Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) PT at $5.02

Kosmos Energy Ltd. (NYSE:KOS) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $5.02.

KOS has been the topic of a number of recent research reports. Mizuho dropped their target price on Kosmos Energy from $4.00 to $3.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group reduced 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. Finally, StockNews.com raised shares of Kosmos Energy to a “sell” rating in a research report on Friday.

Kosmos Energy Stock Performance

KOS opened at $1.75 on Friday. Kosmos Energy has a 1-year low of $1.39 and a 1-year high of $6.33. The company has a market cap of $834.13 million, a price-to-earnings ratio of 3.97, a PEG ratio of 5.24 and a beta of 1.46. The company’s fifty day moving average price is $1.89 and its two-hundred day moving average price is $2.85. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last posted 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 business had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. On average, analysts expect that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Institutional Trading of Kosmos Energy

Institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC bought a new stake in shares of Kosmos Energy during the first quarter valued at about $30,000. VSM Wealth Advisory LLC bought a new stake in Kosmos Energy during the 4th quarter worth approximately $34,000. Disciplined Investors L.L.C. purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $36,000. Sapient Capital LLC purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $37,000. Finally, Boothbay Fund Management LLC bought a new position in Kosmos Energy in the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 95.33% of the company’s stock.

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.