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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com 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 target among brokers that have issued ratings on the stock in the last year is $5.27.

Several brokerages recently weighed in on KOS. Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group decreased their price target on Kosmos Energy from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, March 27th. Finally, StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th.

Insider Activity

In other news, CAO Ronald W. Glass sold 16,182 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,487.84. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,369.28. Following the completion of the sale, the senior vice president now directly owns 172,057 shares of the company’s stock, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kosmos Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in shares of Kosmos Energy by 24.9% during the fourth quarter. Stifel Financial Corp now owns 19,711 shares of the oil and gas producer’s stock valued at $67,000 after acquiring an additional 3,932 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Kosmos Energy by 10.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer’s stock worth $155,000 after buying an additional 4,381 shares during the period. Franklin Resources Inc. grew its position in shares of Kosmos Energy by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock worth $531,000 after buying an additional 4,640 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Kosmos Energy by 3.8% during the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock valued at $588,000 after buying an additional 6,300 shares during the period. Finally, Xponance Inc. raised its holdings in shares of Kosmos Energy by 21.1% during the fourth quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer’s stock valued at $127,000 after acquiring an additional 6,460 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Kosmos Energy Trading Up 8.6 %

NYSE KOS opened at $1.80 on Monday. Kosmos Energy has a one year low of $1.39 and a one year high of $6.33. The business’s fifty day moving average is $2.31 and its 200-day moving average is $3.19. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The stock has a market capitalization of $861.18 million, a price-to-earnings ratio of 4.10, a PEG ratio of 5.24 and a beta of 1.94.

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