Equities research analysts expect Talos Energy Inc (NYSE:TALO) to report $0.89 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for Talos Energy’s earnings. The lowest EPS estimate is $0.75 and the highest is $1.02. Talos Energy posted earnings per share of $0.24 during the same quarter last year, which would suggest a positive year over year growth rate of 270.8%. The company is expected to issue its next earnings results on Monday, November 4th.
According to Zacks, analysts expect that Talos Energy will report full-year earnings of $3.25 per share for the current year. For the next year, analysts forecast that the company will report earnings of $3.22 per share, with EPS estimates ranging from $3.13 to $3.31. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Talos Energy.
Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.22. The business 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%.
TALO has been the topic of a number of recent analyst reports. ValuEngine lowered Talos Energy from a “sell” rating to a “strong sell” rating in a research note on Monday, June 3rd. Roth Capital set a $45.00 price objective on Talos Energy and gave the stock a “buy” rating in a research note on Thursday, June 13th. Stephens set a $37.00 price objective on Talos Energy and gave the stock a “buy” rating in a research note on Wednesday, May 22nd. Finally, Zacks Investment Research upgraded Talos Energy from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $38.17.
Shares of Talos Energy stock traded up $0.75 during trading on Thursday, reaching $21.22. The company’s stock had a trading volume of 4,398 shares, compared to its average volume of 274,651. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.72 and a current ratio of 0.72. The business’s fifty day moving average price is $21.93 and its 200-day moving average price is $24.04. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 7.91 and a beta of 1.65. Talos Energy has a one year low of $14.60 and a one year high of $36.46.
Hedge funds have recently added to or reduced their stakes in the stock. Hartree Partners LP acquired a new stake in Talos Energy during the first quarter worth about $1,142,000. SG3 Management LLC acquired a new stake in Talos Energy during the first quarter valued at approximately $64,000. Metropolitan Life Insurance Co. NY boosted its holdings in Talos Energy by 352.0% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,403 shares of the company’s stock valued at $121,000 after purchasing an additional 5,765 shares in the last quarter. Northern Trust Corp boosted its holdings in Talos Energy by 1.1% during the fourth quarter. Northern Trust Corp now owns 257,117 shares of the company’s stock valued at $4,196,000 after purchasing an additional 2,828 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in Talos Energy by 4.3% during the fourth quarter. Millennium Management LLC now owns 189,379 shares of the company’s stock valued at $3,091,000 after purchasing an additional 7,827 shares in the last quarter.
About Talos Energy
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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