Kosmos Energy Ltd. (NYSE:KOS) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Kosmos Energy has received an average recommendation of "Hold" from analysts, with one sell, four holds, and one buy recommendation among the six research firms covering the stock.
• The company's shares have recently traded down 6.4%, opening at $1.58, while also reporting a negative EPS of ($0.19) for the last quarter, missing estimates by ($0.13).
• Significant institutional interest remains, with major investors increasing their stakes in Kosmos Energy, resulting in 95.33% of the stock being owned by hedge funds and other institutional investors.

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has been assigned a consensus rating of "Hold" from the six research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $4.12.

KOS has been the topic of a number of recent analyst reports. Weiss Ratings restated a "sell (d)" rating on shares of Kosmos Energy in a research note on Wednesday, October 8th. Mizuho cut their price target on shares of Kosmos Energy from $3.00 to $2.00 and set a "neutral" rating on the stock in a research note on Monday, September 15th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $2.00 price target (down previously from $3.00) on shares of Kosmos Energy in a research note on Monday, September 22nd.

Kosmos Energy Trading Down 6.4%

Shares of Kosmos Energy stock opened at $1.58 on Monday. 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 has a 12-month low of $1.39 and a 12-month high of $4.50. The firm has a market capitalization of $756.11 million, a price-to-earnings ratio of -4.79 and a beta of 1.43. The firm's 50 day simple moving average is $1.75 and its two-hundred day simple moving average is $1.84.

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

Institutional Trading of Kosmos Energy

Several large investors have recently made changes to their positions in the business. American Century Companies Inc. boosted its holdings in shares of Kosmos Energy by 14.3% in the 2nd quarter. American Century Companies Inc. now owns 33,411,046 shares of the oil and gas producer's stock valued at $57,467,000 after acquiring an additional 4,175,537 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Kosmos Energy by 9.0% in 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 acquiring an additional 2,110,306 shares during the last quarter. Patient Capital Management LLC boosted its holdings in shares of Kosmos Energy by 7.4% in the 2nd quarter. Patient Capital Management LLC now owns 19,339,717 shares of the oil and gas producer's stock valued at $33,264,000 after acquiring an additional 1,334,930 shares during the last quarter. Equinox Partners Investment Management LLC boosted its holdings in shares of Kosmos Energy by 41.6% in the 2nd quarter. Equinox Partners Investment Management LLC now owns 18,671,480 shares of the oil and gas producer's stock valued at $32,115,000 after acquiring an additional 5,485,000 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Kosmos Energy by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 11,263,585 shares of the oil and gas producer's stock valued at $19,376,000 after acquiring an additional 424,720 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other 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.

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