Talos Energy (TALO) Set to Announce Quarterly Earnings on Monday

Talos Energy (NYSE:TALO) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Talos Energy (NYSE:TALO) last posted its earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.26). The business had revenue of $384.96 million for the quarter, compared to analyst estimates of $386.90 million. Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. On average, analysts expect Talos Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Talos Energy Stock Performance

NYSE TALO opened at $13.25 on Friday. The stock has a fifty day simple moving average of $13.47 and a 200-day simple moving average of $13.72. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The stock has a market cap of $2.44 billion, a PE ratio of 8.15 and a beta of 1.99. Talos Energy has a twelve month low of $10.69 and a twelve month high of $17.59.

Insider Transactions at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital purchased 468,729 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was purchased at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the completion of the acquisition, the insider now directly owns 35,216,510 shares of the company’s stock, valued at approximately $449,714,832.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TALO. KeyCorp lifted their price target on shares of Talos Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Monday, April 22nd. Stifel Nicolaus lifted their target price on shares of Talos Energy from $17.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Citigroup began coverage on Talos Energy in a research report on Friday, March 22nd. They set a “buy” rating and a $16.50 price target for the company. Stephens reissued an “overweight” rating and issued a $26.00 price objective on shares of Talos Energy in a research note on Monday, April 22nd. Finally, TheStreet downgraded shares of Talos Energy from a “b-” rating to a “c+” rating in a research note on Tuesday, March 19th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Talos Energy presently has a consensus rating of “Buy” and an average target price of $21.19.

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.