A number of other research analysts have also weighed in on KOS. BidaskClub upgraded shares of Kosmos Energy from a strong sell rating to a sell rating in a research note on Wednesday, July 5th. Zacks Investment Research downgraded shares of Kosmos Energy from a hold rating to a strong sell rating in a report on Tuesday, July 11th. Citigroup Inc. cut their price target on shares of Kosmos Energy from $10.00 to $9.00 and set a buy rating for the company in a report on Friday, July 21st. Jefferies Group LLC set a $8.00 price target on shares of Kosmos Energy and gave the company a buy rating in a report on Saturday, July 22nd. Finally, ValuEngine downgraded shares of Kosmos Energy from a hold rating to a sell rating in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Kosmos Energy presently has a consensus rating of Hold and an average price target of $9.50.
Kosmos Energy (KOS) opened at $8.37 on Thursday. Kosmos Energy has a one year low of $4.39 and a one year high of $8.62. The company has a quick ratio of 1.39, a current ratio of 1.66 and a debt-to-equity ratio of 1.07.
Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The business had revenue of $151.20 million during the quarter, compared to analysts’ expectations of $149.10 million. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. The firm’s quarterly revenue was up 126.9% on a year-over-year basis. research analysts forecast that Kosmos Energy will post -0.34 EPS for the current fiscal year.
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Hedge funds and other institutional investors have recently bought and sold shares of the company. Teacher Retirement System of Texas lifted its holdings in shares of Kosmos Energy by 40.8% during the 1st quarter. Teacher Retirement System of Texas now owns 15,389 shares of the oil and gas producer’s stock worth $102,000 after acquiring an additional 4,463 shares during the last quarter. Comerica Bank lifted its holdings in shares of Kosmos Energy by 16.8% during the 1st quarter. Comerica Bank now owns 18,750 shares of the oil and gas producer’s stock worth $113,000 after acquiring an additional 2,701 shares during the last quarter. Quantitative Systematic Strategies LLC bought a new stake in shares of Kosmos Energy during the 3rd quarter worth $118,000. Creative Planning bought a new stake in shares of Kosmos Energy during the 2nd quarter worth $128,000. Finally, QS Investors LLC lifted its holdings in shares of Kosmos Energy by 192.3% during the 2nd quarter. QS Investors LLC now owns 22,800 shares of the oil and gas producer’s stock worth $146,000 after acquiring an additional 15,000 shares during the last quarter.
Kosmos Energy Company Profile
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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