With 1.35 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.05 million shares. The 52-week range on TALO shows that it touched its highest point at $12.71 and its lowest point at $6.23 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 0.71.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TALO was up-trending over the past week, with a rise of 2.35%, but this was up by 17.09% over a month. Three-month performance dropped to -11.43% while six-month performance fell -30.74%. The stock lost -32.49% in the past year, while it has lost -14.62% so far this year. A look at the trailing 12-month EPS for TALO yields 0.14 with Next year EPS estimates of -1.23. For the next quarter, that number is -0.27. This implies an EPS growth rate of -233.33% for this year and -75.14% for next year.
Float and Shares Shorts:
At present, 178.46 million TALO shares are outstanding with a float of 132.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TALO since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.2803 being high and -$0.32034 being low. For TALO, this leads to a yearly average estimate of -$0.30221. Based on analyst estimates, the high estimate for the next quarter is -$0.14 and the low estimate is -$0.58. The average estimate for the next quarter is thus -$0.39.
