Talos Energy Inc [NYSE: TALO] stock went on an upward path that rose over 0.97% on Thursday, amounting to a one-week price decrease of less than -2.38%.
Over the last 12 months, TALO stock dropped by -8.80%. The one-year Talos Energy Inc stock forecast points to a potential upside of 40.01. The average equity rating for TALO stock is currently 1.40, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $2.12 billion, with 183.92 million shares outstanding and 146.31 million shares in the current float. Compared to the average trading volume of 1.72M shares, TALO stock reached a trading volume of 2825518 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Talos Energy Inc [TALO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TALO shares is $19.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TALO stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Talos Energy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 22, 2024. While these analysts kept the previous recommendation, Canaccord Genuity raised their target price to Buy. The new note on the price target was released on November 21, 2023, representing the official price target for Talos Energy Inc stock. Previously, the target price had yet another raise to $21, while Stephens analysts kept a Overweight rating on TALO stock.
The Average True Range (ATR) for Talos Energy Inc is set at 0.38, with the Price to Sales ratio for TALO stock in the period of the last 12 months amounting to 1.35. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 0.11.
TALO Stock Performance Analysis:
Talos Energy Inc [TALO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.38. With this latest performance, TALO shares dropped by -12.75% in over the last four-week period, additionally sinking by -16.61% over the last 6 months – not to mention a drop of -8.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TALO stock in for the last two-week period is set at 31.89, with the RSI for the last a single of trading hit 30.54, and the three-weeks RSI is set at 34.59 for Talos Energy Inc [TALO]. The present Moving Average for the last 50 days of trading for this stock 13.16, while it was recorded at 11.47 for the last single week of trading, and 14.16 for the last 200 days.
Insight into Talos Energy Inc Fundamentals:
Talos Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.78 and a Current Ratio set at 0.78.
Talos Energy Inc [TALO] Institutonal Ownership Details
The top three institutional holders of TALO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TALO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TALO stock with ownership which is approximately 5.8386%.
