Kosmos Energy Ltd. (NYSE:KOS) Receives Average Rating of “Moderate Buy” from Brokerages

Kosmos Energy Ltd. (NYSE:KOS) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $9.30.

KOS has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday, June 25th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, March 15th.

Institutional Investors Weigh In On Kosmos Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Oslo Asset Management AS grew its stake in shares of Kosmos Energy by 54.5% in the 4th quarter. Oslo Asset Management AS now owns 1,700,000 shares of the oil and gas producer’s stock worth $11,407,000 after acquiring an additional 600,000 shares in the last quarter. Trexquant Investment LP bought a new stake in Kosmos Energy in the 4th quarter worth about $2,807,000. Dimensional Fund Advisors LP increased its stake in Kosmos Energy by 8.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 9,687,431 shares of the oil and gas producer’s stock valued at $65,005,000 after buying an additional 761,657 shares during the last quarter. Patient Capital Management LLC lifted its position in shares of Kosmos Energy by 19.7% during the 4th quarter. Patient Capital Management LLC now owns 6,363,423 shares of the oil and gas producer’s stock worth $42,699,000 after buying an additional 1,046,091 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Kosmos Energy by 189.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 106,131 shares of the oil and gas producer’s stock worth $712,000 after buying an additional 69,473 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $5.57 on Tuesday. The firm has a market capitalization of $2.63 billion, a P/E ratio of 12.11, a P/E/G ratio of 0.44 and a beta of 2.41. The firm’s 50-day moving average price is $5.75 and its 200-day moving average price is $5.99. The company has a current ratio of 0.91, a quick ratio of 0.64 and a debt-to-equity ratio of 2.48. Kosmos Energy has a 1-year low of $5.07 and a 1-year high of $8.28.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share for the quarter. The business had revenue of $419.14 million for the quarter. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. Equities research analysts anticipate that Kosmos Energy will post 0.73 earnings per share for the current fiscal year.

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.