Talos Energy Inc (NYSE:TALO) has earned a consensus rating of “Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $41.00.
A number of equities research analysts recently issued reports on the company. Stephens set a $37.00 target price on Talos Energy and gave the company a “buy” rating in a research report on Wednesday, May 22nd. Roth Capital set a $45.00 target price on Talos Energy and gave the company a “buy” rating in a research report on Thursday, June 13th. ValuEngine lowered Talos Energy from a “sell” rating to a “strong sell” rating in a research report on Monday, June 3rd. Finally, Zacks Investment Research raised Talos Energy from a “sell” rating to a “hold” rating in a research report on Thursday.
A number of hedge funds have recently bought and sold shares of the business. Northern Trust Corp grew its stake in shares of Talos Energy by 1.1% in the 4th quarter. Northern Trust Corp now owns 257,117 shares of the company’s stock valued at $4,196,000 after buying an additional 2,828 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Talos Energy by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 221,803 shares of the company’s stock valued at $3,619,000 after acquiring an additional 19,146 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its holdings in Talos Energy by 352.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,403 shares of the company’s stock valued at $121,000 after acquiring an additional 5,765 shares during the last quarter. Millennium Management LLC boosted its holdings in Talos Energy by 4.3% in the fourth quarter. Millennium Management LLC now owns 189,379 shares of the company’s stock valued at $3,091,000 after acquiring an additional 7,827 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Talos Energy by 26.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 875,638 shares of the company’s stock valued at $14,290,000 after acquiring an additional 181,910 shares during the last quarter. Hedge funds and other institutional investors own 97.87% of the company’s stock.
Shares of NYSE TALO traded up $0.55 during mid-day trading on Friday, reaching $19.31. 197,300 shares of the company’s stock were exchanged, compared to its average volume of 271,096. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 7.26 and a beta of 1.65. The company has a current ratio of 0.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.71. The business has a fifty day simple moving average of $22.19 and a 200 day simple moving average of $24.11. Talos Energy has a twelve month low of $14.60 and a twelve month high of $36.46.
Talos Energy (NYSE:TALO) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.25 EPS for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.22. The company had revenue of $286.81 million for the quarter, compared to analyst estimates of $268.23 million. Talos Energy had a return on equity of 15.59% and a net margin of 30.24%. Equities research analysts predict that Talos Energy will post 3.19 earnings per share for the current fiscal year.
Talos Energy Company Profile
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
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