Talos Energy (NYSE:TALO) Sets New 1-Year Low at $12.26

Talos Energy Inc. (NYSE:TALO – Get Rating) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $12.26 and last traded at $12.55, with a volume of 167609 shares. The stock had previously closed at $13.33.

Analyst Ratings Changes

Several research analysts have recently commented on TALO shares. TheStreet downgraded Talos Energy from a “b-” rating to a “c” rating in a report on Tuesday, February 28th. Roth Capital restated a “buy” rating on shares of Talos Energy in a report on Tuesday, February 28th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $25.00.

Talos Energy Stock Performance

The company has a market cap of $1.58 billion, a PE ratio of 2.65 and a beta of 2.19. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $18.09 and a 200-day moving average of $19.20.

Talos Energy (NYSE:TALO – Get Rating) last posted its quarterly earnings data on Tuesday, February 28th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.42). The firm had revenue of $342.20 million for the quarter, compared to the consensus estimate of $350.00 million. Talos Energy had a net margin of 23.12% and a return on equity of 23.32%. Equities research analysts anticipate that Talos Energy Inc. will post 3.35 earnings per share for the current fiscal year.

Institutional Trading of Talos Energy

Large investors have recently bought and sold shares of the company. CIBC Asset Management Inc bought a new stake in Talos Energy during the 3rd quarter valued at approximately $187,000. Two Sigma Advisers LP boosted its position in Talos Energy by 11.9% during the 3rd quarter. Two Sigma Advisers LP now owns 1,345,420 shares of the company’s stock valued at $22,401,000 after acquiring an additional 142,800 shares in the last quarter. Trexquant Investment LP bought a new stake in Talos Energy during the 2nd quarter valued at approximately $1,939,000. Two Sigma Investments LP boosted its position in Talos Energy by 17.6% during the 3rd quarter. Two Sigma Investments LP now owns 1,123,922 shares of the company’s stock valued at $18,713,000 after acquiring an additional 168,104 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its position in Talos Energy by 281.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 572,098 shares of the company’s stock valued at $8,850,000 after acquiring an additional 422,098 shares in the last quarter. 96.24% of the stock is owned by institutional investors.

About Talos Energy

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Talos Energy, Inc operates as a holding company. The firm engages in the exploration and production of oil and natural gas. It focuses on the exploration, acquisition, exploitation and development of shallow and deepwater assets near existing infrastructure in the United State Gulf of Mexico. The company was founded by John A.