Talos Energy Inc. (NYSE:TALO) Given Consensus Recommendation of "Moderate Buy" by Analysts

Talos Energy Inc. (NYSE:TALO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the nine analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $16.50.

Several equities research analysts recently weighed in on the company. BMO Capital Markets reduced their price target on Talos Energy from $14.00 to $13.00 and set a "market perform" rating on the stock in a research note on Friday, October 4th. KeyCorp reduced their target price 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. 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 for the company. Citigroup upped their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the stock a "buy" rating in a report on Thursday, November 14th. Finally, Benchmark reaffirmed a "buy" rating and set a $20.00 target price on shares of Talos Energy in a research note on Tuesday, November 12th.

Insider Transactions at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital purchased 100,000 shares of the firm's stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of $10.31 per share, for a total transaction of $1,031,000.00. Following the completion of the purchase, the insider now directly owns 43,545,604 shares of the company's stock, valued at $448,955,177.24. This trade represents a 0.23 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.77% of the company's stock.

Institutional Inflows and Outflows

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

Talos Energy Trading Down 2.4 %

Shares of TALO traded down $0.25 during trading hours on Thursday, reaching $10.00. 1,819,409 shares of the company traded hands, compared to its average volume of 2,078,490. Talos Energy has a 12 month low of $9.44 and a 12 month high of $14.77. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The company's fifty day moving average price is $10.78 and its two-hundred day moving average price is $11.13. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 18.52 and a beta of 1.92.

Talos Energy (NYSE:TALO - Get Free Report) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $504.44 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The business's revenue was up 32.9% compared to the same quarter last year. Equities research analysts predict that Talos Energy will post -0.35 earnings per share 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.