The IBD SmartSelect Composite Rating for Talos Energy stock increased from 91 to 96 Monday. The oil & gas exploration stock has 96 Relative Strength Rating.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Talos Energy stock is trading below its 50-day moving average and not currently in a proper buying range. Wait for the stock to set up a pattern. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
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One weak spot is the company's 76 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the energy company posted 12,100% earnings-per-share growth. That means it's now generated three straight quarters of rising EPS growth. Top line growth climbed 71%, up from 55% in the prior report. That marks one quarter of increasing revenue increases.
Talos Energy stock earns the No. 13 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Denbury Resources, Brigham Minerals and Matador Resources are among the top 5 highly-rated stocks within the group.
