StockNews.com Upgrades Kosmos Energy (NYSE:KOS) to Sell

Kosmos Energy (NYSE:KOS) was upgraded by stock analysts at StockNews.com to a “sell” rating in a research report issued on Friday.

A number of other research analysts have also commented on KOS. The Goldman Sachs Group lowered their price objective on Kosmos Energy from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, April 30th. Mizuho lowered their price objective on Kosmos Energy from $4.00 to $3.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Finally, Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.02.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $1.75 on Friday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. Kosmos Energy has a fifty-two week low of $1.39 and a fifty-two week high of $6.33. The stock’s 50-day moving average is $1.89 and its two-hundred day moving average is $2.86. The firm has a market cap of $834.13 million, a P/E ratio of 3.97, a PEG ratio of 5.24 and a beta of 1.46.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.07). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. Analysts predict that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Institutional Trading of Kosmos Energy

Hedge funds have recently added to or reduced their stakes in the business. VSM Wealth Advisory LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $34,000. Disciplined Investors L.L.C. bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $36,000. Sapient Capital LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $37,000. Boothbay Fund Management LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $45,000. Finally, Vident Advisory LLC bought a new stake in Kosmos Energy during the 1st quarter valued at approximately $30,000. 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.