Talos Energy (NYSE:TALO) Given New $14.00 Price Target at Mizuho

Talos Energy (NYSE:TALO) had its price target hoisted by equities researchers at Mizuho from $11.00 to $14.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s target price suggests a potential upside of 21.74% from the company’s current price.

Several other analysts have also recently weighed in on TALO. Weiss Ratings restated a “sell (d)” rating on shares of Talos Energy in a research report on Monday. Wall Street Zen raised Talos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, KeyCorp increased 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $14.25.

Talos Energy Trading Down 3.7%

Shares of TALO stock opened at $11.50 on Friday. Talos Energy has a 52-week low of $6.23 and a 52-week high of $12.19. The business’s fifty day moving average is $10.36 and its 200 day moving average is $9.40. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market capitalization of $1.95 billion, a PE ratio of -5.72 and a beta of 0.55.

Talos Energy (NYSE:TALO) last released its quarterly earnings results on Friday, January 6th. The company reported $0.45 earnings per share for the quarter. Talos Energy had a negative return on equity of 2.76% and a negative net margin of 19.02%.The firm had revenue of $382.96 million for the quarter. On average, equities research analysts anticipate that Talos Energy will post -0.44 EPS for the current fiscal year.

Institutional Trading of Talos Energy

Several large investors have recently modified their holdings of TALO. CIBC Bancorp USA Inc. bought a new position in Talos Energy during the 3rd quarter valued at approximately $123,000. Coldstream Capital Management Inc. purchased a new position in shares of Talos Energy during the third quarter valued at approximately $118,000. Caxton Associates LLP increased its stake in shares of Talos Energy by 16.3% during the third quarter. Caxton Associates LLP now owns 22,007 shares of the company’s stock valued at $211,000 after buying an additional 3,077 shares during the period. PharVision Advisers LLC bought a new position in shares of Talos Energy during the third quarter valued at approximately $216,000. Finally, Van Den Berg Management I Inc. lifted its stake in Talos Energy by 6.5% in the third quarter. Van Den Berg Management I Inc. now owns 28,475 shares of the company’s stock worth $273,000 after acquiring an additional 1,741 shares during the period. 89.35% of the stock is owned by institutional investors.

Talos Energy Company Profile

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.