Kosmos Energy Ltd. (NYSE:KOS – Get Free Report) Director Steven Sterin sold 38,636 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $2.73, for a total transaction of $105,476.28. Following the completion of the transaction, the director owned 331,295 shares in the company, valued at $904,435.35. The trade was a 10.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Kosmos Energy Price Performance
KOS stock opened at $2.80 on Friday. The firm’s 50-day moving average price is $2.86 and its two-hundred day moving average price is $1.94. Kosmos Energy Ltd. has a 12-month low of $0.84 and a 12-month high of $3.34. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of -1.67, a PEG ratio of 0.42 and a beta of 0.72. The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 5.56.
Kosmos Energy (NYSE:KOS – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.15). Kosmos Energy had a negative net margin of 59.38% and a negative return on equity of 37.60%. The company had revenue of $370.73 million for the quarter, compared to analysts’ expectations of $405.21 million. As a group, equities analysts predict that Kosmos Energy Ltd. will post 0.24 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on KOS shares. The Goldman Sachs Group cut shares of Kosmos Energy from a “neutral” rating to a “sell” rating and set a $2.25 price target on the stock. in a research report on Thursday, April 9th. Weiss Ratings downgraded Kosmos Energy from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Mizuho reiterated an “underperform” rating and issued a $3.00 target price (up from $2.00) on shares of Kosmos Energy in a research note on Wednesday. Finally, Royal Bank Of Canada downgraded shares of Kosmos Energy to a “neutral” rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Kosmos Energy presently has an average rating of “Reduce” and a consensus target price of $2.44.
Get Our Latest Stock Report on Kosmos Energy
Kosmos Energy Company Profile
Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.
The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.
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