Shares of Talos Energy Inc (NYSE:TALO) have received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Talos Energy’s rating score has improved by 66.7% from three months ago as a result of various analysts’ ratings changes.
Brokers have set a twelve-month consensus target price of $45.00 for the company and are predicting that the company will post $0.77 EPS for the current quarter, according to Zacks. Zacks has also given Talos Energy an industry rank of 106 out of 255 based on the ratings given to related companies.
Several brokerages recently weighed in on TALO. ValuEngine lowered Talos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 20th. Capital One Financial began coverage on Talos Energy in a report on Monday, August 27th. They issued an “overweight” rating and a $45.00 price objective for the company. Seaport Global Securities reissued a “buy” rating on shares of Talos Energy in a report on Monday, August 27th. Finally, Zacks Investment Research lowered Talos Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northern Trust Corp purchased a new stake in Talos Energy in the 2nd quarter worth about $7,837,000. Bank of New York Mellon Corp purchased a new stake in Talos Energy in the 2nd quarter worth about $9,225,000. California Public Employees Retirement System purchased a new stake in Talos Energy in the 2nd quarter worth about $482,000. GeoSphere Capital Management LLC purchased a new stake in Talos Energy in the 2nd quarter worth about $466,000. Finally, Pin Oak Investment Advisors Inc. purchased a new stake in Talos Energy in the 2nd quarter worth about $1,154,000. 99.54% of the stock is owned by institutional investors.
Shares of Talos Energy stock opened at $31.19 on Friday. Talos Energy has a 1 year low of $30.26 and a 1 year high of $37.64. The firm has a market cap of $1.78 billion, a PE ratio of 131.28 and a beta of 1.52. 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 (NYSE:TALO) last announced its earnings results on Monday, August 6th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($1.45). Talos Energy had a negative net margin of 8.65% and a negative return on equity of 7.69%. The business had revenue of $203.91 million for the quarter. Equities analysts expect that Talos Energy will post 2.4 earnings per share for the current fiscal year.
Talos Energy Company Profile
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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