Talos Energy Inc (NYSE: TALO) is -23.33% lower on its value in year-to-date trading and has touched a low of $9.44 and a high of $15.48 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 $10.46 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $10.91, the stock is 6.63% and 1.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.81 million and changing 4.30% at the moment leaves the stock -8.88% off its SMA200. TALO registered -29.43% loss for a year compared to 6-month loss of -14.57%. The firm has a 50-day simple moving average (SMA 50) of $10.7466 and a 200-day simple moving average (SMA200) of $11.9841.
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The stock witnessed a -5.21% gain in the last 1 month and extending the period to 3 months gives it a 5.82%, and is 9.98% up 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 4.09% over the week and 3.62% over the month.
Talos Energy Inc (TALO) has around 600 employees, a market worth around $1.97B and $1.75B in sales. Current P/E ratio is 401.10. Profit margin for the company is -0.93%. Distance from 52-week low is 15.57% and -29.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.38%).
with sales reaching $500.14M over the same period.The EPS is expected to shrink by -153.39% this year, but quarterly earnings will post 35.00% year-over-year. Quarterly sales are estimated to grow 31.30% in year-over-year returns.
Talos Energy Inc (TALO) Top Institutional Holders
293.0 institutions hold shares in Talos Energy Inc (TALO), with institutional investors hold 109.29% of the company’s shares. The shares outstanding are 180.15M, and float is at 134.64M with Short Float at 9.22%. Institutions hold 81.74% 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 100,000 shares of the company’s common stock on Sep 27 ’24 at a price of $10.31 per share for a total of $1.03 million. Following the purchase, the insider now owns 43.55 million shares.
Talos Energy Inc disclosed in a document filed with the SEC on Sep 26 ’24 that Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) bought a total of 336,700 shares of the company’s common stock. The trade occurred on Sep 26 ’24 and was made at $10.19 per share for $3.43 million. Following the transaction, the insider now directly holds 43.45 million shares of the TALO stock.
Still, SEC filings show that on Sep 25 ’24, Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) acquired 250,000 shares at an average price of $10.52 for $2.63 million. The insider now directly holds 43,108,904 shares of Talos Energy Inc (TALO).
