Equities analysts expect that Talos Energy Inc (NYSE:TALO) will report $0.84 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have issued estimates for Talos Energy’s earnings. The lowest EPS estimate is $0.65 and the highest is $1.02. Talos Energy posted earnings of $0.24 per share during the same quarter last year, which would indicate a positive year over year growth rate of 250%. The firm is expected to issue its next earnings report 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 anticipate that the business will post earnings of $2.80 per share, with EPS estimates ranging from $2.28 to $3.31. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that cover Talos Energy.
Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $1.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.22. Talos Energy had a net margin of 30.24% and a return on equity of 15.59%. The firm had revenue of $286.81 million for the quarter, compared to analysts’ expectations of $268.23 million.
A number of research firms have weighed in on TALO. Stephens set a $37.00 price target on Talos Energy and gave the company a “buy” rating in a research report on Wednesday, May 22nd. Guggenheim set a $49.00 price objective on Talos Energy and gave the stock a “buy” rating in a report on Wednesday, August 21st. Roth Capital cut their price objective on Talos Energy from $45.00 to $40.00 and set a “buy” rating for the company in a report on Monday, August 26th. Zacks Investment Research upgraded Talos Energy from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th. Finally, ValuEngine cut Talos Energy from a “sell” rating to a “strong sell” rating in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. Talos Energy has an average rating of “Buy” and an average price target of $36.40.
NYSE:TALO traded up $0.41 during midday trading on Friday, hitting $22.64. The company had a trading volume of 153,343 shares, compared to its average volume of 230,324. The company has a market capitalization of $1.19 billion, a PE ratio of 8.51 and a beta of 1.69. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.71. Talos Energy has a 52-week low of $14.60 and a 52-week high of $36.46. The stock’s fifty day moving average price is $20.13 and its 200-day moving average price is $24.01.
Hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in Talos Energy by 26.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 875,638 shares of the company’s stock worth $14,290,000 after acquiring an additional 181,910 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Talos Energy by 62.7% in the fourth quarter. Deutsche Bank AG now owns 66,512 shares of the company’s stock worth $1,084,000 after purchasing an additional 25,644 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Talos Energy by 52,525.0% in the first quarter. BNP Paribas Arbitrage SA now owns 4,210 shares of the company’s stock worth $112,000 after purchasing an additional 4,202 shares during the last quarter. SG Americas Securities LLC purchased a new position in Talos Energy during the 1st quarter valued at about $175,000. Finally, Hartree Partners LP purchased a new position in Talos Energy during the 1st quarter valued at about $1,142,000. 97.72% of the stock is currently owned by institutional investors.
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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