Talos Energy Inc (NYSE:TALO) – Investment analysts at Capital One Financial increased their FY2019 earnings estimates for shares of Talos Energy in a note issued to investors on Wednesday, December 11th, according to Zacks Investment Research. Capital One Financial analyst R. Tullis now expects that the company will post earnings per share of $2.55 for the year, up from their previous forecast of $2.41.
A number of other equities analysts also recently commented on the stock. Northland Securities restated a “buy” rating and issued a $32.00 target price on shares of Talos Energy in a research note on Sunday, September 1st. ValuEngine downgraded shares of Talos Energy from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 30th. Finally, Zacks Investment Research downgraded shares of Talos Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the company. Talos Energy currently has a consensus rating of “Hold” and an average target price of $36.40.
TALO stock traded down $0.07 during mid-day trading on Thursday, reaching $29.70. The company had a trading volume of 285,099 shares, compared to its average volume of 357,769. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $1.61 billion, a PE ratio of 11.17 and a beta of 1.86. The firm has a 50 day moving average of $25.56 and a 200 day moving average of $22.45. Talos Energy has a 12 month low of $15.42 and a 12 month high of $30.93.
Talos Energy (NYSE:TALO) last issued its earnings results on Wednesday, November 6th. The company reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.17. The business had revenue of $228.86 million for the quarter, compared to the consensus estimate of $236.85 million. Talos Energy had a net margin of 38.27% and a return on equity of 17.26%.
Institutional investors and hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. purchased a new stake in shares of Talos Energy in the 2nd quarter worth approximately $40,000. Point72 Hong Kong Ltd purchased a new stake in shares of Talos Energy in the 2nd quarter worth approximately $98,000. LSV Asset Management purchased a new stake in shares of Talos Energy in the 2nd quarter worth approximately $127,000. Aperio Group LLC purchased a new stake in shares of Talos Energy in the 2nd quarter worth approximately $128,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Talos Energy in the 2nd quarter worth approximately $233,000. 98.62% of the stock is owned by hedge funds and other institutional investors.
About Talos Energy
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
