Analysts at Stephens began coverage on shares of Talos Energy (NYSE:TALO) in a research report issued on Thursday, The Fly reports. The brokerage set an “overweight” rating and a $38.00 price target on the stock. Stephens’ price target points to a potential upside of 95.17% from the company’s previous close.

A number of other research analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Talos Energy from a “buy” rating to a “strong sell” rating in a research report on Wednesday, November 7th. ValuEngine downgraded shares of Talos Energy from a “hold” rating to a “sell” rating in a research report on Sunday, October 28th. Northland Securities started coverage on shares of Talos Energy in a report on Monday, October 22nd. They set an “outperform” rating and a $45.00 target price on the stock. Roth Capital started coverage on shares of Talos Energy in a report on Tuesday, October 16th. They set a “buy” rating and a $48.00 target price on the stock. Finally, Seaport Global Securities restated a “buy” rating on shares of Talos Energy in a report on Monday, August 27th. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $41.20.

Talos Energy stock traded down $0.02 during mid-day trading on Thursday, reaching $19.47. 1 shares of the company traded hands, compared to its average volume of 131,067. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.72. The company has a market cap of $1.06 billion, a P/E ratio of 45.33 and a beta of 1.54. Talos Energy has a 52-week low of $17.88 and a 52-week high of $37.64.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.69). The company had revenue of $282.87 million for the quarter, compared to analysts’ expectations of $279.40 million. Talos Energy had a negative net margin of 4.09% and a negative return on equity of 3.76%. Analysts predict that Talos Energy will post 2.37 EPS for the current fiscal year.

In other Talos Energy news, Director John B. Juneau bought 12,400 shares of the company’s stock in a transaction dated Thursday, November 8th. The shares were purchased at an average price of $24.15 per share, for a total transaction of $299,460.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.50% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. Apollo Management Holdings L.P. bought a new position in Talos Energy in the 2nd quarter worth about $616,621,000. Riverstone Holdings LLC bought a new position in Talos Energy in the 2nd quarter worth about $479,594,000. Mackay Shields LLC purchased a new position in Talos Energy in the 2nd quarter worth about $128,094,000. BlackRock Inc. raised its position in Talos Energy by 6.3% in the 3rd quarter. BlackRock Inc. now owns 1,431,606 shares of the company’s stock worth $46,986,000 after buying an additional 84,679 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Talos Energy by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,038,064 shares of the company’s stock worth $30,764,000 after buying an additional 7,013 shares during the last quarter. Institutional investors own 99.48% of the company’s stock.

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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Analyst Recommendations for Talos Energy (NYSE:TALO)

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