Stocks of Kosmos Energy Ltd. (NYSE:KOS) traded higher last session on Wall Street, down -2.73% to $6.41.
According to the data, Kosmos Energy Ltd. (NYSE:KOS) has 6 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $12.04 and a low of $7.96, we find $9.00. Given the previous closing price of $6.59, this indicates a potential upside of 36.57 percent. KOS stock price is now 3.33% away from the 50-day moving average and 0.45% away from the 200-day moving average. The market capitalization of the company currently stands at $2.97B.
A total of 0 analysts have issued a hold rating and 5 have given it a buy rating. Brokers who have rated the stock have averaged $10.01 as their price target over the next twelve months.
With the price target enhanced from $8.30 to $8.50, Berenberg Upgraded its rating from Hold to Buy for Kosmos Energy Ltd. (NYSE: KOS)., while ‘Barclays’ rates the stock as ‘Overweight’.
In other news, Dearlove Sir Richard Billing, Director sold 147,000 shares of the company’s stock on Nov 10. The stock was sold for $977,771 at an average price of $6.65. Upon completion of the transaction, the Director now directly owns 133,615 shares in the company, valued at $0.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13, Director Franklin Roy A. sold 20,732 shares of the business’s stock. A total of $147,197 was realized by selling the stock at an average price of $7.10. This leaves the insider owning 52,009 shares of the company worth $0.33 million. Insiders disposed of 828,406 shares of company stock worth roughly $5.31 million over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KOS stock. A new stake in Kosmos Energy Ltd. shares was purchased by MESIROW INSTITUTIONAL INVESTMENT MANAGEMENT, INC. during the first quarter worth $6,477,000. EXODUSPOINT CAPITAL MANAGEMENT, LP invested $5,940,000 in shares of KOS during the first quarter. In the first quarter, PORTOLAN CAPITAL MANAGEMENT, LLC acquired a new stake in Kosmos Energy Ltd. valued at approximately $4,997,000. DYNAMIC TECHNOLOGY LAB PRIVATE LTD acquired a new stake in KOS for approximately $1,354,000. ZEKE CAPITAL ADVISORS, LLC purchased a new stake in KOS valued at around $678,000 in the second quarter. In total, there are 318 active investors with 94.10% ownership of the company’s stock.
During the past 12 months, Kosmos Energy Ltd. has had a low of $3.02 and a high of $8.48. As of last week, the company has a debt-to-equity ratio of 2.58, a current ratio of 0.90, and a quick ratio of 0.70. The fifty day moving average price for KOS is $6.20 and a two-hundred day moving average price translates $6.39 for the stock.
The latest earnings results from Kosmos Energy Ltd. (NYSE: KOS) was released for Jun, 2022. According to the Oil & Gas E&P Company, earnings per share came in at $0.25, beating analysts’ expectations of $0.18 by 0.07. This compares to -$0.07 EPS in the same period last year. The net profit margin was 19.00% and return on equity was 67.10% for KOS. The company reported revenue of $456.1 million for the quarter, compared to $200.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 127.44 percent.
Moreover, the firm recently paid out its quarterly dividend on 03/26/2020. Investors who held shares on 03/05/2020 were paid a $0.0452 dividend.
Kosmos Energy Ltd.(KOS) Company Profile
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. It also maintains a proven basin exploration program. The company was founded in 2003 and is headquartered in Dallas, Texas.