Talos Energy (TALO) Cut to Sell at ValuEngine

Talos Energy (NYSE:TALO) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Sunday.

Several other brokerages also recently issued reports on TALO. Northland Securities assumed coverage on shares of Talos Energy in a research report on Monday, October 22nd. They set an “outperform” rating and a $45.00 price objective for the company. Seaport Global Securities reaffirmed a “buy” rating on shares of Talos Energy in a research report on Monday, August 27th. Zacks Investment Research downgraded shares of Talos Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 3rd. Capital One Financial assumed coverage on shares of Talos Energy in a research report on Monday, August 27th. They issued an “overweight” rating and a $45.00 target price for the company. Finally, Roth Capital assumed coverage on shares of Talos Energy in a research report on Tuesday, October 16th. They issued a “buy” rating and a $48.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $46.00.

Shares of TALO stock opened at $25.32 on Friday. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.72. Talos Energy has a 12-month low of $24.89 and a 12-month high of $37.64. The firm has a market cap of $1.44 billion, a PE ratio of 106.44 and a beta of 1.52.



Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Monday, August 6th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.61 by ($1.45). Talos Energy had a negative return on equity of 7.69% and a negative net margin of 8.65%. The company had revenue of $203.91 million for the quarter. On average, research analysts anticipate that Talos Energy will post 2.69 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Apollo Management Holdings L.P. bought a new position in Talos Energy in the second quarter valued at $616,621,000. Riverstone Holdings LLC acquired a new stake in Talos Energy in the second quarter valued at $479,594,000. Mackay Shields LLC acquired a new stake in Talos Energy in the second quarter valued at $128,094,000. BlackRock Inc. acquired a new stake in Talos Energy in the second quarter valued at $43,277,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Talos Energy in the second quarter valued at $19,872,000. 99.57% of the stock is owned by institutional investors and hedge funds.

About Talos Energy

Talos Energy Inc, an independent oil and gas company, focuses on the offshore exploration and production in the United States Gulf of Mexico and the shallow waters off the coast of Mexico. The company is headquartered in Houston, Texas.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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