During the last session, Talos Energy Inc. (NYSE:TALO)’s traded shares were 1.81 million, with the beta value of the company hitting 2.20. At the end of the trading day, the stock’s price was $17.00, reflecting an intraday loss of -9.81% or -$1.85. The 52-week high for the TALO share is $25.49, that puts it down -49.94 from that peak though still a striking 49.59% gain since the share price plummeted to a 52-week low of $8.57. The company’s market capitalization is $1.51B, and the average trade volume was 1.36 million shares over the past three months.
Talos Energy Inc. (TALO) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.80. TALO has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.72.
Talos Energy Inc. (NYSE:TALO) trade information
Talos Energy Inc. (TALO) registered a -9.81% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.81% in intraday trading to $17.00 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -21.30%, and it has moved by -12.19% in 30 days. Based on these gigs, the overall price performance for the year is -6.34%.
The consensus price target of analysts on Wall Street is $30.20, which implies an increase of 43.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19.00 and $41.00 respectively. As a result, TALO is trading at a discount of -141.18% off the target high and -11.76% off the low.
Talos Energy Inc. (TALO) estimates and forecasts
Statistics show that Talos Energy Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Talos Energy Inc. (TALO) shares have gone up 90.16% during the last six months, with a year-to-date growth rate more than the industry average at 6,114.29% against 26.50. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 146.80% this quarter and then jump 565.00% in the quarter after that. In the rating firms’ projections, revenue will increase 14.00% compared to the previous financial year.
Revenue for the current quarter is expected to be $334.19 million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $340.49 million by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.30%. While earnings are projected to return 67.50% in 2022.
Talos Energy Inc. is due to release its next quarterly earnings between March 09 and March 16. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Talos Energy Inc. (NYSE:TALO)’s Major holders
Talos Energy Inc. insiders own 5.35% of total outstanding shares while institutional holders control 80.87%, with the float percentage being 85.45%. Riverstone Holdings LLC is the largest shareholder of the company, while 245 institutions own stock in it. As of Mar 30, 2022, the company held over 16.27 million shares (or 19.71% of all shares), a total value of $256.9 million in shares.
The next largest institutional holding, with 9.57 million shares, is of Apollo Management Holdings, L.p.’s that is approximately 11.59% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $93.77 million.
Also, the Mutual Funds coming in first place with the largest holdings of Talos Energy Inc. (TALO) shares are iShares Core S&P Smallcap ETF and SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF. Data provided on Jan 30, 2022 indicates that iShares Core S&P Smallcap ETF owns about 2.88 million shares. This amounts to just over 3.49 percent of the company’s overall shares, with a $30.67 million market value. The same data shows that the other fund manager holds slightly less at 2.11 million, or about 2.56% of the stock, which is worth about $22.44 million.