Shares of Talos Energy Inc. (NYSE:TALO – Get Rating) have been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $21.64.
TALO has been the topic of a number of research reports. MKM Partners reaffirmed a “buy” rating and set a $23.00 price target on shares of Talos Energy in a research note on Wednesday, July 20th. TheStreet raised shares of Talos Energy from a “c-” rating to a “b-” rating in a research report on Thursday, August 4th.
Talos Energy Stock Performance
Shares of Talos Energy stock opened at $15.09 on Tuesday. The business has a 50-day moving average price of $18.93 and a two-hundred day moving average price of $18.43. Talos Energy has a 1-year low of $8.57 and a 1-year high of $25.49. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.88. The company has a market cap of $1.25 billion, a P/E ratio of 6.56 and a beta of 2.27.
Talos Energy (NYSE:TALO – Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The company reported $1.15 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.13). The company had revenue of $519.09 million for the quarter, compared to analyst estimates of $434.13 million. Talos Energy had a return on equity of 24.73% and a net margin of 12.02%. As a group, analysts anticipate that Talos Energy will post 4.59 EPS for the current year.
Institutional Investors Weigh In On Talos Energy
Several large investors have recently modified their holdings of TALO. Comerica Bank raised its holdings in Talos Energy by 1.6% during the 1st quarter. Comerica Bank now owns 36,563 shares of the company’s stock valued at $737,000 after acquiring an additional 560 shares during the period. US Bancorp DE increased its holdings in Talos Energy by 39.2% during the 1st quarter. US Bancorp DE now owns 2,811 shares of the company’s stock worth $44,000 after acquiring an additional 791 shares during the period. Texas Permanent School Fund boosted its holdings in Talos Energy by 2.8% in the 2nd quarter. Texas Permanent School Fund now owns 29,827 shares of the company’s stock valued at $461,000 after purchasing an additional 802 shares during the period. Yousif Capital Management LLC grew its position in shares of Talos Energy by 2.4% during the 1st quarter. Yousif Capital Management LLC now owns 38,007 shares of the company’s stock valued at $600,000 after purchasing an additional 895 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its position in shares of Talos Energy by 17.5% in the second quarter. Mutual of America Capital Management LLC now owns 6,931 shares of the company’s stock worth $107,000 after buying an additional 1,032 shares in the last quarter. Hedge funds and other institutional investors own 92.31% of the company’s stock.
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. As of December 31, 2021, the company had proved reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas, and 14,435 thousand barrels of crude oil.
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