Talos Energy Inc (TALO) Outlook Starting To Look Brighter?

Talos Energy Inc (TALO) concluded trading on Thursday at a closing price of $9.14, with 4.86 million shares of worth about $44.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.93% during that period and on February 27, 2025 the price saw a gain of about 5.30%. Currently the company’s common shares owned by public are about 180.02M shares, out of which, 134.38M shares are available for trading.

Stock saw a price change of -2.45% in past 5 days and over the past one month there was a price change of -7.96%. Year-to-date (YTD), TALO shares are showing a performance of -5.87% which decreased to -29.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.48 but also hit the highest price of $14.67 during that period. The average intraday trading volume for Talos Energy Inc shares is 1.66 million. The stock is currently trading -2.06% below its 20-day simple moving average (SMA20), while that difference is down -6.08% for SMA50 and it goes to -15.58% lower than SMA200.

Talos Energy Inc (NYSE: TALO) currently have 180.02M outstanding shares and institutions hold larger chunk of about 76.02% of that.

The stock has a current market capitalization of $1.64B and its 3Y-monthly beta is at 1.80. It has posted earnings per share of -$0.51 in the same period. It has Quick Ratio of 0.97 while making debt-to-equity ratio of 0.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TALO, volatility over the week remained 5.07% while standing at 4.13% over the month.

Stock’s fiscal year EPS is expected to drop by -74.97% while it is estimated to decrease by -48.86% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 05, 2024 offering a Neutral rating for the stock and assigned a target price of $12 to it. Coverage by Mizuho stated Talos Energy Inc (TALO) stock as an Outperform in their note to investors on September 19, 2024, suggesting a price target of $16 for the stock. On July 22, 2024, Goldman Initiated their recommendations, while on March 22, 2024, Citigroup Initiated their ratings for the stock with a price target of $16.50. Stock get a Buy rating from Canaccord Genuity on November 21, 2023.

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