Talos Energy Inc (NYSE: TALO) has seen a decline in its stock price by -5.17 in relation to its previous close of 10.78. However, the company has experienced a -5.96% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-07 that ADMA, VERX, TRGP, EBMT and TALO have been added to the Zacks Rank #1 (Strong Buy) List on October 7, 2024.
Is It Worth Investing in Talos Energy Inc (NYSE: TALO) Right Now?
The price-to-earnings ratio for Talos Energy Inc (NYSE: TALO) is 375.83x, which is above its average ratio. Moreover, the 36-month beta value for TALO is 1.93. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TALO is 134.64M and currently, short sellers hold a 9.84% of that float. On October 15, 2024, TALO’s average trading volume was 2.42M shares.
TALO’s Market Performance
TALO stock saw a decrease of -5.96% in the past week, with a monthly decline of -8.73% and a quarterly a decrease of -13.30%. The volatility ratio for the week is 2.98%, and the volatility levels for the last 30 days are 3.68% for Talos Energy Inc (TALO). The simple moving average for the last 20 days is -6.12% for TALO stock, with a simple moving average of -16.37% for the last 200 days.
Analysts’ Opinion of TALO
Many brokerage firms have already submitted their reports for TALO stocks, with Mizuho repeating the rating for TALO by listing it as a “Outperform.” The predicted price for TALO in the upcoming period, according to Mizuho is $16 based on the research report published on September 19, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see TALO reach a price target of $14. The rating they have provided for TALO stocks is “Buy” according to the report published on July 22nd, 2024.
Citigroup gave a rating of “Buy” to TALO, setting the target price at $16.50 in the report published on March 22nd of the current year.
TALO Trading at -8.55% 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 -39.83% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares sank -11.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.24% upper at present.
During the last 5 trading sessions, TALO fell by -6.21%, which changed the moving average for the period of 200-days by -28.86% in comparison to the 20-day moving average, which settled at $10.89. In addition, Talos Energy Inc saw -28.16% 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 100,000 shares at the price of $10.31 back on Sep 27 ’24. After this action, Control Empresarial de Capital now owns 43,545,604 shares of Talos Energy Inc, valued at $1,030,980 using the latest closing price.
Control Empresarial de Capital, the Add’l Rep. Persons-see Ex.99-1 of Talos Energy Inc, purchase 336,700 shares at $10.19 during a trade that took place back on Sep 26 ’24, which means that Control Empresarial de Capital is holding 43,445,604 shares at $3,430,502 based on the most recent closing price.
Stock Fundamentals for TALO
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.26 for the gross margin
The net margin for Talos Energy Inc stands at -0.01. The total capital return value is set at 0.05. Equity return is now at value -0.68, with -0.29 for asset returns.
Based on Talos Energy Inc (TALO), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 1.5.
Currently, EBITDA for the company is 931.38 million with net debt to EBITDA at 1.29. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 4.22for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
To wrap up, the performance of Talos Energy Inc (TALO) has been bad in recent times. The stock has received a bullish of “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.
