Talos Energy Inc. (NYSE:TALO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Talos Energy Inc. (NYSE:TALOGet Free Report) have received a consensus rating of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $15.94.

A number of equities research analysts have recently weighed in on TALO shares. Mizuho dropped their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th. JPMorgan Chase & Co. assumed coverage on shares of Talos Energy in a research note on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price objective for the company. BMO Capital Markets decreased their target price on shares of Talos Energy from $14.00 to $13.00 and set a “market perform” rating on the stock in a research report on Friday, October 4th. Citigroup lifted their price target on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Benchmark reissued a “buy” rating and set a $20.00 price target on shares of Talos Energy in a research report on Tuesday, November 12th.

Read Our Latest Report on TALO

Institutional Investors Weigh In On Talos Energy

Hedge funds have recently made changes to their positions in the business. Barclays PLC boosted its stake in Talos Energy by 21.9% in the 3rd quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock worth $12,149,000 after purchasing an additional 210,687 shares during the period. PDT Partners LLC purchased a new position in Talos Energy during the third quarter valued at approximately $598,000. Verition Fund Management LLC grew its position in Talos Energy by 250.2% during the third quarter. Verition Fund Management LLC now owns 94,395 shares of the company’s stock worth $977,000 after buying an additional 67,438 shares in the last quarter. Weiss Asset Management LP grew its stake in Talos Energy by 103.0% in the 3rd quarter. Weiss Asset Management LP now owns 263,489 shares of the company’s stock worth $2,727,000 after buying an additional 133,714 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new position in Talos Energy in the second quarter worth $608,000. 89.35% of the stock is currently owned by institutional investors.

Talos Energy Stock Up 0.8 %

Talos Energy stock opened at $10.01 on Friday. The company’s 50-day moving average price is $10.22 and its two-hundred day moving average price is $10.80. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1.80 billion, a P/E ratio of 18.53 and a beta of 1.91. Talos Energy has a twelve month low of $8.89 and a twelve month high of $14.67.

Talos Energy (NYSE:TALOGet Free Report) last announced its earnings results on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The firm had revenue of $509.29 million for the quarter, compared to the consensus estimate of $504.44 million. Talos Energy had a negative return on equity of 1.98% and a net margin of 3.95%. Talos Energy’s revenue for the quarter was up 32.9% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. As a group, analysts expect that Talos Energy will post -0.35 EPS for the current 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.

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Analyst Recommendations for Talos Energy (NYSE:TALO)

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