Talos Energy Inc (NYSE: TALO) has experienced a decline in its stock price by -4.53 compared to its previous closing price of 13.35. However, the company has seen a fall of -3.30% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-06 that Talos Energy (TALO) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.01 per share a year ago.
Is It Worth Investing in Talos Energy Inc (NYSE: TALO) Right Now?
Talos Energy Inc (NYSE: TALO) has a higher price-to-earnings ratio of 7.88x compared to its average ratio, The 36-month beta value for TALO is at 1.96. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TALO is 145.99M, and currently, shorts hold a 7.94% of that float. The average trading volume for TALO on May 07, 2024 was 1.63M shares.
TALO’s Market Performance
TALO stock saw a decrease of -3.30% in the past week, with a monthly decline of -11.49% and a quarterly a decrease of 6.12%. The volatility ratio for the week is 3.16%, and the volatility levels for the last 30 days are 2.95% for Talos Energy Inc (TALO). The simple moving average for the past 20 days is -6.49% for TALO’s stock, with a -12.14% 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 -5.34% 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 -27.54% of loss for the given period.
Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -11.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.00% lower at present.
During the last 5 trading sessions, TALO fell by -2.66%, which changed the moving average for the period of 200-days by -16.53% in comparison to the 20-day moving average, which settled at $13.55. In addition, Talos Energy Inc saw -10.44% 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 2.42. 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 conclusion, Talos Energy Inc (TALO) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.
