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

Kosmos Energy Ltd. (NYSE:KOS) has received an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $3.07.

KOS has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kosmos Energy in a research report on Wednesday, October 8th. The Goldman Sachs Group reissued a “neutral” rating and issued a $2.00 price objective (down from $3.00) on shares of Kosmos Energy in a research note on Monday, September 22nd. Mizuho cut their target price on Kosmos Energy from $3.00 to $2.00 and set a “neutral” rating on the stock in a research report on Monday, September 15th. Stephens started coverage on Kosmos Energy in a report on Tuesday. They issued an “equal weight” rating and a $1.75 target price for the company. Finally, Clarkson Capital initiated coverage on Kosmos Energy in a research note on Friday, October 24th. They issued a “buy” rating and a $4.00 price target on the stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. grew its holdings in Kosmos Energy by 3.0% in the third quarter. Invesco Ltd. now owns 9,903,093 shares of the oil and gas producer’s stock worth $16,439,000 after purchasing an additional 289,626 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Kosmos Energy by 185.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 59,498 shares of the oil and gas producer’s stock worth $99,000 after purchasing an additional 38,689 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Kosmos Energy by 152.2% in the 3rd quarter. Van ECK Associates Corp now owns 964,671 shares of the oil and gas producer’s stock valued at $1,601,000 after buying an additional 582,223 shares during the period. Parallel Advisors LLC grew its stake in shares of Kosmos Energy by 41.0% in the 3rd quarter. Parallel Advisors LLC now owns 24,634 shares of the oil and gas producer’s stock valued at $41,000 after buying an additional 7,169 shares during the period. Finally, First Trust Advisors LP increased its position in Kosmos Energy by 13.6% in the 3rd quarter. First Trust Advisors LP now owns 4,222,679 shares of the oil and gas producer’s stock valued at $7,010,000 after buying an additional 505,555 shares in the last quarter. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Stock Performance

NYSE:KOS opened at $1.45 on Friday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.25 and a current ratio of 0.45. Kosmos Energy has a fifty-two week low of $1.34 and a fifty-two week high of $4.22. The company has a 50 day simple moving average of $1.62 and a two-hundred day simple moving average of $1.79. The company has a market capitalization of $691.18 million, a PE ratio of -4.38 and a beta of 1.44.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, November 3rd. The oil and gas producer reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). Kosmos Energy had a negative net margin of 10.74% and a negative return on equity of 14.16%. The firm had revenue of $311.23 million during the quarter, compared to the consensus estimate of $360.82 million. Research analysts anticipate that Kosmos Energy will post 0.42 earnings per share 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.