Talos Energy Inc. (NYSE:TALO) Receives $21.19 Consensus Target Price from Analysts

Shares of Talos Energy Inc. (NYSE:TALO) have been given a consensus rating of “Buy” by the eight research firms that are covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have covered the stock in the last year is $21.19.

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus upped their price objective on Talos Energy from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. KeyCorp boosted their price target on shares of Talos Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Monday, April 22nd. TheStreet lowered Talos Energy from a “b-” rating to a “c+” rating in a research note on Tuesday, March 19th. 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 target price on the stock. Finally, Stephens reissued an “overweight” rating and issued a $26.00 price objective on shares of Talos Energy in a research report on Monday, April 22nd.

Talos Energy Stock Performance

Shares of TALO stock opened at $13.25 on Wednesday. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 8.15 and a beta of 1.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.73. Talos Energy has a one year low of $10.69 and a one year high of $17.59. The company’s 50-day moving average is $13.47 and its 200 day moving average is $13.72.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.22 by ($0.26). The firm had revenue of $384.96 million during the quarter, compared to the consensus estimate of $386.90 million. Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. Sell-side analysts expect that Talos Energy will post -0.04 EPS for the current fiscal year.

Insider Activity

In other news, insider Control Empresarial De Capital acquired 468,729 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the completion of the acquisition, the insider now 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 is available at the SEC website. Company insiders own 0.79% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC lifted its stake in shares of Talos Energy by 44.3% in the 4th quarter. Quadrant Capital Group LLC now owns 5,640 shares of the company’s stock valued at $80,000 after purchasing an additional 1,731 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Talos Energy by 13.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 7,755 shares of the company’s stock valued at $127,000 after purchasing an additional 903 shares in the last quarter. Norden Group LLC purchased a new position in Talos Energy during the first quarter worth approximately $147,000. Stonegate Investment Group LLC acquired a new stake in Talos Energy in the first quarter valued at approximately $261,000. Finally, Laurion Capital Management LP acquired a new position in shares of Talos Energy during the 3rd quarter worth approximately $268,000. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

Talos Energy Company Profile

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.