Currently, there are 178.46M common shares owned by the public and among those 132.49M shares have been available to trade.
The company’s stock has a 5-day price change of 4.04% and 3.91% over the past three months. TALO shares are trading -9.78% year to date (YTD), with the 12-month market performance down to -18.74% lower. It has a 12-month low price of $6.23 and touched a high of $12.71 over the same period. TALO has an average intraday trading volume of 2.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.81%, 12.32%, and -8.88% respectively.
Institutional ownership of Talos Energy Inc (NYSE: TALO) shares accounts for 78.96% of the company’s 178.46M shares outstanding.
It has a market capitalization of $1.56B and a beta (3y monthly) value of 0.70. The stock’s trailing 12-month PE ratio is 61.39, while the earnings-per-share (ttm) stands at $0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.91% over the week and 2.54% over the month.
Earnings per share for the fiscal year are expected to decrease by -233.33%, and -74.49% over the next financial year.
Looking at the support for the TALO, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 05, 2024, with the firm’s price target at $12. Mizuho coverage for the Talos Energy Inc (TALO) stock in a research note released on September 19, 2024 offered a Outperform rating with a price target of $16. Goldman was of a view on July 22, 2024 that the stock is Buy, while Citigroup gave the stock Buy rating on March 22, 2024, issuing a price target of $16.50. Canaccord Genuity on their part issued Buy rating on November 21, 2023.
