Talos Energy Inc. (NYSE:TALO) has been assigned an average rating of “Buy” from the eleven ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $15.00.
Several brokerages recently weighed in on TALO. ValuEngine downgraded Talos Energy from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 1st. KeyCorp dropped their price objective on Talos Energy from $14.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, October 20th. BidaskClub downgraded Talos Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, December 23rd. Finally, Northland Securities began coverage on Talos Energy in a research report on Monday, September 14th. They set an “outperform” rating and a $19.00 price objective for the company.
NYSE:TALO opened at $8.24 on Wednesday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.91 and a current ratio of 0.91. Talos Energy has a fifty-two week low of $5.00 and a fifty-two week high of $31.34. The company has a market cap of $601.77 million, a price-to-earnings ratio of 4.31 and a beta of 3.22. The stock has a fifty day moving average price of $8.68 and a 200-day moving average price of $7.85.
Talos Energy (NYSE:TALO) last announced its quarterly earnings data on Wednesday, November 4th. The company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($0.04). Talos Energy had a return on equity of 8.15% and a net margin of 12.28%. The business had revenue of $135.14 million for the quarter, compared to the consensus estimate of $148.68 million. Research analysts predict that Talos Energy will post -0.86 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of TALO. Public Employees Retirement System of Ohio acquired a new position in Talos Energy in the 3rd quarter worth about $61,000. Louisiana State Employees Retirement System acquired a new stake in shares of Talos Energy in the third quarter valued at about $70,000. Jane Street Group LLC increased its stake in shares of Talos Energy by 140.0% in the third quarter. Jane Street Group LLC now owns 11,230 shares of the company’s stock valued at $72,000 after buying an additional 39,311 shares during the period. Bank of Montreal Can increased its stake in shares of Talos Energy by 62.4% in the second quarter. Bank of Montreal Can now owns 9,933 shares of the company’s stock valued at $79,000 after buying an additional 3,817 shares during the period. Finally, CoreCommodity Management LLC acquired a new stake in shares of Talos Energy in the third quarter valued at about $151,000.
About Talos Energy
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production of oil and natural gas properties in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is based in Houston, Texas.
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