Talos Energy Inc (NYSE: TALO) is -24.03% lower on its value in year-to-date trading and has touched a low of $9.81 and a high of $17.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TALO stock was last observed hovering at around $11.10 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $10.81, the stock is -6.54% and -7.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.99 million and changing -2.61% at the moment leaves the stock -14.66% off its SMA200. TALO registered -37.59% loss for a year compared to 6-month loss of -17.10%.
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The stock witnessed a 7.35% gain in the last 1 month and extending the period to 3 months gives it a -0.18%, and is -8.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.27% over the week and 3.44% over the month.
Talos Energy Inc (TALO) has around 600 employees, a market worth around $1.95B and $1.75B in sales. Current P/E ratio is 397.43 and Fwd P/E is 46.93. Profit margin for the company is -0.93%. Distance from 52-week low is 10.19% and -38.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.38%).
The EPS is expected to shrink by -60.76% this year
294.0 institutions hold shares in Talos Energy Inc (TALO), with institutional investors hold 106.95% of the company’s shares. The shares outstanding are 180.15M, and float is at 139.27M with Short Float at 11.44%. Institutions hold 82.19% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 23.93 million shares valued at $290.76 million. The investor’s holdings represent 15.0994 of the TALO Shares outstanding. As of 2024-06-30, the second largest holder is BAIN CAPITAL CREDIT, LP with 14.67 million shares valued at $178.26 million to account for 9.2573 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.45 million shares representing 7.2233 and valued at over $139.09 million, while SOURCEROCK GROUP LLC holds 5.4685 of the shares totaling 8.67 million with a market value of $105.3 million.
Talos Energy Inc (TALO) Insider Activity
The most recent transaction is an insider purchase by Control Empresarial de Capital, the company’s Add’l Rep. Persons-see Ex.99-1. SEC filings show that Control Empresarial de Capital bought 650,000 shares of the company’s common stock on Aug 07 ’24 at a price of $10.38 per share for a total of $6.74 million. Following the purchase, the insider now owns 40.14 million shares.
Talos Energy Inc disclosed in a document filed with the SEC on Aug 05 ’24 that Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) bought a total of 343,000 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $9.99 per share for $3.43 million. Following the transaction, the insider now directly holds 39.49 million shares of the TALO stock.
Still, SEC filings show that on Aug 02 ’24, Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) acquired 617,000 shares at an average price of $10.96 for $6.76 million. The insider now directly holds 39,145,904 shares of Talos Energy Inc (TALO).
