Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) PT at $4.93

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has earned an average rating of "Moderate Buy" from the six analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $4.93.

A number of brokerages have commented on KOS. Benchmark reiterated a "hold" rating on shares of Kosmos Energy in a research report on Thursday, June 5th. Wall Street Zen upgraded Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. The Goldman Sachs Group decreased their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a research report on Monday, May 19th. Finally, Mizuho decreased their price objective on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th.

Kosmos Energy Price Performance

NYSE KOS traded up $0.01 during trading hours on Friday, reaching $1.99. 7,090,266 shares of the company's stock were exchanged, compared to its average volume of 9,319,312. The stock has a market cap of $948.85 million, a PE ratio of -66.14 and a beta of 1.44. Kosmos Energy has a one year low of $1.39 and a one year high of $5.97. The firm has a fifty day moving average of $1.84 and a 200-day moving average of $2.42. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.59.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). The business had revenue of $290.43 million for the quarter, compared to the consensus estimate of $338.23 million. Kosmos Energy had a negative return on equity of 0.63% and a negative net margin of 0.80%. On average, equities research analysts predict that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In other news, Director John Douglas Kelso Grant sold 27,923 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $1.81, for a total value of $50,540.63. Following the transaction, the director owned 29,921 shares of the company's stock, valued at $54,157.01. This represents a 48.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.02% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KOS. Vident Advisory LLC acquired a new stake in Kosmos Energy during the 1st quarter worth $30,000. VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy during the 4th quarter worth $34,000. Disciplined Investors L.L.C. acquired a new stake in Kosmos Energy during the 4th quarter worth $36,000. Boothbay Fund Management LLC acquired a new stake in Kosmos Energy during the 4th quarter worth $45,000. Finally, Inscription Capital LLC acquired a new stake in Kosmos Energy during the 1st quarter worth $46,000. 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.