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

Shares of Talos Energy Inc. (NYSE:TALO) have earned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $18.45.

Several research firms have recently commented on TALO. Benchmark restated a “buy” rating and set a $20.00 price objective on shares of Talos Energy in a report on Tuesday, November 12th. KeyCorp decreased their price target on shares of Talos Energy from $21.00 to $16.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Mizuho assumed coverage on shares of Talos Energy in a research note on Thursday, September 19th. They issued an “outperform” rating and a $16.00 price objective on the stock. Citigroup boosted their target price on shares of Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group assumed coverage on shares of Talos Energy in a report on Monday, July 22nd. They issued a “buy” rating and a $14.00 target price on the stock.

Insiders Place Their Bets

In related news, insider Control Empresarial De Capital purchased 547,000 shares of Talos Energy stock in a transaction that occurred on Tuesday, September 3rd. The stock was bought at an average price of $10.92 per share, for a total transaction of $5,973,240.00. Following the completion of the transaction, the insider now owns 40,685,904 shares in the company, valued at $444,290,071.68. This represents a 1.36 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have bought a total of 1,220,000 shares of company stock valued at $13,135,560 in the last 90 days. 0.77% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TALO. Signaturefd LLC raised its stake in shares of Talos Energy by 51.9% in the second quarter. Signaturefd LLC now owns 2,685 shares of the company’s stock valued at $33,000 after buying an additional 917 shares during the period. Everence Capital Management Inc. lifted its holdings in Talos Energy by 8.6% during the third quarter. Everence Capital Management Inc. now owns 22,050 shares of the company’s stock valued at $228,000 after purchasing an additional 1,740 shares during the last quarter. US Bancorp DE lifted its holdings in Talos Energy by 113.3% during the third quarter. US Bancorp DE now owns 3,440 shares of the company’s stock valued at $36,000 after purchasing an additional 1,827 shares during the last quarter. CIBC Asset Management Inc boosted its position in Talos Energy by 13.8% during the second quarter. CIBC Asset Management Inc now owns 15,195 shares of the company’s stock worth $185,000 after purchasing an additional 1,838 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Talos Energy by 91.1% in the second quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company’s stock worth $57,000 after purchasing an additional 2,235 shares in the last quarter. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

Talos Energy Trading Down 3.3 %

TALO opened at $11.28 on Friday. The company has a fifty day moving average price of $10.79 and a two-hundred day moving average price of $11.33. Talos Energy has a 1-year low of $9.44 and a 1-year high of $14.80. The company has a market cap of $2.03 billion, a P/E ratio of 20.89 and a beta of 1.92. The company has a current ratio of 0.97, a quick ratio of 0.80 and a debt-to-equity ratio of 0.47.

Talos Energy (NYSE:TALO) last issued its earnings results on Monday, November 11th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The firm had revenue of $509.29 million during the quarter, compared to the consensus estimate of $504.44 million. During the same period in the previous year, the firm earned $0.14 earnings per share. The business’s quarterly revenue was up 32.9% on a year-over-year basis. Analysts predict that Talos Energy will post -0.2 EPS for the current fiscal year.

Talos Energy Company Profile

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.