Talos Energy (NYSE:TALO) Price Target Raised to $14.00

Talos Energy (NYSE:TALO) had its target price lifted by Mizuho from $11.00 to $14.00 in a report released on Friday morning, MarketBeat Ratings reports. Mizuho currently has a neutral rating on the stock.

Other research analysts also recently issued research reports about the company. Wall Street Zen upgraded Talos Energy from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Talos Energy in a research note on Monday, December 8th. Finally, KeyCorp raised their price objective on Talos Energy from $12.00 to $13.50 and gave the company an “overweight” rating in a research report on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $14.25.

Talos Energy Stock Performance

Shares of TALO stock opened at $11.40 on Friday. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of -5.67 and a beta of 0.55. The stock has a fifty day moving average of $10.39 and a 200 day moving average of $9.44. Talos Energy has a 52 week low of $6.23 and a 52 week high of $12.19. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.51.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Friday, January 6th. The company reported $0.45 EPS for the quarter. The business had revenue of $382.96 million during the quarter. Talos Energy had a negative net margin of 19.02% and a negative return on equity of 2.76%. As a group, research analysts expect that Talos Energy will post -0.44 earnings per share for the current year.

Institutional Investors Weigh In On Talos Energy

Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its holdings in shares of Talos Energy by 91.8% during the first quarter. PNC Financial Services Group Inc. now owns 14,969 shares of the company’s stock valued at $146,000 after acquiring an additional 7,164 shares in the last quarter. Vanguard Group Inc. grew its position in Talos Energy by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company’s stock valued at $97,127,000 after purchasing an additional 58,165 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Talos Energy by 11.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,330,304 shares of the company’s stock valued at $22,651,000 after purchasing an additional 230,119 shares in the last quarter. Invesco Ltd. raised its holdings in Talos Energy by 23.3% in the first quarter. Invesco Ltd. now owns 1,382,337 shares of the company’s stock worth $13,436,000 after buying an additional 260,781 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Talos Energy in the first quarter worth approximately $176,000. 89.35% of the stock is owned by institutional investors.

About Talos Energy

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.