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Kosmos Energy (NYSE:KOS) Receives Sell (D) Rating from Weiss Ratings

Kosmos Energy logo with Energy background

Key Points

  • Kosmos Energy has received a "sell (D)" rating from Weiss Ratings, reflecting negative sentiment among analysts regarding the company's performance.
  • Goldman Sachs and Mizuho have both lowered their price targets to $2.00, indicating a cautious outlook, despite one analyst maintaining a Buy rating.
  • Kosmos Energy reported a significant earnings miss with a net margin of -10.74% for the last quarter and a current stock price of $1.75, down from a high of $4.57 over the past year.
  • Interested in Kosmos Energy? Here are five stocks we like better.

Kosmos Energy (NYSE:KOS - Get Free Report)'s stock had its "sell (d)" rating reiterated by stock analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities research analysts have also recently commented on the company. 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. Mizuho cut their price objective on Kosmos Energy from $3.00 to $2.00 and set a "neutral" rating for the company in a research report on Monday, September 15th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Kosmos Energy presently has a consensus rating of "Hold" and a consensus price target of $4.12.

Read Our Latest Stock Analysis on Kosmos Energy

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $1.75 on Wednesday. The business has a 50-day simple moving average of $1.76 and a 200-day simple moving average of $1.85. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.25 and a current ratio of 0.45. The company has a market cap of $834.55 million, a PE ratio of -5.29 and a beta of 1.43. Kosmos Energy has a one year low of $1.39 and a one year high of $4.57.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced 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 business had revenue of $393.52 million during the quarter, compared to analyst estimates of $444.26 million. On average, equities research analysts forecast that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Institutional Trading of Kosmos Energy

A number of hedge funds have recently added to or reduced their stakes in the business. Sanders Morris Harris LLC boosted its stake in Kosmos Energy by 88.2% in the 3rd quarter. Sanders Morris Harris LLC now owns 64,000 shares of the oil and gas producer's stock worth $106,000 after buying an additional 30,000 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in Kosmos Energy by 18.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 57,782 shares of the oil and gas producer's stock worth $99,000 after buying an additional 9,159 shares during the last quarter. Squarepoint Ops LLC boosted its stake in Kosmos Energy by 333.0% in the 2nd quarter. Squarepoint Ops LLC now owns 3,221,011 shares of the oil and gas producer's stock worth $5,540,000 after buying an additional 2,477,102 shares during the last quarter. Caxton Associates LLP boosted its stake in Kosmos Energy by 16.9% in the 2nd quarter. Caxton Associates LLP now owns 948,065 shares of the oil and gas producer's stock worth $1,631,000 after buying an additional 137,179 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Kosmos Energy by 145.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 50,623 shares of the oil and gas producer's stock worth $87,000 after buying an additional 29,991 shares during the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Company Profile

(Get Free Report)

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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Analyst Recommendations for Kosmos Energy (NYSE:KOS)

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