The stock was rated 'overweight by the firm.
TALO was the subject of a few other reports. KeyCorp raised their price target for Talos Energy to $21.00 in a Friday research note. They also gave the stock a 'overweight rating'. Stifel Nicolaus lowered their price target on Talos Energy to $22.00 from $26.00 in a Thursday, March 30, research note. They also gave the stock a buy' rating. Benchmark reiterated a buy' rating on Talos Energy shares and set a $40.00 target price in a research report on Friday, 24th March. TheStreet has downgraded Talos Energy's rating from 'b+' to 'c+' in a report published on February 28th. Roth Capital reiterated its 'buy rating' on Talos Energy shares in a report published on February 28th. During Monday's mid-day trade, the stock fell $0.08 to $13.75. Stock traded 1,390473 shares compared to the average of 1,582 607 shares. The company has a moving average of $15.17 for the last 50 days and $18.20 for the past 200. The market cap of the stock is $1.73 billion. It has a P/E of 3.03, and a beta value of 2.21. Talos Energy's low for the past year was $11.67, and its high for that year was $25.49. The debt-to equity ratio for the company is 0.50. Its quick ratio is 0.61, and its current ratio 0.61.
The company released its last earnings report on February 28th. The company's $0.15 per share earnings for the third quarter fell short of analysts' expectations ($0.57) by $0.42. Revenue for the firm was $342.20 millions during the quarter compared with the consensus estimate. Talos Energy's return on equity was 23.32%, and its net margin was 23.12%. Analysts expect Talos Energy to post 2.63 earnings-per-share for the current fiscal year.
Insiders Bet on the Future
Other Talos Energy news: Major shareholder Bcc Enven Investments, L.P. sold 363,804 of the company stock in a deal dated April 20th. The stock was bought at an average price $14.50 for a value of $5,275 158.00. After the sale was completed, the insider owns 15,145.377 shares of the company valued at $219.607,966.50. Insiders of the company own 0.79%.
Institutional Trading of Talos Energy
Hedge funds and institutional investors have recently increased or decreased their stakes. Investment Advisory Services Inc. TX ADV bought a new Talos Energy position during the first quarter valued at around $1,870,000. Ahrens Investment Partners LLC bought a new Talos Energy position during the first quarter worth approximately $60,000. ETF Managers Group LLC bought a new Talos Energy position during the first quarter worth approximately $69,000. Allspring Global Investments Holdings LLC increased its Talos Energy holdings by 5.9% in the first quarter. Allspring Global Investments Holdings LLC owns 199.140 shares of Talos Energy stock, valued at $2.955,000, after purchasing an additional 11,090 in the last quarter. SummerHaven Investment Management LLC increased its Talos Energy holdings by 1.9% in the first quarter. SummerHaven Investment Management LLC owns 58.212 shares worth $864,000, after purchasing an additional 1,067 in the previous quarter. Institutional investors hold 96.24% the company's shares.
Talos Energy Company Profile
Talos Energy, Inc is a holding firm. The company is involved in oil and gas exploration and production. It is primarily focused on exploration, acquisition and development of shallow- and deepwater assets in close proximity to existing infrastructure within the United States Gulf of Mexico. John A. founded the company.
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