Stock analysts at Stephens began coverage on shares of Talos Energy (NYSE:TALO) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm set an “overweight” rating and a $38.00 price target on the stock. Stephens’ price objective points to a potential upside of 96.59% from the company’s current price.
Several other equities research analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of Talos Energy from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Tuesday, October 30th. Roth Capital started coverage on shares of Talos Energy in a report on Tuesday, October 16th. They issued a “buy” rating and a $48.00 price target on the stock. Seaport Global Securities reissued a “buy” rating on shares of Talos Energy in a research note on Monday, August 27th. ValuEngine raised shares of Talos Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th. Finally, Northland Securities began coverage on shares of Talos Energy in a report on Monday, October 22nd. They issued an “outperform” rating and a $45.00 price target for the company. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $41.20.
TALO opened at $19.33 on Thursday. The firm has a market cap of $1.06 billion, a PE ratio of 45.33 and a beta of 1.54. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.72. Talos Energy has a one year low of $17.88 and a one year high of $37.64.
Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.69). Talos Energy had a negative net margin of 4.09% and a negative return on equity of 3.76%. The firm had revenue of $282.87 million for the quarter, compared to the consensus estimate of $279.40 million. Sell-side analysts forecast that Talos Energy will post 2.37 EPS for the current fiscal year.
In related news, Director John B. Juneau acquired 12,400 shares of the business’s stock in a transaction on Thursday, November 8th. The shares were bought at an average price of $24.15 per share, with a total value of $299,460.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.50% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new position in shares of Talos Energy during the 3rd quarter worth $2,059,000. Vanguard Group Inc. grew its holdings in shares of Talos Energy by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,038,064 shares of the company’s stock worth $30,764,000 after purchasing an additional 7,013 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of Talos Energy during the 3rd quarter worth about $16,937,000. MetLife Investment Advisors LLC purchased a new position in Talos Energy in the 3rd quarter worth approximately $534,000. Finally, Capital Fund Management S.A. boosted its holdings in Talos Energy by 60.4% in the 3rd quarter. Capital Fund Management S.A. now owns 15,400 shares of the company’s stock worth $505,000 after acquiring an additional 5,800 shares during the period. Hedge funds and other institutional investors own 99.48% of the company’s stock.
About Talos Energy
Talos Energy Inc, an independent oil and gas company, focuses on the offshore exploration and production in the United States Gulf of Mexico and the shallow waters off the coast of Mexico. The company is headquartered in Houston, Texas.
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