Talos Energy (NYSE:TALO) Reaches New 1-Year Low - Time to Sell?

Talos Energy Inc. (NYSE:TALO - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $7.75 and last traded at $7.78, with a volume of 23062 shares trading hands. The stock had previously closed at $8.20.

Wall Street Analyst Weigh In

Several research firms recently commented on TALO. Mizuho decreased their target price on Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research note on Monday. Citigroup lowered their price objective on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. JPMorgan Chase & Co. cut their target price on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Finally, Stephens decreased their price target on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $15.33.

Talos Energy Stock Up 12.9 %

The company has a market cap of $1.30 billion, a P/E ratio of 13.52 and a beta of 1.33. 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 fifty day moving average price of $8.91 and a two-hundred day moving average price of $9.93.

Hedge Funds Weigh In On Talos Energy

Hedge funds have recently modified their holdings of the company. Sterling Capital Management LLC lifted its holdings in Talos Energy by 787.0% during the fourth quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after acquiring an additional 4,053 shares during the period. Parallel Advisors LLC raised its stake in shares of Talos Energy by 2,601.0% during the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company's stock worth $52,000 after purchasing an additional 5,124 shares during the period. KBC Group NV boosted its holdings in shares of Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after buying an additional 2,515 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Talos Energy by 182.1% during the fourth 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. Finally, FMR LLC increased its holdings in Talos Energy by 119.2% during the third quarter. FMR LLC now owns 10,395 shares of the company's stock worth $108,000 after buying an additional 5,653 shares during the last quarter. Institutional investors own 89.35% of the company's stock.

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.