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

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $5.02.

KOS has been the topic of several research analyst reports. StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. Benchmark downgraded Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Mizuho dropped their target price on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, The Goldman Sachs Group reduced their price target on shares of Kosmos Energy from $4.00 to $3.50 and set a "buy" rating for the company in a research report on Wednesday, April 30th.

Kosmos Energy Stock Down 12.6%

NYSE:KOS opened at $1.74 on Friday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a market cap of $831.74 million, a P/E ratio of 3.95, a P/E/G ratio of 5.24 and a beta of 1.46. Kosmos Energy has a fifty-two week low of $1.39 and a fifty-two week high of $6.33. The firm has a 50-day simple moving average of $1.90 and a two-hundred day simple moving average of $2.88.

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

Institutional Trading of Kosmos Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Nantahala Capital Management LLC bought a new position in shares of Kosmos Energy during the 1st quarter valued at about $3,914,000. Vident Advisory LLC purchased a new stake in shares of Kosmos Energy in the first quarter worth about $30,000. Huber Capital Management LLC lifted its position in shares of Kosmos Energy by 7.9% in the first quarter. Huber Capital Management LLC now owns 231,900 shares of the oil and gas producer's stock worth $529,000 after buying an additional 17,000 shares in the last quarter. MetLife Investment Management LLC boosted its stake in Kosmos Energy by 7.0% during the first quarter. MetLife Investment Management LLC now owns 271,790 shares of the oil and gas producer's stock valued at $620,000 after buying an additional 17,885 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in Kosmos Energy by 9.0% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 25,527,101 shares of the oil and gas producer's stock valued at $58,202,000 after buying an additional 2,110,306 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.