Kosmos Energy Ltd. (NYSE:KOS) Receives $5.52 Average PT from Analysts

Kosmos Energy Ltd. (NYSE:KOS) has received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $5.27.

A number of brokerages recently weighed in on KOS. StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, March 27th. Mizuho lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $2.29 on Thursday. The firm has a fifty day moving average of $2.78 and a two-hundred day moving average of $3.46. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 5.19, a PEG ratio of 5.24 and a beta of 2.31. Kosmos Energy has a 52 week low of $2.07 and a 52 week high of $6.58.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The company had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. As a group, equities research analysts predict that Kosmos Energy will post 0.42 EPS for the current year.

Insider Activity

In other Kosmos Energy news, CFO Nealesh D. Shah sold 78,015 shares of Kosmos Energy stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $243,406.80. Following the sale, the chief financial officer now directly owns 1,555,374 shares in the company, valued at approximately $4,852,766.88. The trade was a 4.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $320,427.12. Following the transaction, the chief executive officer now owns 4,236,691 shares of the company’s stock, valued at approximately $13,218,475.92. This represents a 2.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last three months. Corporate insiders own 2.02% of the company’s stock.

Institutional Trading of Kosmos Energy

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Kosmos Energy during the 3rd quarter worth approximately $28,000. VSM Wealth Advisory LLC bought a new stake in Kosmos Energy during the fourth quarter worth $34,000. Disciplined Investors L.L.C. bought a new stake in Kosmos Energy during the fourth quarter worth $36,000. CTC Alternative Strategies Ltd. acquired a new stake in Kosmos Energy in the third quarter valued at $43,000. Finally, Sapient Capital LLC acquired a new position in shares of Kosmos Energy during the 4th quarter worth about $37,000. Institutional investors own 95.33% of the company’s stock.

About Kosmos Energy

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.