Equities analysts predict that Talos Energy Inc (NYSE:TALO) will report $241.22 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Talos Energy’s earnings, with estimates ranging from $238.55 million to $242.90 million. Talos Energy posted sales of $258.66 million during the same quarter last year, which suggests a negative year-over-year growth rate of 6.7%. The company is scheduled to announce its next earnings report on Wednesday, March 11th.
According to Zacks, analysts expect that Talos Energy will report full year sales of $943.11 million for the current year, with estimates ranging from $936.60 million to $952.10 million. For the next financial year, analysts anticipate that the firm will report sales of $930.92 million, with estimates ranging from $899.35 million to $949.80 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Talos Energy.
Talos Energy (NYSE:TALO) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.17. Talos Energy had a return on equity of 17.26% and a net margin of 38.27%. The company had revenue of $228.86 million during the quarter, compared to analyst estimates of $236.85 million.
A number of analysts have weighed in on TALO shares. Zacks Investment Research lowered Talos Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 24th. Northland Securities reissued a “buy” rating and set a $32.00 target price on shares of Talos Energy in a research report on Sunday, September 1st. Guggenheim set a $49.00 price target on shares of Talos Energy and gave the stock a “buy” rating in a report on Wednesday, August 21st. ValuEngine downgraded Talos Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 30th. Finally, Roth Capital dropped their target price on Talos Energy from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, August 26th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the company. Talos Energy presently has an average rating of “Hold” and an average price target of $36.40.
Large investors have recently modified their holdings of the stock. California State Teachers Retirement System lifted its stake in Talos Energy by 1.7% during the 3rd quarter. California State Teachers Retirement System now owns 31,369 shares of the company’s stock valued at $638,000 after acquiring an additional 515 shares during the period. Swiss National Bank increased its stake in shares of Talos Energy by 2.0% in the second quarter. Swiss National Bank now owns 40,300 shares of the company’s stock worth $969,000 after acquiring an additional 800 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Talos Energy by 0.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 124,507 shares of the company’s stock worth $2,995,000 after acquiring an additional 877 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of Talos Energy in the second quarter worth $40,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Talos Energy by 28.5% during the second quarter. Meeder Asset Management Inc. now owns 10,577 shares of the company’s stock worth $254,000 after purchasing an additional 2,348 shares during the last quarter. Institutional investors own 98.62% of the company’s stock.
NYSE:TALO opened at $25.35 on Monday. Talos Energy has a twelve month low of $14.60 and a twelve month high of $30.93. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 9.53 and a beta of 1.86. The stock has a fifty day simple moving average of $22.51 and a 200-day simple moving average of $22.07. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.66.
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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