The closing price of Talos Energy Inc (NYSE: TALO) was $14.19 for the day, down -1.18% from the previous closing price of $14.36. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 1429422 shares were traded.
Ratios:
Our analysis of TALO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on March 22, 2024, initiated with a Buy rating and assigned the stock a target price of $16.50.
On November 21, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $24.
On April 25, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $21.Stephens initiated its Overweight rating on April 25, 2023, with a $21 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 15 ’24 when Control Empresarial de Capital bought 60,556 shares for $12.82 per share. The transaction valued at 776,328 led to the insider holds 35,922,904 shares of the business.
Control Empresarial de Capital bought 645,838 shares of TALO for $8,267,372 on Mar 14 ’24. The Add’l Rep. Persons-see Ex.99-1 now owns 35,862,348 shares after completing the transaction at $12.80 per share. On Mar 13 ’24, another insider, Control Empresarial de Capital, who serves as the Add’l Rep. Persons-see Ex.99-1 of the company, bought 468,729 shares for $12.77 each. As a result, the insider paid 5,987,825 and bolstered with 35,216,510 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TALO now has a Market Capitalization of 2.60B and an Enterprise Value of 3.62B. As of this moment, Talos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.77, and their Forward P/E ratio for the next fiscal year is 24.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 2.48 whereas that against EBITDA is 3.44.
Stock Price History:
Over the past 52 weeks, TALO has reached a high of $17.59, while it has fallen to a 52-week low of $10.69. The 50-Day Moving Average of the stock is 13.16, while the 200-Day Moving Average is calculated to be 14.56.
Shares Statistics:
TALO traded an average of 2.30M shares per day over the past three months and 1.65M shares per day over the past ten days. A total of 183.43M shares are outstanding, with a floating share count of 145.30M. Insiders hold about 20.79% of the company’s shares, while institutions hold 56.67% stake in the company. Shares short for TALO as of Mar 15, 2024 were 13.67M with a Short Ratio of 5.47, compared to 12.31M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.46% and a Short% of Float of 8.21%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.14 and a low estimate of -$0.23, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.04, with high estimates of $0.26 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.9 and -$0.03 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.65, with 8 analysts recommending between $2.15 and -$0.81.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $425M to a low estimate of $375M. As of the current estimate, Talos Energy Inc’s year-ago sales were $370.93M, an estimated increase of 10.00% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $518.04M, an increase of 41.10% over than the figure of $10.00% in the same quarter last year. There is a high estimate of $546.78M for the next quarter, whereas the lowest estimate is $493M.
A total of 9 analysts have provided revenue estimates for TALO’s current fiscal year. The highest revenue estimate was $2.09B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.95B. In the same quarter a year ago, actual revenue was $1.46B, up 34.00% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.04B in the next fiscal year. The high estimate is $2.52B and the low estimate is $1.64B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.
