Stephens reiterated their overweight rating on shares of Talos Energy (NYSE:TALO - Free Report) in a research note issued to investors on Monday, Benzinga reports. The firm currently has a $26.00 price target on the stock.
Other equities research analysts have also issued research reports about the stock. TheStreet lowered shares of Talos Energy from a b- rating to a c+ rating in a research note on Tuesday, March 19th. Benchmark restated a buy rating and issued a $20.00 price target on shares of Talos Energy in a research note on Friday, April 12th. Stifel Nicolaus reiterated a buy rating and set a $17.00 price objective (down previously from $20.00) on shares of Talos Energy in a research note on Friday, March 22nd. KeyCorp increased their target price on Talos Energy from $20.00 to $21.00 and gave the stock an overweight rating in a research note on Monday. Finally, Citigroup assumed coverage on shares of Talos Energy in a research note on Friday, March 22nd. They issued a buy rating and a $16.50 price target on the stock. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of Buy and an average target price of $20.94.
View Our Latest Analysis on Talos Energy
Talos Energy Trading Up 0.2 %
Shares of NYSE:TALO traded up $0.03 on Monday, hitting $13.57. The company had a trading volume of 1,013,298 shares, compared to its average volume of 2,065,827. The firm's 50-day simple moving average is $13.35 and its two-hundred day simple moving average is $13.82. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 8.49 and a beta of 2.01. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.46. Talos Energy has a 1 year low of $10.69 and a 1 year high of $17.59.
Talos Energy (NYSE:TALO - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.26). Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. The firm had revenue of $384.96 million for the quarter, compared to analysts' expectations of $386.90 million. Equities analysts anticipate that Talos Energy will post -0.05 earnings per share for the current fiscal year.
Insider Buying and Selling at Talos Energy
In other news, insider Control Empresarial De Capital purchased 468,729 shares of the stock in a transaction dated Wednesday, March 13th. The shares were purchased at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the acquisition, the insider now directly owns 35,216,510 shares of the company's stock, valued at $449,714,832.70. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.98% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in shares of Talos Energy by 11.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,287,655 shares of the company's stock valued at $89,474,000 after buying an additional 669,552 shares in the last quarter. Sourcerock Group LLC raised its stake in Talos Energy by 9.7% during the 3rd quarter. Sourcerock Group LLC now owns 6,274,940 shares of the company's stock valued at $103,160,000 after purchasing an additional 552,423 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Talos Energy by 17.2% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,400,000 shares of the company's stock worth $55,896,000 after purchasing an additional 500,000 shares in the last quarter. Vanguard Group Inc. boosted its stake in Talos Energy by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 7,920,081 shares of the company's stock worth $112,703,000 after purchasing an additional 332,489 shares during the period. Finally, Zweig DiMenna Associates LLC grew its holdings in Talos Energy by 27.2% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 1,538,897 shares of the company's stock valued at $25,299,000 after buying an additional 329,275 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors.
About Talos Energy
(
Get Free Report)
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.
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