2 weeks Ago By ABMN Staff
Shares of Talos Energy Inc. ( NYSE:TALO – Get Free Report ) have earned a consensus recommendation of “Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports.
Nine analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $19.83.
A number of research analysts have weighed in on the company. Stephens restated an “overweight” rating and issued a $24.00 price target on shares of Talos Energy in a research note on Wednesday, July 10th.
Mizuho initiated coverage on Talos Energy in a research note on Thursday, September 19th. They set an “outperform” rating and a $16.00 target price for the company.
The Goldman Sachs Group initiated coverage on Talos Energy in a research note on Monday, July 22nd. They set a “buy” rating and a $14.00 target price for the company.
Finally, Benchmark reiterated a “buy” rating and set a $20.00 target price on shares of Talos Energy in a research note on Friday. Read Our Latest Stock Report on Talos Energy Insider Activity at Talos Energy Hedge Funds Weigh In On Talos Energy Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
Invesco Senior Secured Management Inc. ADV acquired a new position in shares of Talos Energy during the 1st quarter worth $77,977,000. Vanguard Group Inc.
increased its holdings in Talos Energy by 23.7% in the 1st quarter. Vanguard Group Inc.
now owns 9,793,618 shares of the company’s stock worth $136,425,000 after purchasing an additional 1,873,537 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Talos Energy by 1,557.
7% in the 2nd quarter. Victory Capital Management Inc. now owns 1,834,694 shares of the company’s stock worth $22,292,000 after purchasing an additional 1,724,014 shares in the last quarter.
Encompass Capital Advisors LLC acquired a new position in Talos Energy in the 2nd quarter worth about $18,832,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A.
acquired a new position in Talos Energy in the 2nd quarter worth about $13,693,000. 89.35% of the stock is owned by institutional investors and hedge funds.
Talos Energy Stock Up 1.4 % Shares of Talos Energy stock opened at $10.19 on Friday.
The business’s 50 day simple moving average is $11.31 and its 200 day simple moving average is $12.06.
Talos Energy has a 52-week low of $9.81 and a 52-week high of $17.09.
The firm has a market cap of $1.84 billion, a PE ratio of 145.57 and a beta of 1.
94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.
80 and a current ratio of 0.80. Talos Energy ( NYSE:TALO – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th.
The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.
16. The firm had revenue of $549.17 million during the quarter, compared to the consensus estimate of $516.
61 million. Talos Energy had a negative return on equity of 0.21% and a negative net margin of 0.
93%. The business’s revenue was up 49.6% compared to the same quarter last year.
During the same period last year, the company earned $0.06 earnings per share. On average, analysts predict that Talos Energy will post -0.
14 earnings per share 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. Read More Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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