Kosmos Energy Ltd. (NYSE:KOS) Given Consensus Rating of “Hold” by Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been given a consensus rating of “Hold” by the six analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $3.40.

A number of equities research analysts have issued reports on KOS shares. The Goldman Sachs Group reiterated a “neutral” rating and issued a $2.00 target price (down from $3.00) on shares of Kosmos Energy in a research note on Monday, September 22nd. Clarkson Capital initiated coverage on shares of Kosmos Energy in a report on Friday, October 24th. They issued a “buy” rating and a $4.00 price objective on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Kosmos Energy in a research note on Wednesday, October 8th. Finally, Mizuho decreased their target price on shares of Kosmos Energy from $3.00 to $2.00 and set a “neutral” rating for the company in a research report on Monday, September 15th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Foster Group Inc. bought a new position in shares of Kosmos Energy in the second quarter worth $26,000. Blueshift Asset Management LLC acquired a new stake in Kosmos Energy in the second quarter worth about $27,000. Verum Partners LLC bought a new position in Kosmos Energy in the 2nd quarter valued at about $29,000. Vident Advisory LLC acquired a new position in Kosmos Energy during the 1st quarter valued at about $30,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of Kosmos Energy during the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $1.42 on Friday. The company has a market cap of $676.73 million, a P/E ratio of -4.29 and a beta of 1.44. The business has a 50 day moving average of $1.65 and a two-hundred day moving average of $1.80. Kosmos Energy has a 52 week low of $1.34 and a 52 week high of $4.22. The company has a quick ratio of 0.25, a current ratio of 0.45 and a debt-to-equity ratio of 2.56.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings results on Monday, November 3rd. The oil and gas producer reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $311.23 million for the quarter, compared to analyst estimates of $360.82 million. Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%. As a group, analysts anticipate 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.