The price-to-earnings ratio for Talos Energy Inc (NYSE: TALO) is above average at 8.20x, Company’s 36-month beta value is 2.00.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TALO is 145.30M, and currently, short sellers hold a 8.66% ratio of that floaft. The average trading volume of TALO on April 18, 2024 was 2.29M shares.
TALO) stock’s latest price update
The stock price of Talos Energy Inc (NYSE: TALO) has dropped by -0.30 compared to previous close of 13.31. Despite this, the company has seen a fall of -7.59% in its stock price over the last five trading days. Reuters reported 2024-03-18 that U.S. oil and gas producer Talos Energy said on Monday it will sell its carbon capture and sequestration unit to French firm TotalEnergies for about $148 million.
TALO’s Market Performance
Talos Energy Inc (TALO) has experienced a -7.59% fall in stock performance for the past week, with a 2.00% rise in the past month, and a 5.91% rise in the past quarter. The volatility ratio for the week is 3.29%, and the volatility levels for the past 30 days are at 3.06% for TALO.. The simple moving average for the past 20 days is -4.31% for TALO’s stock, with a -8.87% simple moving average for the past 200 days.
Analysts’ Opinion of TALO
Many brokerage firms have already submitted their reports for TALO stocks, with Citigroup repeating the rating for TALO by listing it as a “Buy.” The predicted price for TALO in the upcoming period, according to Citigroup is $16.50 based on the research report published on March 22, 2024 of the current year 2024.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see TALO reach a price target of $24. The rating they have provided for TALO stocks is “Buy” according to the report published on November 21st, 2023.
Stephens gave a rating of “Overweight” to TALO, setting the target price at $21 in the report published on April 25th of the previous year.
TALO Trading at 0.34% 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 -24.56% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares sank -0.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.68% upper at present.
During the last 5 trading sessions, TALO fell by -7.59%, which changed the moving average for the period of 200-days by -4.33% in comparison to the 20-day moving average, which settled at $13.87. In addition, Talos Energy Inc saw -6.75% 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 Control Empresarial de Capital, who purchase 60,556 shares at the price of $12.82 back on Mar 15 ’24. After this action, Control Empresarial de Capital now owns 35,922,904 shares of Talos Energy Inc, valued at $776,328 using the latest closing price.
Control Empresarial de Capital, the Add’l Rep. Persons-see Ex.99-1 of Talos Energy Inc, purchase 645,838 shares at $12.80 during a trade that took place back on Mar 14 ’24, which means that Control Empresarial de Capital is holding 35,862,348 shares at $8,267,372 based on the most recent closing price.
Stock Fundamentals for TALO
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.39 for the gross margin
The net margin for Talos Energy Inc stands at 0.13. The total capital return value is set at 0.05. Equity return is now at value 11.28, with 4.76 for asset returns.
Based on Talos Energy Inc (TALO), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is 1.3.
Currently, EBITDA for the company is 931.38 million with net debt to EBITDA at 1.19. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 5.25for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In a nutshell, Talos Energy Inc (TALO) has experienced a mixed 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.
