Talos Energy Inc. (TALO): What the Financials Tell Us

Talos Energy Inc. (NYSE:TALO) saw an upside of 5.01% to close Friday at $14.46 after adding $0.69 on the day. The 5-day average trading volume is 974,800 shares of the company’s common stock. It has gained $14.60 in the past week and touched a new high 2 times within the past 5 days. An average of 962,570 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 822,090.

TALO’s 1-month performance is 17.94% or $2.20 on its low of $11.89 reached on 09/21/21. The company’s shares have touched a 52-week low of $5.71 and high of $18.93, with the stock’s rally to the 52-week high happening on 06/23/21. YTD, TALO has achieved 75.49% or $6.22 and has reached a new high 22 times. However, the current price is down -23.61%% from the 52-week high price.


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Insider Transactions

On Sep 28, 4 days have gone by since the last insider trading activity for Talos Energy Inc. (TALO). Apollo Management Holdings GP, (10% Owner) most recently sold 6,500 shares at $14.03 per share on Sep 28. This transaction cost the insider $91,212. 10% Owner, Apollo Management Holdings GP, sold 66,493 shares at a price of $14.12 on Sep 27. Then, on Jun 25, 10% Owner Apollo Management Holdings GP, sold 475,304 shares at a price of $17.27 per share. This transaction amounted to $8,208,690.

Valuation Metrics

Talos Energy Inc. (TALO) has a trailing price-to-earnings (P/E) ratio of 14.38 for the broader industry and 18.49 for the sector, meaning that investors are optimistic about the stock’s future prospects. The company’s PE ratio for the last five years has touched a high of 28.99 and a low of 0.8843. TALO stock has a beta of 3.36. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.35 while the price-to-book (PB) in the most recent quarter is 1.72.

Talos Energy Inc.’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 0.50 meaning that TALO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.46, while the total debt to equity was 1.51. In terms of profitability, the gross margin trailing 12 months is 69.90%The trailing 12-month EBITDA margin is 45.89% while for the period ending June 29; Talos Energy Inc.’s operating margin was -18.60%. The firm’s gross profit as reported stood at -$421.31 million against revenue of $587.49 million.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. Talos Energy Inc.’s return on assets over the past 12 months stands at -25.00%. Return on investment over the past year is -23.10%, while its return on equity (ROE) trailing 12 months is -78.90%. In comparison, the average ROE for the broader industry over the past year is 1.01.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected TALO to announce -$0.01 per share in earnings in its latest quarter, but it posted -$1.54, representing a -15,300.00% surprise. EBITDA for the quarter stood at more than $212.43 million. TALO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.17 billion, with total debt at $1.05 billion

Technical Picture

Let’s look briefly at Talos Energy Inc. (TALO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 68.56% to suggest the stock is trending Neutral, with historical volatility in this time period at 43.34%.

The stock’s 5-day moving average is $13.86, reflecting a +5.78% or $0.79 change from its current price. TALO is currently trading +11.66% above its 20-day SMA, +15.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +28.31% and +62.29% respectively.

Stochastic %K and %D was 79.85% and 73.33% and the average true range (ATR) pointed at 0.76. The RSI (14) points at 64.47%, while the 14-day stochastic is at 94.66% with the period’s ATR at 0.75. The stock’s 9-day MACD Oscillator is pointing at 0.43 and 0.60 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Talos Energy Inc. (NYSE: TALO), KeyBanc Capital Markets upgraded it to an Overweight rating. They previously had a Sector weight rating on the stock. Analysts offering their rating for TALO stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate TALO as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 have offered a “buy” rating.

What is TALO’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $15.00 and a high of $22.00, with their median price target at $18.00. Looking at these predictions, the average price target given by analysts is for Talos Energy Inc. (TALO) stock is $18.00.

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