Kosmos Energy (NYSE:KOS – Get Free Report) issued its quarterly earnings data on Monday. The oil and gas producer reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07), FiscalAI reports. The business had revenue of $410.06 million during the quarter, compared to analyst estimates of $466.11 million. Kosmos Energy had a negative net margin of 33.98% and a negative return on equity of 17.73%.
Kosmos Energy Stock Performance
NYSE:KOS opened at $2.90 on Monday. The firm has a 50-day moving average of $2.76 and a two-hundred day moving average of $2.50. The company has a debt-to-equity ratio of 3.58, a current ratio of 0.59 and a quick ratio of 0.38. The stock has a market cap of $1.73 billion, a P/E ratio of -2.44, a PEG ratio of 0.17 and a beta of 0.78. Kosmos Energy has a 1-year low of $0.84 and a 1-year high of $3.34.
Analyst Ratings Changes
KOS has been the topic of several recent analyst reports. Wall Street Zen downgraded Kosmos Energy from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Mizuho raised shares of Kosmos Energy to a “strong sell” rating in a research report on Friday, July 31st. Jefferies Financial Group downgraded shares of Kosmos Energy from a “buy” rating to a “hold” rating and boosted their target price for the company from $2.75 to $2.90 in a report on Wednesday. Stephens dropped their price target on shares of Kosmos Energy from $3.00 to $2.40 and set an “equal weight” rating for the company in a research report on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kosmos Energy in a research note on Friday. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of “Reduce” and an average price target of $2.37.
View Our Latest Stock Analysis on KOS
About Kosmos Energy
Kosmos Energy Ltd. (NYSE: KOS) is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company focuses primarily on offshore assets and seeks to develop resources in partnership with national oil companies, international energy companies and other industry participants.
Kosmos has historically operated across several regions, including offshore Ghana, Equatorial Guinea, Mauritania and Senegal, as well as the U.S. Gulf of Mexico.
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