As of Thursday close, Talos Energy Inc.’s (NYSE:TALO) stock was down -$0.34, moving down -2.11 percent to $15.80. The average number of shares traded per day over the past five days has been 2,965,720 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.18 fall in that time frame. In the last twenty days, the average volume was 1,671,745, while in the previous 50 days, it was 1,691,516.
Since last month, TALO stock retreated -6.12%. Shares of the company fell to $15.80 on 09/21/23, the lowest level in the past month. A 52-week high of $22.63 was reached on 01/17/23 after having rallying from a 52-week low of $10.69. Since the beginning of this year, TALO’s stock price has dropped by -16.31% or -$3.08, and marked a new high 7 times. However, the stock has declined by -30.18% since its 52-week high.
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TALO stock investors should be aware that Talos Energy Inc. (TALO) stock had its last reported insider trading activity 109 days ago on Jun 05. BCC EnVen Investments (S), L.P, the 10% Owner of the company, disposed of 25,003 shares for $13.47 on Jun 05. It resulted in a $336,790 divestment by the insider. BAIN CAPITAL CREDIT MEMBER, LL sold 25,003 shares at an average price of $13.47 on Jun 05. The insider now owns 15,120,372 shares following the transaction. On Apr 20, 10% Owner BCC EnVen Investments (S), L.P sold 363,804 shares at $14.50 apiece. The transaction was valued at $5,275,158.
Valuation Metrics
Right now, Talos Energy Inc. (TALO) has a P/E ratio of about 3.98. The stock’s beta is 2.22. Besides these, the trailing price-to-sales (P/S) ratio of 1.43, the price-to-book (PB) ratio of 0.96, and the price-to-cash flow ratio of 16.43 may also be considered.
Financial Health
In the three months ended June 29, Talos Energy Inc.’s quick ratio stood at 0.60, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.55, and the total debt-to-equity ratio was 0.58. On the profitability front, the trailing twelve-month gross margin is 75.40% percent. In the year ended June 29, EBITDA margin amounted to 73.05%, whereas operating margins totaled 20.60%. Based on annual data, TALO earned $736.12 million in gross profit and brought in $1.65 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 38.30%. Return on equity (ROE) for the past 12 months was 22.10%.
In Talos Energy Inc.’s quarter-end financial report for June 29, it reported total debt of $1.0 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TALO’s revenue fell -41.36% to $322.58 million during the quarter, while net income inched up to $367.21 million. While analysts expected Talos Energy Inc. to report $0.2 quarterly earnings, the actual figure was $0.09 per share, beating the consensus estimate by -55.00%. During the quarter, the company generated $236.46 million in EBITDA. The liabilities of Talos Energy Inc. were 2.74 billion at the end of its most recent quarter ended June 29, and its total debt was $1.22 billion. The value of shareholders’ equity is $124.06 million.
Technical Picture
This quick technical analysis looks at Talos Energy Inc.’s (TALO) price momentum. With a historical volatility rate of 21.84%, the RSI 9-day stood at 26.80% on 21 September.
With respect to its five-day moving average, the current Talos Energy Inc. price is down by -6.95% percent or -$1.18. At present, TALO shares trade -5.95% below its 20-day simple moving average and +15.92% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.74% above its SMA50 and -20.12% below its SMA200.
Stochastic coefficient K was 6.93% and Stochastic coefficient D was 9.43%, while ATR was 0.46. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 35.97%. As of today, the MACD Oscillator reading stands at -0.40, while the 14-day reading stands at -0.61.
Analyst Ratings
Stephens launched its rating on Talos Energy Inc. (NYSE: TALO) to an Overweight in a note to investors on April 25, 2023. Talos Energy Inc. (TALO) has been rated Overweight by analysts. According to 0 brokerage firms, TALO is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Talos Energy Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $21.00, the current consensus forecast for the stock is $16.00 – $25.00. Based on these forecasts, analysts predict Talos Energy Inc. (TALO) will achieve an average price target of $21.00.
