Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $1.46, but opened at $1.55. Kosmos Energy shares last traded at $1.60, with a volume of 1,478,928 shares changing hands.
Analyst Ratings Changes
KOS has been the topic of several recent research reports. The Goldman Sachs Group restated a "neutral" rating and set a $2.00 target price (down from $3.00) on shares of Kosmos Energy in a research report on Monday, September 22nd. Weiss Ratings restated a "sell (d)" rating on shares of Kosmos Energy in a research report on Wednesday, October 8th. Finally, Mizuho decreased their target price on shares of Kosmos Energy from $3.00 to $2.00 and set a "neutral" rating on the stock in a research report on Monday, September 15th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $4.12.
Read Our Latest Research Report on Kosmos Energy
Kosmos Energy Price Performance
The company has a current ratio of 0.45, a quick ratio of 0.25 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $762.81 million, a PE ratio of -4.86 and a beta of 1.43. The stock's 50-day moving average is $1.70 and its two-hundred day moving average is $1.81.
Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The oil and gas producer reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.13). Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%.The firm had revenue of $393.52 million during the quarter, compared to analysts' expectations of $444.26 million. On average, equities analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current year.
Institutional Trading of Kosmos Energy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KOS. Equinox Partners Investment Management LLC raised its position in 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 worth $32,115,000 after purchasing an additional 5,485,000 shares during the period. American Century Companies Inc. raised its position in 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 worth $57,467,000 after purchasing an additional 4,175,537 shares during the period. Invesco Ltd. raised its position in Kosmos Energy by 40.2% in the 1st quarter. Invesco Ltd. now owns 10,898,600 shares of the oil and gas producer's stock worth $24,849,000 after purchasing an additional 3,127,003 shares during the period. Corigliano Investment Advisers LLC purchased a new stake in Kosmos Energy in the 1st quarter worth about $7,047,000. Finally, Squarepoint Ops LLC increased its position in shares of Kosmos Energy by 333.0% during the second quarter. Squarepoint Ops LLC now owns 3,221,011 shares of the oil and gas producer's stock worth $5,540,000 after acquiring an additional 2,477,102 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.
About Kosmos Energy
(
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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