There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Lower production is likely to have affected Talos Energy’s earnings in Q3. Talos Energy doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Talos comes up with its very first share buyback plan, as a result of the stock’s substantial discount to its fundamental value.
Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. The P/E ratio of Talos Energy is 3.00, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 57.34. In the past three months, Talos Energy insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,275,158.00 in company stock. Talos Energy has a short interest ratio (“days to cover”) of 4.2. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. 6 Wall Street analysts have issued 12-month price objectives for Talos Energy’s shares. Their TALO share price forecasts range from $21.00 to $40.00.
Data shows TALO’s intraday price has changed 7.32% in last session and -25.03% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.83% and 0.80% respectively in the last trading. The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023. Talos Energy has received a -11.94% net impact score from Upright.
Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. I’ve just like the reversal on the 4hour and the catalyst with the war, it can keep running. Power Moves If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Earnings and Valuation
On average, they predict the company’s stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 89.3% from the stock’s current price. View analysts price targets for TALO or view top-rated stocks among Wall Street analysts. Talbros Engineering Ltd share price live 539.85, this page displays BO TALO stock exchange data.
The beta value (5-Year monthly) was 2.23 while the PE ratio in trailing twelve months stood at 3.00. Turning to its 52-week performance, $25.49 and $11.67 were the 52-week high and 52-week low respectively. Real-time analyst ratings, insider transactions, earnings data, and more.
Helix Energy Solutions Announces Contract Extension with Talos for Helix Producer I
The largest negative impact of Talos Energy in category “GHG emissions” seems to be driven mostly by its “Natural gas exploration services”, “Oil exploration services”, and “Crude oil” products. 5.76% of the outstanding shares of Talos Energy have been sold short. The company’s average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings. The technique has proven to be very useful for finding positive surprises. Talos Energy Inc. (“Talos” or the “Company”) announced today that its Board of Directors approved a $100 million share repurchase program of the Company’s common stock.
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Earnings for Talos Energy are expected to grow by 38.03% in the coming year, from $2.13 to $2.94 per share. Only 3 people have added Talos Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
BRIEF-India’s Talbros Engineering Sept-Quarter Profit Falls
It is this reason that could see investor optimism for the TALO stock continues to rise going into the next quarter. 6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Talos Energy in the last year. The consensus among Wall Street research analysts is that investors should “buy” TALO shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
According to benefits of union membership‘ consensus price target of $25.80, Talos Energy has a forecasted upside of 89.3% from its current price of $13.63. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review. Turning to the stock’s technical picture we see that short term indicators suggest on average that TALO is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. A look at the stock’s price movement, the close in the last trading session was $12.70, moving within a range at $12.635 and $13.82.
It also engages in the development of https://1investing.in/ and sequestration activities. Talos Energy Inc. was founded in 2011 and is headquartered in Houston, Texas. According to 6 analysts, the average rating for TALO stock is “Strong Buy.” The 12-month stock price forecast is $25.17, which is an increase of 84.67% from the latest price. As of March 31st, there was short interest totaling 6,940,000 shares, an increase of 23.5% from the March 15th total of 5,620,000 shares. Based on an average daily volume of 1,580,000 shares, the days-to-cover ratio is currently 4.4 days.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RCOR, SMBC, TALO
Data may be intentionally delayed pursuant to supplier requirements. The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,… There may be delays, omissions, or inaccuracies in the Information. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum.
This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.46 average news sentiment score of Oils/Energy companies. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
Only 24 people have searched for TALO on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
Represents the company’s profit divided by the outstanding shares of its common stock. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
- Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world.
- Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price.
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
- Talos Energy has a short interest ratio (“days to cover”) of 4.2.
Also important is the data on short interest which shows that short shares stood at 7.23 million on Apr 13, 2023, giving us a short ratio of 3.39. The data shows that as of Apr 13, 2023 short interest in Talos Energy Inc. stood at 5.67% of shares outstanding, with shares short rising to 5.62 million registered in Mar 14, 2023. Current price change has pushed the stock -27.81% YTD, which shows the potential for further growth is there.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. TALO, an energy stock ready to see a reversalTALO is an energy stock and is in a consolidation. Energy stocks should move in this season and we are seeing cluster buys on the stock. In the market, a comparison of Talos Energy Inc. and its peers suggest the former has performed considerably stronger.
Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $1.71 billion, representing a 3.60% jump on that reported in the last financial year. Talos Energy Inc.’s market cap currently stands at around $1.76 billion, with investors looking forward to this quarter’s earnings report slated for May 08, 2023. Analysts project the company’s earnings per share to be $0.38, which has seen fiscal year 2023 EPS growth forecast to increase to $2.35 and about $3.57 for fiscal year 2024. Per the data, EPS growth is expected to be -20.60% for 2023 and 51.90% for the next financial year. Talos Energy Inc., through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico.