Talos Energy (TALO) Expected to Announce Earnings on Wednesday

Talos Energy (NYSE:TALO) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $488.94 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Talos Energy Stock Performance

Shares of TALO opened at $9.02 on Monday. Talos Energy has a 12 month low of $8.88 and a 12 month high of $14.67. The firm has a fifty day simple moving average of $9.81 and a 200 day simple moving average of $10.58. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 16.69 and a beta of 1.89. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TALO shares. Stephens dropped their price objective on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Benchmark reissued a “buy” rating and issued a $20.00 price objective on shares of Talos Energy in a research report on Tuesday, November 12th. JPMorgan Chase & Co. started coverage on shares of Talos Energy in a research report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price objective on the stock. Citigroup increased their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Mizuho dropped their price objective on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.83.

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.