Talos Energy (NYSE:TALO) issued its earnings results on Wednesday. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.03 by $0.22, Bloomberg Earnings reports. Talos Energy had a return on equity of 16.17% and a net margin of 30.24%. The business had revenue of $286.81 million for the quarter, compared to the consensus estimate of $268.23 million.
TALO traded down $0.08 during trading on Friday, hitting $19.93. 265,496 shares of the company’s stock traded hands, compared to its average volume of 258,956. The business’s 50 day moving average is $22.66. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.56 and a quick ratio of 0.56. Talos Energy has a 12-month low of $14.60 and a 12-month high of $36.46. The firm has a market cap of $994.84 million, a PE ratio of 7.49 and a beta of 1.65.
Several analysts have commented on the company. ValuEngine downgraded Talos Energy from a “sell” rating to a “strong sell” rating in a research note on Monday, June 3rd. Roth Capital set a $45.00 target price on Talos Energy and gave the company a “buy” rating in a research note on Thursday, June 13th. Northland Securities reiterated a “buy” rating and set a $40.00 target price on shares of Talos Energy in a research note on Tuesday, April 16th. Stephens set a $37.00 target price on Talos Energy and gave the company a “buy” rating in a research note on Wednesday, May 22nd. Finally, Zacks Investment Research downgraded Talos Energy from a “hold” rating to a “sell” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating and six have given a buy rating to the company. Talos Energy has a consensus rating of “Buy” and an average price target of $38.17.
Talos Energy Company Profile
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
Further Reading: The risks of owning bonds
Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.