Kosmos Energy (NYSE:KOS) Coverage Initiated by Analysts at Stifel Nicolaus

Stifel Nicolaus assumed coverage on shares of Kosmos Energy (NYSE:KOS) in a report issued on Monday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $10.00 price target on the oil and gas producer’s stock.

A number of other research firms have also recently commented on KOS. Bank of America raised shares of Kosmos Energy from a neutral rating to a buy rating and lifted their price target for the stock from $8.70 to $10.00 in a report on Wednesday, September 27th. Barclays increased their price target on Kosmos Energy from $9.40 to $9.80 in a research note on Tuesday, October 3rd. Benchmark restated a buy rating and issued a $10.00 price objective on shares of Kosmos Energy in a research note on Tuesday, August 8th. StockNews.com upgraded shares of Kosmos Energy to a sell rating in a research report on Tuesday, November 7th. Finally, Sanford C. Bernstein lowered shares of Kosmos Energy from an outperform rating to a market perform rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $9.53.

Kosmos Energy Stock Up 0.9 %

Shares of NYSE:KOS opened at $7.00 on Monday. Kosmos Energy has a 1 year low of $5.28 and a 1 year high of $8.55. The company has a market capitalization of $3.22 billion, a PE ratio of 43.75, a price-to-earnings-growth ratio of 0.67 and a beta of 2.62. The business has a fifty day moving average price of $7.32 and a two-hundred day moving average price of $6.87. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.82 and a quick ratio of 0.54.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Sunday, November 5th. The oil and gas producer reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.05. The company had revenue of $526.55 million during the quarter. Kosmos Energy had a net margin of 4.41% and a return on equity of 38.42%. During the same quarter in the previous year, the company posted $0.19 EPS. Analysts forecast that Kosmos Energy will post 0.77 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Pitcairn Co. raised its stake in Kosmos Energy by 2.6% in the first quarter. Pitcairn Co. now owns 93,645 shares of the oil and gas producer’s stock valued at $697,000 after purchasing an additional 2,382 shares in the last quarter. Natixis Advisors L.P. increased its holdings in shares of Kosmos Energy by 8.8% in the 1st quarter. Natixis Advisors L.P. now owns 5,158,805 shares of the oil and gas producer’s stock worth $38,381,000 after buying an additional 417,850 shares during the last quarter. GeoSphere Capital Management LLC raised its position in shares of Kosmos Energy by 6.4% during the 1st quarter. GeoSphere Capital Management LLC now owns 1,251,795 shares of the oil and gas producer’s stock valued at $9,313,000 after buying an additional 75,200 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Kosmos Energy during the 2nd quarter worth $1,266,000. Finally, Inscription Capital LLC purchased a new position in Kosmos Energy in the second quarter worth $599,000. Institutional investors own 91.24% of the company’s stock.

About Kosmos Energy

Kosmos Energy Ltd. engages in the exploration and production of oil and gas properties 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 a gas projects located in offshore Mauritania and Senegal.