Kosmos Energy (NYSE:KOS) Research Coverage Started at Stephens

Stephens began coverage on shares of Kosmos Energy (NYSE:KOS) in a research note published on Tuesday morning, Marketbeat Ratings reports. The firm issued an equal weight rating and a $1.75 price objective on the oil and gas producer’s stock.

A number of other brokerages also recently issued reports on KOS. Weiss Ratings reiterated a “sell (d)” rating on shares of Kosmos Energy in a research note on Wednesday, October 8th. 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. Mizuho lowered 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 note on Monday, September 15th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $2.00 price target (down from $3.00) on shares of Kosmos Energy in a research note on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy presently has a consensus rating of “Hold” and an average price target of $3.07.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $1.45 on Tuesday. The stock’s 50-day moving average is $1.62 and its two-hundred day moving average is $1.79. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.45 and a quick ratio of 0.25. Kosmos Energy has a 1-year low of $1.34 and a 1-year high of $4.22. The company has a market cap of $691.18 million, a price-to-earnings ratio of -4.38 and a beta of 1.44.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, November 3rd. The oil and gas producer reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $311.23 million during the quarter, compared to analysts’ expectations of $360.82 million. Analysts forecast that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Institutional Trading of Kosmos Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in KOS. Teacher Retirement System of Texas purchased a new position in Kosmos Energy during the 1st quarter worth approximately $157,000. Envestnet Asset Management Inc. boosted its holdings in shares of Kosmos Energy by 127.7% in the first quarter. Envestnet Asset Management Inc. now owns 418,075 shares of the oil and gas producer’s stock valued at $953,000 after acquiring an additional 234,489 shares during the period. Cerity Partners LLC increased its stake in Kosmos Energy by 17.0% in the first quarter. Cerity Partners LLC now owns 45,840 shares of the oil and gas producer’s stock valued at $105,000 after purchasing an additional 6,649 shares during the period. Signaturefd LLC raised its holdings in shares of Kosmos Energy by 200.6% in the first quarter. Signaturefd LLC now owns 27,581 shares of the oil and gas producer’s stock valued at $63,000 after buying an additional 18,405 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Kosmos Energy in the first quarter valued at about $221,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

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.