Analysts Set Kosmos Energy Ltd. (NYSE:KOS) Target Price at $9.63

Kosmos Energy Ltd. (NYSE:KOS) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $9.63.

A number of research firms recently issued reports on KOS. TheStreet cut Kosmos Energy from a “b” rating to a “c+” rating in a report on Monday, February 26th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th.

Kosmos Energy Price Performance

Shares of Kosmos Energy stock opened at $5.81 on Friday. Kosmos Energy has a twelve month low of $5.23 and a twelve month high of $8.28. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.49 and a current ratio of 0.76. The firm has a market cap of $2.74 billion, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 0.72 and a beta of 2.36. The firm’s 50-day simple moving average is $5.88 and its 200-day simple moving average is $6.32.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings results on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.08. The firm had revenue of $507.81 million during the quarter. Kosmos Energy had a net margin of 12.55% and a return on equity of 39.94%. During the same period in the prior year, the business earned $0.23 earnings per share. As a group, research analysts expect that Kosmos Energy will post 0.75 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. acquired a new position in Kosmos Energy in the fourth quarter valued at about $27,000. TFO Wealth Partners LLC boosted its stake in Kosmos Energy by 7,051.9% during the 4th quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock worth $39,000 after acquiring an additional 5,712 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in Kosmos Energy during the 1st quarter worth approximately $60,000. First Trust Direct Indexing L.P. acquired a new position in Kosmos Energy during the fourth quarter valued at approximately $68,000. Finally, Procyon Advisors LLC bought a new stake in Kosmos Energy in the fourth quarter valued at approximately $74,000. 95.33% of the stock is currently owned by institutional investors.

About Kosmos Energy

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.