Talos Energy (TALO) to Release Earnings on Monday

Talos Energy (NYSE:TALO) will post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Talos Energy to post earnings of ($0.07) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Talos Energy (NYSE:TALO) last released its earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.26). Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. The firm had revenue of $384.96 million for the quarter, compared to analyst estimates of $386.90 million. On average, analysts expect Talos Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Talos Energy Trading Up 0.5 %

Shares of NYSE:TALO opened at $13.26 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.73. The stock’s 50-day moving average is $13.47 and its 200-day moving average is $13.68. The company has a market cap of $2.44 billion, a P/E ratio of 8.19 and a beta of 1.99. Talos Energy has a 52-week low of $10.69 and a 52-week high of $17.59.

Analysts Set New Price Targets

Several research analysts have commented on TALO shares. Benchmark reaffirmed a “buy” rating and issued a $20.00 price target on shares of Talos Energy in a research report on Friday, April 12th. Citigroup started coverage on shares of Talos Energy in a report on Friday, March 22nd. They issued a “buy” rating and a $16.50 price target for the company. Stephens reissued an “overweight” rating and set a $26.00 target price on shares of Talos Energy in a research report on Monday, April 22nd. KeyCorp lifted their price target on shares of Talos Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Finally, Stifel Nicolaus raised their price objective on shares of Talos Energy from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $21.19.

Insider Buying and Selling

In other Talos Energy news, insider Control Empresarial De Capital bought 468,729 shares of Talos Energy stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the acquisition, the insider now directly owns 35,216,510 shares of the company’s stock, valued at $449,714,832.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.79% of the stock is currently owned by corporate insiders.

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.