Kosmos Energy Ltd. (NYSE:KOS) Receives $9.63 Consensus PT from Analysts

Kosmos Energy Ltd. (NYSE:KOS) has earned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $9.63.

A number of analysts recently commented on the company. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. TheStreet lowered shares of Kosmos Energy from a “b” rating to a “c+” rating in a report on Monday, February 26th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KOS. Jennison Associates LLC lifted its holdings in shares of Kosmos Energy by 9.4% during the first quarter. Jennison Associates LLC now owns 6,278,753 shares of the oil and gas producer’s stock valued at $37,421,000 after purchasing an additional 542,085 shares during the last quarter. Moloney Securities Asset Management LLC purchased a new position in Kosmos Energy during the first quarter valued at $60,000. Capstone Investment Advisors LLC purchased a new position in Kosmos Energy during the first quarter valued at $357,000. Mission Wealth Management LP purchased a new stake in shares of Kosmos Energy in the first quarter worth $1,733,000. Finally, Commonwealth Equity Services LLC grew its stake in shares of Kosmos Energy by 61.5% in the first quarter. Commonwealth Equity Services LLC now owns 106,986 shares of the oil and gas producer’s stock worth $638,000 after acquiring an additional 40,722 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Stock Performance

Shares of NYSE:KOS opened at $5.81 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 2.32. The company has a 50-day moving average price of $5.88 and a 200-day moving average price of $6.32. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 0.72 and a beta of 2.36. Kosmos Energy has a 12 month low of $5.23 and a 12 month high of $8.28.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. The business had revenue of $507.81 million during the quarter. During the same period in the previous year, the company earned $0.23 EPS. As a group, equities analysts anticipate that Kosmos Energy will post 0.75 EPS for the current year.

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.