Weekly Investment Analysts’ Ratings Updates for Talos Energy (TALO)

A number of firms have modified their ratings and price targets on shares of Talos Energy (NYSE: TALO) recently:

  • 6/19/2019 – Talos Energy was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Talos Energy LLC engages in exploration, development and production of oil and natural gas properties. It operates primarily in the Gulf of Mexico and in the shallow waters off the coast of Mexico. Talos Energy LLC, formerly known as Stone Energy Corporation, is based in Houston, Texas. “
  • 6/14/2019 – Talos Energy was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $24.00 price target on the stock. According to Zacks, “Talos Energy LLC engages in exploration, development and production of oil and natural gas properties. It operates primarily in the Gulf of Mexico and in the shallow waters off the coast of Mexico. Talos Energy LLC, formerly known as Stone Energy Corporation, is based in Houston, Texas. “
  • 6/13/2019 – Talos Energy was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Talos Energy LLC engages in exploration, development and production of oil and natural gas properties. It operates primarily in the Gulf of Mexico and in the shallow waters off the coast of Mexico. Talos Energy LLC, formerly known as Stone Energy Corporation, is based in Houston, Texas. “
  • 6/13/2019 – Talos Energy was given a new $45.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 6/7/2019 – Talos Energy was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $25.00 price target on the stock. According to Zacks, “Talos Energy LLC engages in exploration, development and production of oil and natural gas properties. It operates primarily in the Gulf of Mexico and in the shallow waters off the coast of Mexico. Talos Energy LLC, formerly known as Stone Energy Corporation, is based in Houston, Texas. “
  • 6/3/2019 – Talos Energy was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 6/1/2019 – Talos Energy was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Talos Energy LLC engages in exploration, development and production of oil and natural gas properties. It operates primarily in the Gulf of Mexico and in the shallow waters off the coast of Mexico. Talos Energy LLC, formerly known as Stone Energy Corporation, is based in Houston, Texas. “
  • 5/22/2019 – Talos Energy was given a new $37.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.

NYSE TALO opened at $22.14 on Wednesday. The stock has a market cap of $1.21 billion, a P/E ratio of 8.32 and a beta of 1.74. The firm has a fifty day moving average of $24.80. Talos Energy Inc has a 12 month low of $14.60 and a 12 month 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 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 company had revenue of $178.71 million during the quarter, compared to analyst estimates of $178.06 million. Analysts expect that Talos Energy Inc will post 3.15 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in the company. Royce & Associates LP boosted its stake in Talos Energy by 0.3% during the fourth quarter. Royce & Associates LP now owns 700,138 shares of the company’s stock valued at $11,426,000 after buying an additional 1,959 shares during the period. SG3 Management LLC acquired a new stake in Talos Energy in the first quarter worth about $64,000. Northern Trust Corp lifted its holdings in Talos Energy by 1.1% in the fourth quarter. Northern Trust Corp now owns 257,117 shares of the company’s stock worth $4,196,000 after purchasing an additional 2,828 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in 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 purchasing an additional 4,202 shares during the period. Finally, Metropolitan Life Insurance Co. NY lifted its holdings in 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 purchasing an additional 5,765 shares during the period. Institutional investors and hedge funds own 97.68% of the company’s stock.

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.

Recommended Story: What is an investor looking for in an SEC filing?

Receive News & Ratings for Talos Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.