In last trading session, Talos Energy Inc. (NYSE:TALO) saw 748,482 shares changing hands with its beta currently measuring 4.1. Company’s recent per share price level of $9.26 trading at $0.1 or 1.2% at ring of the bell on the day assigns it a market valuation of $605.07 Million. That closing price of TALO’s stock is at a discount of -238.45% from its 52-week high price of $31.34 and is indicating a premium of 46% from its 52-week low price of $5. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 935.51 Million shares which gives us an average trading volume of 565.69 Million if we extend that period to 3-months.
For Talos Energy Inc. (TALO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.8. Splitting up the data highlights that, out of 7 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 6 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.4 in the current quarter.
Talos Energy Inc. (NYSE:TALO) trade information
Upright in the green today for gaining 1.2%, in the last five days TALO remained trading in the green while hitting it’s week-highest on Friday, Jun 19 when the stock touched $12.27- price level, adding 24.53% to its value on the day. Talos Energy Inc.’s shares saw a change of -69.29% in year-to-date performance and have moved -21.46% in past 5-day. Talos Energy Inc. (NYSE:TALO) showed a performance of -25.32% in past 30-days. Number of shares sold short was 3.48 Million shares which calculate 0.01 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $14.86 to the stock, which implies a rise of 60.48% to its current value. Analysts have been projecting $12 as a low price target for the stock while placing it at a high target of $18. It follows that stock’s current price would jump +94.38% in reaching the projected high whereas dropping to the targeted low would mean a loss of 29.59% for stock’s current value.
Talos Energy Inc. (TALO) estimates and forecasts
Statistics highlight that Talos Energy Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -68.86% of value to its shares in past 6 months, showing an annual growth rate of -111.24% while that of industry is -31.9. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -123% in the current quarter and calculating -114.8% decline in the next quarter. This year revenue growth is estimated to drop -18.1% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $160.12 Million for the same. And 5 analysts are in estimates of company making revenue of $200.94 Million in the next quarter that will end in September 01, 2020. Company posted $286.81 Million and $228.86 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -44.2% while estimating it to be -12.2% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -77.6% while estimates for its earnings growth in next 5 years are of 0%
Talos Energy Inc. (NYSE:TALO)’s Major holders
Insiders are in possession of 1.15% of company’s total shares while institution are holding 122.49% percent of that, with stock having share float percentage of 123.92%. Investors also watch the number of corporate investors in a company very closely, which is 204 institutions for Talos Energy Inc. that are currently holding shares of the company. Riverstone Holdings LLC is the top institutional holder at TALO for having 25.58 Million shares of worth $147.09 Million. And as of March 30, 2020, it was holding 39.15% of the company’s outstanding shares.
The second largest institutional holder is Apollo Management Holdings, L.P., which was holding about 19.19 Million shares on March 30, 2020. The number of shares represents firm’s hold over 29.37% of outstanding shares, having a total worth of $110.35 Million.
On the other hand, MainStay MacKay High Yield Corporate Bond Fund and iShares Core S&P Smallcap ETF are the top two Mutual Funds which own company’s shares. As of January 30, 2020, the former fund manager was holding 2074193 shares of worth $45.51 Million or 3.17% of the total outstanding shares. The later fund manager was in possession of 1.26 Million shares on March 30, 2020, making its stake of worth around $7.23 Million in the company or a holder of 1.93% of company’s stock.