Wall Street brokerages expect that Talos Energy Inc (NYSE:TALO) will report earnings per share of $1.06 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Talos Energy’s earnings. The highest EPS estimate is $1.12 and the lowest is $1.00. Talos Energy posted earnings per share of $0.12 in the same quarter last year, which would indicate a positive year-over-year growth rate of 783.3%. The company is scheduled to report its next earnings report on Monday, March 11th.

On average, analysts expect that Talos Energy will report full year earnings of $2.37 per share for the current year. For the next financial year, analysts anticipate that the business will report earnings of $3.74 per share, with EPS estimates ranging from $3.26 to $4.22. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Talos Energy.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.69). Talos Energy had a negative net margin of 4.09% and a negative return on equity of 3.76%. The firm had revenue of $282.87 million during the quarter, compared to analysts’ expectations of $279.40 million.

TALO has been the subject of a number of research reports. ValuEngine cut Talos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 20th. Capital One Financial initiated coverage on Talos Energy in a research note on Monday, August 27th. They issued an “overweight” rating and a $45.00 price objective for the company. Seaport Global Securities reiterated a “buy” rating on shares of Talos Energy in a research note on Monday, August 27th. Roth Capital initiated coverage on Talos Energy in a research note on Tuesday, October 16th. They issued a “buy” rating and a $48.00 price objective for the company. Finally, Northland Securities initiated coverage on Talos Energy in a research note on Monday, October 22nd. They set an “outperform” rating and a $45.00 price target for the company. Two equities research analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $41.20.

In related news, Director John B. Juneau purchased 12,400 shares of the business’s stock in a transaction dated Thursday, November 8th. The stock was acquired at an average price of $24.15 per share, for a total transaction of $299,460.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.50% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc acquired a new position in Talos Energy during the second quarter worth $112,000. Swiss National Bank grew its holdings in Talos Energy by 10.9% during the third quarter. Swiss National Bank now owns 37,800 shares of the company’s stock worth $1,241,000 after acquiring an additional 3,700 shares during the period. Bank of America Corp DE acquired a new position in Talos Energy during the second quarter worth $159,000. Citadel Advisors LLC grew its holdings in Talos Energy by 6.2% during the third quarter. Citadel Advisors LLC now owns 86,147 shares of the company’s stock worth $2,828,000 after acquiring an additional 5,050 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in Talos Energy during the second quarter worth $164,000. 99.48% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE TALO opened at $19.33 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.96 and a quick ratio of 2.96. Talos Energy has a twelve month low of $17.88 and a twelve month high of $37.64. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 45.33 and a beta of 1.54.

Talos Energy Company Profile

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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Earnings History and Estimates for Talos Energy (NYSE:TALO)

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