Kosmos Energy Ltd. (NYSE:KOS) Receives $4.93 Average Price Target from Brokerages

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has received a consensus rating of "Moderate Buy" from the six brokerages that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $4.93.

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

Kosmos Energy Trading Down 2.3%

Shares of Kosmos Energy stock traded down $0.05 on Tuesday, reaching $2.08. The company had a trading volume of 10,435,767 shares, compared to its average volume of 8,877,502. The firm has a market cap of $994.26 million, a price-to-earnings ratio of 4.73, a P/E/G ratio of 5.24 and a beta of 1.44. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm's 50-day moving average price is $1.75 and its two-hundred day moving average price is $2.60. Kosmos Energy has a 1 year low of $1.39 and a 1 year high of $5.97.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its 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 company 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%. As a group, research analysts predict that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Kosmos Energy news, Director John Douglas Kelso Grant sold 27,923 shares of Kosmos Energy stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $1.81, for a total transaction of $50,540.63. Following the completion of the sale, the director now directly owns 29,921 shares of the company's stock, valued at $54,157.01. The trade was 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 owned by corporate insiders.

Institutional Investors Weigh In On Kosmos Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Vident Advisory LLC bought a new stake in Kosmos Energy during the 1st quarter valued at $30,000. VSM Wealth Advisory LLC bought a new stake in Kosmos Energy during the 4th quarter valued at $34,000. Disciplined Investors L.L.C. bought a new stake in Kosmos Energy during the 4th quarter valued at $36,000. Sapient Capital LLC bought a new stake in Kosmos Energy during the 4th quarter valued at $37,000. Finally, Boothbay Fund Management LLC bought a new stake in Kosmos Energy during the 4th quarter valued at $45,000. 95.33% of the stock is 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.