Talos Energy (TALO) Scheduled to Post Earnings on Monday

Talos Energy (NYSE:TALO) will issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Talos Energy (NYSE:TALO) last issued its quarterly earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.26). The firm had revenue of $384.96 million for the quarter, compared to the consensus estimate of $386.90 million. Talos Energy had a net margin of 12.85% and a return on equity of 0.76%. On average, analysts expect Talos Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Talos Energy Stock Performance

TALO opened at $13.25 on Friday. The stock’s 50 day simple moving average is $13.47 and its 200-day simple moving average is $13.72. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The stock has a market cap of $2.44 billion, a PE ratio of 8.15 and a beta of 1.99. Talos Energy has a 1 year low of $10.69 and a 1 year high of $17.59.

Insiders Place Their Bets

In other news, insider Control Empresarial De Capital acquired 468,729 shares of Talos Energy stock in a transaction on Wednesday, March 13th. The shares were purchased at an average price of $12.77 per share, with a total value of $5,985,669.33. Following the acquisition, the insider now owns 35,216,510 shares in the company, valued at $449,714,832.70. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TALO. Stifel Nicolaus upped their price objective on Talos Energy from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. KeyCorp increased their price objective on Talos Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Benchmark reissued a “buy” rating and set a $20.00 price objective on shares of Talos Energy in a report on Friday, April 12th. Stephens reiterated an “overweight” rating and set a $26.00 target price on shares of Talos Energy in a research report on Monday, April 22nd. Finally, Citigroup started coverage on shares of Talos Energy in a research report on Friday, March 22nd. They issued a “buy” rating and a $16.50 price target on the stock. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Talos Energy currently has a consensus rating of “Buy” and a consensus price target of $21.19.

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.