Brokerages Set Talos Energy Inc. (NYSE:TALO) Target Price at $14.43

Shares of Talos Energy Inc. (NYSE:TALOGet Free Report) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.4286.

Several brokerages have recently commented on TALO. Wall Street Zen downgraded Talos Energy from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “sell (e+)” rating on shares of Talos Energy in a research note on Wednesday, October 8th. Mizuho restated a “neutral” rating and issued a $11.00 target price on shares of Talos Energy in a research note on Monday, September 15th. Finally, Capital One Financial initiated coverage on Talos Energy in a research note on Monday, June 16th. They set an “overweight” rating and a $14.00 price target for the company.

Check Out Our Latest Stock Analysis on Talos Energy

Insider Transactions at Talos Energy

In other Talos Energy news, Director Paula R. Glover sold 6,159 shares of Talos Energy stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $9.69, for a total transaction of $59,680.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Talos Energy

Hedge funds have recently added to or reduced their stakes in the stock. Virtus Fixed Income Advisers LLC acquired a new position in Talos Energy during the 2nd quarter valued at about $25,000. GAMMA Investing LLC boosted its stake in Talos Energy by 360.9% during the 1st quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock valued at $31,000 after purchasing an additional 2,501 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Talos Energy by 134.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,703 shares of the company’s stock valued at $32,000 after purchasing an additional 2,123 shares during the last quarter. Signaturefd LLC boosted its stake in Talos Energy by 571.3% during the 1st quarter. Signaturefd LLC now owns 5,612 shares of the company’s stock valued at $55,000 after purchasing an additional 4,776 shares during the last quarter. Finally, CWM LLC boosted its stake in Talos Energy by 186.3% during the 2nd quarter. CWM LLC now owns 6,027 shares of the company’s stock valued at $51,000 after purchasing an additional 3,922 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Stock Performance

Shares of TALO opened at $9.06 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a 50-day moving average of $9.25 and a 200-day moving average of $8.57. The company has a market cap of $1.58 billion, a PE ratio of -9.34 and a beta of 0.74. Talos Energy has a one year low of $6.23 and a one year high of $12.71.

Talos Energy (NYSE:TALOGet Free Report) last issued its earnings results on Friday, January 6th. The company reported $0.45 EPS for the quarter. The company had revenue of $382.96 million during the quarter. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%. On average, equities research analysts predict that Talos Energy will post -0.44 EPS for the current fiscal year.

Talos Energy Company Profile

(Get Free Report)

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.

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