Kosmos Energy Ltd. (NYSE:KOS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $5.27.

KOS has been the topic of several recent analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Mizuho dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, The Goldman Sachs Group dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a “buy” rating for the company in a report on Thursday, March 27th.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $2.28 on Thursday. The firm has a fifty day simple moving average of $2.73 and a two-hundred day simple moving average of $3.44. Kosmos Energy has a twelve month low of $2.07 and a twelve month high of $6.58. The company has a market capitalization of $1.09 billion, a PE ratio of 5.18, a P/E/G ratio of 5.24 and a beta of 2.31. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The company had revenue of $397.66 million for the quarter, compared to analysts’ expectations of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. Research analysts expect that Kosmos Energy will post 0.42 EPS for the current year.

Insider Buying and Selling at Kosmos Energy

In other news, CAO Ronald W. Glass sold 16,182 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the sale, the chief accounting officer now owns 320,231 shares in the company, valued at approximately $999,120.72. The trade was a 4.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew G. Inglis sold 138,689 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $432,709.68. Following the completion of the transaction, the chief executive officer now owns 3,959,000 shares of the company’s stock, valued at approximately $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Kosmos Energy in the 3rd quarter worth approximately $28,000. VSM Wealth Advisory LLC bought a new stake in Kosmos Energy in the fourth quarter worth $34,000. Disciplined Investors L.L.C. bought a new stake in Kosmos Energy in the fourth quarter worth $36,000. Sapient Capital LLC purchased a new stake in shares of Kosmos Energy in the fourth quarter worth $37,000. Finally, CTC Alternative Strategies Ltd. bought a new position in shares of Kosmos Energy during the third quarter valued at $43,000. Hedge funds and other 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.