Mizuho Issues Pessimistic Forecast for Kosmos Energy (NYSE:KOS) Stock Price

Kosmos Energy (NYSE:KOS - Get Free Report) had its target price decreased by research analysts at Mizuho from $4.00 to $3.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a "neutral" rating on the oil and gas producer's stock. Mizuho's price objective would indicate a potential upside of 71.92% from the company's previous close.

Other research analysts have also recently issued reports about the stock. Benchmark cut shares of Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group lowered their target price on shares of Kosmos Energy from $4.00 to $3.50 and set a "buy" rating for the company in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $5.02.

Kosmos Energy Trading Down 0.3%

Shares of Kosmos Energy stock traded down $0.01 on Tuesday, hitting $1.75. The stock had a trading volume of 610,956 shares, compared to its average volume of 10,116,758. The firm has a market capitalization of $834.13 million, a P/E ratio of 3.97, a PEG ratio of 5.24 and a beta of 1.46. The stock has a 50 day moving average of $1.90 and a 200 day moving average of $2.88. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a twelve month low of $1.39 and a twelve month high of $6.33.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). The company had revenue of $290.43 million for the quarter, compared to the consensus estimate of $338.23 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. Sell-side analysts expect that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Kosmos Energy

Large investors have recently added to or reduced their stakes in the company. Corigliano Investment Advisers LLC acquired a new position in shares of Kosmos Energy during the first quarter valued at $7,047,000. AQR Capital Management LLC boosted its position in Kosmos Energy by 56.7% during the 1st quarter. AQR Capital Management LLC now owns 387,739 shares of the oil and gas producer's stock worth $884,000 after acquiring an additional 140,261 shares during the period. Nantahala Capital Management LLC purchased a new stake in shares of Kosmos Energy during the 1st quarter worth about $3,914,000. Vident Advisory LLC acquired a new stake in Kosmos Energy in the 1st quarter worth approximately $30,000. Finally, Huber Capital Management LLC grew its holdings in shares of Kosmos Energy by 7.9% during the 1st quarter. Huber Capital Management LLC now owns 231,900 shares of the oil and gas producer's stock worth $529,000 after purchasing an additional 17,000 shares in the last quarter. 95.33% of the stock is currently 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.