With 3.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.21 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 $12.67. 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 10.40%, but this was up by 7.38% over a month. Three-month performance surged to 8.15% while six-month performance fell -8.70%. The stock lost -15.38% in the past year, while it has lost -7.11% so far this year. A look at the trailing 12-month EPS for TALO yields 0.14 with Next year EPS estimates of -1.22. For the next quarter, that number is -0.27. This implies an EPS growth rate of -233.33% for this year and -74.49% 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 -$0.28032 being high and -$0.32036 being low. For TALO, this leads to a yearly average estimate of -$0.30221.
