Talos Energy Inc NYSE:TALO: An Interesting Stock To Watch

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.

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.

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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.

• The technique has proven to be very useful for finding positive surprises.
• 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.
• Under the terms of the deal, EnVen shareholders will receive 43.8 million shares and $…
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• Talos Energy doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

We have screened value stocks UFPI, PBF, BCC, PAA and TALO based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest… © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

Financials

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

https://1investing.in/ the TALO premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Talbros Engineering Ltd real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the TALO quote.

Talos Energy share price live 13.63, this page displays NYSE TALO stock exchange data. Monitor the latest movements within the Talos Energy real time stock price chart below. The 0.99% of Talos Energy Inc.’s shares are in the hands of company insiders while institutional holders own 97.70% of the company’s shares.

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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.

96.24% of the stock of Talos Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. MarketBeat has tracked 21 news articles for Talos Energy this week, compared to 4 articles on an average week. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.

News flow

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. One share of TALO stock can currently be purchased for approximately $13.63. Sign-up to receive the latest news and ratings for Talos Energy and its competitors with MarketBeat’s FREE daily newsletter.

It also engages in the development of carbon capture 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.

Financial Performance

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.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Analysts have a consensus estimate of $370.93 million for the company’s revenue for the quarter, with a low and high estimate of $329.3 million and $405 million respectively. The average forecast suggests down to a -10.30% growth in sales growth compared to quarterly growth in the same period last fiscal year.

any difference between shopping for a couple of‘s stock was trading at $18.88 at the beginning of the year. Since then, TALO stock has decreased by 27.8% and is now trading at $13.63. Get MarketBeat All Access Free for 30 DaysJoin thousands of other investors who make better investing decisions with our premium tools.

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.

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.

Company

According to analysts’ 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.

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.

Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Talos Energy Inc. said Thursday it has reached agreement to acquire privately held EnVen Energy Corp. for $1.1 billion cash and stock. Under the terms of the deal, EnVen shareholders will receive 43.8 million shares and $… Talos Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.