operating margin
- +52.65 for the gross margin
The net margin for Talos Energy Inc. stands at +23.12. Equity return is now at value 39.00, with 13.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.
Conclusion
In a nutshell, Talos Energy Inc. (TALO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
