Talos Energy (NYSE:TALO) Rating Lowered to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Talos Energy from "hold" to "sell", while analyst coverage remains mixed (three Buy, three Hold, one Sell) and the consensus price target is $17.20.
• Talos reported ($0.44) EPS, missing estimates by $0.17 and posting revenue of $392.2 million (vs. $431.2M expected), with revenue down 19.2% year‑over‑year and negative net margin and return on equity.
• An insider, Control Empresarial De Capital, sold 1,352,000 shares for about $22.6 million; the stock trades near $14.88 (market cap ~$2.49B) with a 52‑week range of $6.76–$17.00.

Talos Energy (NYSE:TALO - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday.

A number of other research analysts have also recently weighed in on TALO. Roth Mkm reaffirmed a "neutral" rating and set a $16.00 price objective (up from $13.00) on shares of Talos Energy in a research report on Wednesday, April 8th. Benchmark cut Talos Energy from a "buy" rating to a "hold" rating in a research report on Thursday, March 5th. Citigroup lifted their price objective on Talos Energy from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, March 31st. Mizuho lifted their price objective on Talos Energy from $14.00 to $15.00 and gave the company a "neutral" rating in a research report on Tuesday, March 17th. Finally, KeyCorp lifted their price objective on Talos Energy from $15.00 to $21.00 and gave the company an "overweight" rating in a research report on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.20.

Talos Energy Trading Down 2.3%

Talos Energy stock opened at $14.88 on Friday. The business has a 50-day simple moving average of $14.24 and a two-hundred day simple moving average of $12.08. The company has a market cap of $2.49 billion, a P/E ratio of -5.24 and a beta of 0.35. Talos Energy has a 52-week low of $6.76 and a 52-week high of $17.00. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.57.

Talos Energy (NYSE:TALO - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.17). Talos Energy had a negative net margin of 27.77% and a negative return on equity of 6.59%. The firm had revenue of $392.24 million for the quarter, compared to the consensus estimate of $431.22 million. During the same quarter in the prior year, the firm earned $0.08 earnings per share. The company's revenue for the quarter was down 19.2% compared to the same quarter last year. Analysts predict that Talos Energy will post 0.21 EPS for the current year.

Insider Buying and Selling

In related news, insider Control Empresarial De Capital sold 1,352,000 shares of the business's stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $16.68, for a total value of $22,551,360.00. Following the transaction, the insider directly owned 41,233,604 shares of the company's stock, valued at approximately $687,776,514.72. The trade was a 3.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.36% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC lifted its holdings in Talos Energy by 142.9% in the 3rd quarter. Larson Financial Group LLC now owns 3,301 shares of the company's stock worth $32,000 after purchasing an additional 1,942 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in Talos Energy by 134.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,703 shares of the company's stock worth $32,000 after purchasing an additional 2,123 shares in the last quarter. Quarry LP purchased a new position in Talos Energy in the 3rd quarter worth approximately $36,000. PNC Financial Services Group Inc. lifted its holdings in Talos Energy by 22.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,679 shares of the company's stock worth $54,000 after purchasing an additional 1,049 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Talos Energy by 395.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,560 shares of the company's stock worth $56,000 after purchasing an additional 5,236 shares in the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Talos Energy Company Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company's core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy's asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.

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