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

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $4.93.

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

Kosmos Energy Stock Performance

KOS traded down $0.01 on Friday, reaching $1.98. The company had a trading volume of 3,460,724 shares, compared to its average volume of 9,311,255. Kosmos Energy has a fifty-two week low of $1.39 and a fifty-two week high of $5.97. The stock has a market cap of $944.07 million, a P/E ratio of -65.81 and a beta of 1.44. The company's fifty day moving average is $1.84 and its 200 day moving average is $2.43. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.40 and a current ratio of 0.76.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced 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). Kosmos Energy had a negative net margin of 0.80% and a negative return on equity of 0.63%. The company had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. As a group, analysts predict that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Insider Activity

In other Kosmos Energy news, Director John Douglas Kelso Grant sold 27,923 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $1.81, for a total transaction of $50,540.63. Following the transaction, the director owned 29,921 shares in the company, valued at $54,157.01. This represents a 48.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.99% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KOS. Rhumbline Advisers boosted its position in shares of Kosmos Energy by 14.7% during the 1st quarter. Rhumbline Advisers now owns 666,204 shares of the oil and gas producer's stock worth $1,519,000 after acquiring an additional 85,431 shares in the last quarter. Strs Ohio acquired a new stake in shares of Kosmos Energy during the 1st quarter worth approximately $120,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Kosmos Energy by 21.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,541,006 shares of the oil and gas producer's stock worth $5,793,000 after acquiring an additional 443,384 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Kosmos Energy during the 1st quarter worth approximately $1,849,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Kosmos Energy by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 278,082 shares of the oil and gas producer's stock worth $634,000 after acquiring an additional 12,045 shares in the last quarter. 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.