Kosmos Energy (NYSE:KOS) Research Coverage Started at Mizuho

Mizuho began coverage on shares of Kosmos Energy (NYSE:KOS) in a report published on Thursday morning, MarketBeat reports. The firm issued a neutral rating and a $5.00 target price on the oil and gas producer’s stock.

Several other brokerages have also commented on KOS. Benchmark reaffirmed a buy rating and issued a $8.00 price objective on shares of Kosmos Energy in a report on Tuesday, August 6th. Sanford C. Bernstein cut their price objective on Kosmos Energy from $7.00 to $5.00 and set a market perform rating for the company in a report on Wednesday, July 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of $7.97.

Kosmos Energy Stock Down 2.1 %

KOS stock opened at $4.26 on Thursday. Kosmos Energy has a 1-year low of $3.75 and a 1-year high of $8.28. The business has a fifty day moving average price of $4.85 and a 200-day moving average price of $5.46. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. The stock has a market capitalization of $2.01 billion, a P/E ratio of 9.26, a P/E/G ratio of 0.53 and a beta of 2.42.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.04). Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. The business had revenue of $450.94 million during the quarter. Equities analysts forecast that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Institutional Trading of Kosmos Energy

Several hedge funds have recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. grew its holdings in Kosmos Energy by 4.6% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer’s stock valued at $145,769,000 after purchasing an additional 1,166,726 shares during the period. American Century Companies Inc. grew its position in shares of Kosmos Energy by 17.2% during the second quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock worth $137,470,000 after purchasing an additional 3,636,663 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in shares of Kosmos Energy by 0.8% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 17,574,855 shares of the oil and gas producer’s stock worth $117,927,000 after purchasing an additional 137,340 shares in the last quarter. William Blair Investment Management LLC grew its position in shares of Kosmos Energy by 13.5% during the second quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after purchasing an additional 1,624,495 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Kosmos Energy by 2.0% during the first quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock worth $77,328,000 after purchasing an additional 258,460 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.