Kosmos Energy (NYSE:KOS) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Kosmos Energy crossed above its 200‑day moving average
• Analysts are mixed with an average rating of "Reduce" and an average target of $2.22 (2 Buys, 4 Holds, 3 Sells), meaning the stock is trading above consensus price targets.
• The company has weak fundamentals — negative quarterly EPS (‑$0.16), negative margins and a high debt/equity ratio (5.53) — but insiders were net buyers recently, including the CFO purchasing ~157,894 shares.

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.71 and traded as high as $2.87. Kosmos Energy shares last traded at $2.81, with a volume of 12,608,659 shares changing hands.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein decreased their price objective on shares of Kosmos Energy from $1.70 to $0.80 and set a "market perform" rating for the company in a report on Monday, January 5th. The Goldman Sachs Group cut shares of Kosmos Energy from a "neutral" rating to a "sell" rating and set a $2.25 price objective for the company. in a report on Thursday, April 9th. Johnson Rice upgraded shares of Kosmos Energy from an "accumulate" rating to a "buy" rating and set a $4.25 price objective for the company in a report on Wednesday, March 25th. Wall Street Zen cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Kosmos Energy in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $2.22.

Kosmos Energy Price Performance

The company's fifty day moving average is $2.51 and its 200 day moving average is $1.71. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -1.92, a PEG ratio of 0.43 and a beta of 0.65. The company has a quick ratio of 0.45, a current ratio of 0.75 and a debt-to-equity ratio of 5.53.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its earnings results on Saturday, February 14th. The oil and gas producer reported ($0.16) EPS for the quarter. The business had revenue of $294.62 million for the quarter. Kosmos Energy had a negative return on equity of 39.29% and a negative net margin of 54.18%. On average, equities research analysts predict that Kosmos Energy Ltd. will post 0.24 EPS for the current year.

Insider Transactions at Kosmos Energy

In other Kosmos Energy news, SVP Josh R. Marion sold 19,656 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $1.37, for a total value of $26,928.72. Following the completion of the sale, the senior vice president owned 197,409 shares in the company, valued at $270,450.33. This trade represents a 9.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Nealesh D. Shah purchased 157,894 shares of the business's stock in a transaction on Tuesday, March 10th. The stock was purchased at an average price of $1.90 per share, with a total value of $299,998.60. Following the purchase, the chief financial officer owned 1,863,061 shares of the company's stock, valued at approximately $3,539,815.90. The trade was a 9.26% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 3,684,210 shares of company stock valued at $6,999,999 and have sold 272,844 shares valued at $377,592. 1.99% of the stock is owned by insiders.

Hedge Funds Weigh In On Kosmos Energy

Several large investors have recently modified their holdings of KOS. Parallel Advisors LLC raised its holdings in Kosmos Energy by 41.0% during the 3rd quarter. Parallel Advisors LLC now owns 24,634 shares of the oil and gas producer's stock valued at $41,000 after buying an additional 7,169 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings 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 acquiring an additional 9,159 shares during the last quarter. SmartHarvest Portfolios LLC grew its holdings in Kosmos Energy by 73.0% in the 1st quarter. SmartHarvest Portfolios LLC now owns 23,814 shares of the oil and gas producer's stock worth $66,000 after acquiring an additional 10,050 shares during the last quarter. Equitable Holdings Inc. grew its holdings in Kosmos Energy by 30.3% in the 4th quarter. Equitable Holdings Inc. now owns 45,539 shares of the oil and gas producer's stock worth $41,000 after acquiring an additional 10,598 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in Kosmos Energy by 35.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 42,577 shares of the oil and gas producer's stock worth $39,000 after acquiring an additional 11,209 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

About Kosmos Energy

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company's portfolio is anchored by assets in West Africa and the Gulf of Mexico.

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