ValuEngine cut shares of Talos Energy (NYSE:TALO) from a hold rating to a sell rating in a report issued on Friday morning.

TALO has been the topic of a number of other research reports. Capital One Financial assumed coverage on shares of Talos Energy in a research report on Monday, August 27th. They set an overweight rating and a $45.00 target price on the stock. Zacks Investment Research lowered shares of Talos Energy from a strong-buy rating to a hold rating in a research report on Tuesday, July 3rd. Finally, Seaport Global Securities reaffirmed a buy rating on shares of Talos Energy in a research report on Monday, August 27th.

NYSE:TALO opened at $32.54 on Friday. Talos Energy has a 12 month low of $30.26 and a 12 month high of $37.64. The company has a market capitalization of $1.71 billion, a PE ratio of 126.40 and a beta of 1.60. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.96 and a current ratio of 2.96.

Talos Energy (NYSE:TALO) last released its quarterly earnings results on Monday, August 6th. The company reported ($0.84) EPS for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($1.45). Talos Energy had a negative net margin of 8.65% and a negative return on equity of 7.69%. The firm had revenue of $203.91 million during the quarter. analysts predict that Talos Energy will post 2.4 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in TALO. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Talos Energy during the second quarter worth $903,000. Sei Investments Co. acquired a new stake in Talos Energy during the second quarter worth $895,000. Rhumbline Advisers acquired a new stake in Talos Energy during the second quarter worth $669,000. Mackay Shields LLC acquired a new stake in Talos Energy during the second quarter worth $128,094,000. Finally, State Board of Administration of Florida Retirement System acquired a new stake in Talos Energy during the second quarter worth $240,000. 99.54% of the stock is currently owned by institutional investors and hedge funds.

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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