Mizuho has recently initiated Talos Energy Inc (TALO) stock to Outperform rating, as announced on September 19, 2024, according to Finviz. Earlier, on July 22, 2024, Goldman had initiated the stock to Buy, setting a price target of $14. Citigroup also initiated Buy rating with a price target of $16.50. Additionally, Canaccord Genuity initiated Buy rating on November 21, 2023, with a target price of $24. Stephens analysts, in their report published on April 25, 2023, also initiated Overweight rating and set a price target of $21 for Talos Energy Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Talos Energy Inc (TALO) Stock Trading Recap
On Monday, Talos Energy Inc (TALO) stock saw a decline, ending the day at $11.77 which represents a decrease of $-0.06 or -0.51% from the prior close of $11.83. The stock opened at $11.9 and touched a low of $11.59 during the day, reaching a high of $12. The volume of shares traded was 2.49 million exceeding the average volume of 2.28 million.
TALO Stock Performance and Moving Averages
In recent trading, Talos Energy Inc (TALO) stock price has shown some volatility, fluctuating 12.52% over the last five trades and 6.32% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -5.16%, and it has plunged by -1.83% in the previous three months. Currently, TALO is trading at 13.14%, 9.69%, and -1.49% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, TALO, a Energy sector stock, is trading -22.41% below its 52-week high but remains 24.68% above its 52-week low. The Average True Range (ATR) (14 days) of 0.45 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Talos Energy Inc’s Profitability and Valuation Ratios
Talos Energy Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 16.26% and a profit margin of -0.93%, with a gross margin of -5.16%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Talos Energy Inc’s market capitalization stands at $2.12 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 432.72, assessing the company’s valuation relative to its earnings. Additionally, the Price-to-Sales Ratio is 1.21, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.78, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 25.26% of Talos Energy Inc (TALO)’s shares, while financial institutions hold 81.43%.
