Talos Energy (NYSE:TALO) received a $45.00 price target from research analysts at Roth Capital in a report issued on Thursday, TipRanks reports. The firm currently has a “buy” rating on the stock. Roth Capital’s target price points to a potential upside of 99.73% from the company’s previous close.
A number of other research firms have also commented on TALO. Zacks Investment Research lowered Talos Energy from a “buy” rating to a “hold” rating in a research report on Thursday. ValuEngine downgraded Talos Energy from a “sell” rating to a “strong sell” rating in a research note on Monday, June 3rd. Stephens set a $37.00 price objective on Talos Energy and gave the company a “buy” rating in a report on Wednesday, May 22nd. Finally, Northland Securities reaffirmed a “buy” rating and issued a $40.00 price target on shares of Talos Energy in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $38.33.
Shares of TALO stock opened at $22.53 on Thursday. The firm has a market cap of $1.22 billion, a PE ratio of 8.47 and a beta of 1.74. Talos Energy has a 52 week low of $14.60 and a 52 week high of $37.64.
Talos Energy (NYSE:TALO) last announced its earnings results on Wednesday, May 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.24. Talos Energy had a return on equity of 2.83% and a net margin of 14.59%. The business had revenue of $178.71 million for the quarter, compared to analyst estimates of $178.06 million. On average, research analysts expect that Talos Energy will post 3.15 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of the business. SG3 Management LLC acquired a new stake in Talos Energy in the first quarter valued at approximately $64,000. BNP Paribas Arbitrage SA raised its holdings in shares of Talos Energy by 52,525.0% in the first quarter. BNP Paribas Arbitrage SA now owns 4,210 shares of the company’s stock worth $112,000 after buying an additional 4,202 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Talos Energy in the first quarter worth $175,000. Metropolitan Life Insurance Co. NY raised its holdings in shares of Talos Energy by 352.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,403 shares of the company’s stock worth $121,000 after buying an additional 5,765 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Talos Energy in the first quarter worth $201,000. Institutional investors and hedge funds own 97.68% of the company’s stock.
Talos Energy Company Profile
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
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