Talos Energy Inc (NYSE:TALO) has been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $39.50.
Several equities research analysts recently commented on TALO shares. Zacks Investment Research lowered shares of Talos Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 24th. Northland Securities reiterated a “buy” rating and set a $32.00 price target on shares of Talos Energy in a research note on Sunday, September 1st. ValuEngine upgraded shares of Talos Energy from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Roth Capital cut their price target on shares of Talos Energy from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, August 26th. Finally, Guggenheim set a $49.00 price target on shares of Talos Energy and gave the stock a “buy” rating in a research note on Wednesday, August 21st.
A number of large investors have recently made changes to their positions in the stock. Dalton Greiner Hartman Maher & Co. raised its stake in Talos Energy by 20.1% during the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 556,830 shares of the company’s stock worth $11,320,000 after acquiring an additional 93,211 shares in the last quarter. Nuveen Asset Management LLC acquired a new stake in Talos Energy during the 2nd quarter worth $15,288,000. Victory Capital Management Inc. acquired a new stake in Talos Energy during the 2nd quarter worth $40,000. UBS Asset Management Americas Inc. raised its stake in Talos Energy by 59.7% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 26,556 shares of the company’s stock worth $639,000 after acquiring an additional 9,932 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in Talos Energy by 25.5% during the 2nd quarter. Citadel Advisors LLC now owns 203,633 shares of the company’s stock worth $4,898,000 after acquiring an additional 41,422 shares in the last quarter. Hedge funds and other institutional investors own 98.09% of the company’s stock.
Shares of Talos Energy stock traded down $0.43 during trading on Monday, hitting $18.24. 96,267 shares of the stock were exchanged, compared to its average volume of 230,935. The stock has a market cap of $987.38 million, a price-to-earnings ratio of 6.86 and a beta of 1.69. The firm’s 50-day moving average price is $20.76 and its 200 day moving average price is $23.67. Talos Energy has a 12-month low of $14.60 and a 12-month high of $31.95. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.72 and a quick ratio of 0.72.
Talos Energy (NYSE:TALO) last released its quarterly earnings data on Wednesday, August 7th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.22. The business had revenue of $286.81 million during the quarter, compared to analysts’ expectations of $268.23 million. Talos Energy had a net margin of 30.24% and a return on equity of 15.59%. As a group, research analysts forecast that Talos Energy will post 2.14 earnings per share for the current year.
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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