Talos Energy Inc. (NYSE:TALO) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Talos Energy Inc. (NYSE:TALO - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $15.94.

A number of analysts have commented on TALO shares. Benchmark reiterated a "buy" rating and issued a $20.00 price target on shares of Talos Energy in a research note on Tuesday, November 12th. KeyCorp dropped their price objective on shares of Talos Energy from $21.00 to $16.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 16th. Stephens reissued an "overweight" rating and issued a $21.00 price objective on shares of Talos Energy in a research report on Thursday, January 16th. Citigroup raised their price target on shares of Talos Energy from $12.50 to $14.50 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Finally, JPMorgan Chase & Co. began coverage on shares of Talos Energy in a research report on Thursday, December 5th. They set a "neutral" rating and a $12.00 price target on the stock.

Hedge Funds Weigh In On Talos Energy

Hedge funds have recently bought and sold shares of the company. Virtus Investment Advisers Inc. bought a new position in Talos Energy in the 3rd quarter valued at about $31,000. US Bancorp DE increased its holdings in Talos Energy by 113.3% in the 3rd quarter. US Bancorp DE now owns 3,440 shares of the company's stock valued at $36,000 after buying an additional 1,827 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Talos Energy in the 3rd quarter valued at about $75,000. KBC Group NV increased its holdings in Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock valued at $77,000 after buying an additional 2,515 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock valued at $106,000 after buying an additional 7,026 shares during the period. 89.35% of the stock is owned by institutional investors.

Talos Energy Stock Performance

TALO stock traded down $0.57 during trading hours on Friday, reaching $9.35. The stock had a trading volume of 1,836,256 shares, compared to its average volume of 1,816,319. The stock has a market capitalization of $1.68 billion, a PE ratio of 17.31 and a beta of 1.89. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50-day simple moving average of $10.19 and a 200 day simple moving average of $10.77. Talos Energy has a fifty-two week low of $8.89 and a fifty-two week high of $14.67.

Talos Energy (NYSE:TALO - Get Free Report) last announced its quarterly 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). The firm had revenue of $509.29 million during the quarter, compared to analyst estimates of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business's revenue was up 32.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. Analysts predict that Talos Energy will post -0.37 EPS for the current fiscal year.

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.