Analysts Set Talos Energy Inc. (NYSE:TALO) PT at $13.50

Talos Energy Inc. (NYSE:TALO) has received an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $13.50.

A number of equities analysts have recently weighed in on TALO shares. Wall Street Zen raised Talos Energy from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Mizuho restated a “neutral” rating and set a $11.00 price target on shares of Talos Energy in a research note on Monday, September 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Talos Energy in a report on Monday, November 24th.

Talos Energy Price Performance

TALO stock opened at $11.46 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.22 and a quick ratio of 1.22. The company’s 50-day moving average is $10.02 and its 200-day moving average is $9.19. The stock has a market capitalization of $1.95 billion, a PE ratio of -11.81 and a beta of 0.75. Talos Energy has a 1 year low of $6.23 and a 1 year high of $11.64.

Talos Energy (NYSE:TALO) last posted its quarterly earnings results on Friday, January 6th. The company reported $0.45 earnings per share for the quarter. The business had revenue of $382.96 million for the quarter. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%. Equities research analysts expect that Talos Energy will post -0.44 EPS for the current fiscal year.

Insider Buying and Selling at Talos Energy

In related news, Director Paula R. Glover sold 6,159 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $9.69, for a total value of $59,680.71. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Sourcerock Group LLC grew its position in Talos Energy by 11.0% in the 2nd quarter. Sourcerock Group LLC now owns 11,193,177 shares of the company’s stock worth $94,918,000 after purchasing an additional 1,110,685 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Talos Energy by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company’s stock worth $97,127,000 after buying an additional 58,165 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Talos Energy by 8.6% in the 3rd quarter. American Century Companies Inc. now owns 5,765,905 shares of the company’s stock worth $55,295,000 after buying an additional 455,409 shares during the last quarter. Philosophy Capital Management LLC grew its holdings in shares of Talos Energy by 11.5% in the first quarter. Philosophy Capital Management LLC now owns 4,251,212 shares of the company’s stock valued at $41,322,000 after acquiring an additional 437,788 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Talos Energy by 25.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,965,543 shares of the company’s stock valued at $28,440,000 after acquiring an additional 592,509 shares during the last quarter. 89.35% of the stock is owned by institutional investors.

About Talos Energy

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.