Kosmos Energy Ltd. (NYSE:KOS) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Kosmos Energy Ltd. has received a consensus rating of "Moderate Buy" from six brokerages, with three analysts recommending a buy and three suggesting a hold.
• The company reported a loss of $0.19 per share last quarter, missing analyst expectations, with revenue of $393.52 million against estimates of $444.26 million.
• Kosmos Energy's stock currently trades at around $1.79, within a yearly range of $1.39 to $4.69, indicating significant volatility in its price movement.

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six brokerages that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $4.7667.

A number of research firms have recently commented on KOS. Benchmark restated a "hold" rating on shares of Kosmos Energy in a research report on Thursday, June 5th. Mizuho lowered their price objective on Kosmos Energy from $3.00 to $2.00 and set a "neutral" rating on the stock in a research note on Monday, September 15th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KOS. Charles Schwab Investment Management Inc. boosted its position in shares of Kosmos Energy by 11.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,784,911 shares of the oil and gas producer's stock valued at $17,750,000 after purchasing an additional 815,582 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Kosmos Energy by 26.8% in the 1st quarter. Russell Investments Group Ltd. now owns 5,319,520 shares of the oil and gas producer's stock valued at $12,129,000 after purchasing an additional 1,125,724 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Kosmos Energy by 23.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,097,622 shares of the oil and gas producer's stock valued at $7,174,000 after purchasing an additional 395,283 shares during the period. Millennium Management LLC boosted its position in shares of Kosmos Energy by 78.2% in the 4th quarter. Millennium Management LLC now owns 2,665,589 shares of the oil and gas producer's stock valued at $9,116,000 after purchasing an additional 1,170,074 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new stake in Kosmos Energy during the 1st quarter worth approximately $3,749,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Trading Down 3.7%

NYSE:KOS traded down $0.07 during midday trading on Thursday, hitting $1.69. 23,400,870 shares of the company traded hands, compared to its average volume of 7,971,923. The firm's fifty day moving average is $1.86 and its 200-day moving average is $1.89. Kosmos Energy has a 12-month low of $1.39 and a 12-month high of $4.69. The firm has a market capitalization of $805.85 million, a P/E ratio of -5.11 and a beta of 1.57. The company has a current ratio of 0.45, a quick ratio of 0.25 and a debt-to-equity ratio of 2.56.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its earnings results on Monday, August 4th. The oil and gas producer reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.13). Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%.The business had revenue of $393.52 million during the quarter, compared to analysts' expectations of $444.26 million. On average, sell-side analysts predict that Kosmos Energy will post 0.42 EPS for the current year.

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.