Shares of Kosmos Energy Ltd. (NYSE:KOS – Get Free Report) have been given an average rating of “Reduce” by the ten research firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $2.4357.
A number of research analysts have issued reports on the company. The Goldman Sachs Group lowered Kosmos Energy from a “neutral” rating to a “sell” rating and set a $2.25 price target for the company. in a research report on Thursday, April 9th. Weiss Ratings lowered Kosmos Energy from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 6th. Johnson Rice raised Kosmos Energy from an “accumulate” rating to a “buy” rating and set a $4.25 target price for the company in a report on Wednesday, March 25th. Royal Bank Of Canada downgraded Kosmos Energy to a “neutral” rating in a report on Wednesday. Finally, Mizuho reissued an “underperform” rating and set a $3.00 price target (up from $2.00) on shares of Kosmos Energy in a research report on Wednesday.
Get Our Latest Analysis on Kosmos Energy
Insider Buying and Selling
Institutional Trading of Kosmos Energy
A number of hedge funds have recently modified their holdings of KOS. Captrust Financial Advisors lifted its position in shares of Kosmos Energy by 93.9% in the 4th quarter. Captrust Financial Advisors now owns 28,601 shares of the oil and gas producer’s stock worth $26,000 after acquiring an additional 13,854 shares during the period. Old Port Advisors bought a new stake in shares of Kosmos Energy in the 4th quarter worth approximately $27,000. Cibc World Markets Corp bought a new stake in shares of Kosmos Energy in the 4th quarter worth approximately $28,000. Kestra Advisory Services LLC bought a new stake in shares of Kosmos Energy in the 1st quarter worth approximately $31,000. Finally, Abel Hall LLC bought a new stake in shares of Kosmos Energy in the 1st quarter worth approximately $36,000. Institutional investors own 95.33% of the company’s stock.
Kosmos Energy Stock Performance
Shares of NYSE KOS opened at $2.80 on Tuesday. The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 5.56. The stock has a 50 day simple moving average of $2.86 and a 200-day simple moving average of $1.94. The company has a market cap of $1.66 billion, a PE ratio of -1.67, a P/E/G ratio of 0.42 and a beta of 0.72. Kosmos Energy has a 12-month low of $0.84 and a 12-month high of $3.34.
Kosmos Energy (NYSE:KOS – Get Free Report) last issued its quarterly earnings data 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 return on equity of 37.60% and a negative net margin of 59.38%.The business had revenue of $370.73 million for the quarter, compared to analyst estimates of $405.21 million. On average, equities research analysts forecast that Kosmos Energy will post 0.24 EPS for the current year.
About Kosmos Energy
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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