Kosmos Energy Ltd. (NYSE:KOS – Get Rating) gapped down prior to trading on Monday . The stock had previously closed at $8.00, but opened at $7.47. Kosmos Energy shares last traded at $7.24, with a volume of 74,285 shares changing hands.
A number of research firms recently commented on KOS. Berenberg Bank downgraded Kosmos Energy from a “buy” rating to a “hold” rating in a report on Monday. Barclays upped their price objective on Kosmos Energy from $6.50 to $11.00 and gave the company an “overweight” rating in a report on Wednesday, April 6th. The Goldman Sachs Group upped their price objective on Kosmos Energy from $8.00 to $9.50 and gave the company a “buy” rating in a report on Tuesday, April 5th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Thursday, May 12th. Finally, TheStreet upgraded Kosmos Energy from a “d+” rating to a “c” rating in a report on Monday, February 28th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Kosmos Energy has an average rating of “Buy” and a consensus target price of $9.43.
The company has a quick ratio of 0.69, a current ratio of 0.85 and a debt-to-equity ratio of 4.45. The firm has a market capitalization of $3.41 billion, a P/E ratio of 800.00 and a beta of 3.05. The stock has a fifty day moving average of $7.37 and a 200-day moving average of $5.64.
Kosmos Energy (NYSE:KOS – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The oil and gas producer reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $659.07 million during the quarter. Kosmos Energy had a return on equity of 36.26% and a net margin of 0.79%. During the same quarter in the previous year, the business posted ($0.08) earnings per share. Sell-side analysts predict that Kosmos Energy Ltd. will post 0.9 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of KOS. PNC Financial Services Group Inc. boosted its position in Kosmos Energy by 143.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the oil and gas producer’s stock valued at $26,000 after purchasing an additional 2,110 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Kosmos Energy by 374.6% during the third quarter. Rockefeller Capital Management L.P. now owns 9,491 shares of the oil and gas producer’s stock valued at $28,000 after purchasing an additional 7,491 shares during the last quarter. Captrust Financial Advisors boosted its position in Kosmos Energy by 50.1% during the first quarter. Captrust Financial Advisors now owns 4,394 shares of the oil and gas producer’s stock valued at $32,000 after purchasing an additional 1,467 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Kosmos Energy during the first quarter valued at approximately $41,000. Finally, Steward Financial Group LLC acquired a new position in Kosmos Energy during the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 82.44% of the company’s stock.
Kosmos Energy Company Profile (NYSE:KOS)
Kosmos Energy Ltd., a deep-water independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company’s primary assets include production offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal.
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