In yesterday’s Wall Street session, Kosmos Energy Ltd. (NYSE:KOS) shares traded at $6.01, down -2.28% from the previous session.
9 analysts cover Kosmos Energy Ltd. (NYSE:KOS), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $8.70, we find $9.48. Given the previous closing price of $6.15, this indicates a potential upside of 54.15 percent. KOS stock price is now -12.69% away from the 50-day moving average and -9.92% away from the 200-day moving average. The market capitalization of the company currently stands at $2.75B.
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The stock has received a hold rating from 1 analysts and a buy rating from 5. Brokers who have rated the stock have averaged $10.08 as their price target over the next twelve months.
With the price target of $8.94, Peel Hunt recently initiated with Add rating for Kosmos Energy Ltd. (NYSE: KOS). On February 28, 2023, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $10 to quote $9.60, while ‘The Benchmark Company’ rates the stock as ‘Buy’.
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 $0.8 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 $0.31 million. Insiders disposed of 1,031,091 shares of company stock worth roughly $6.2 million over the past 1 year. A total of 2.14% 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 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC during the first quarter worth $91,473,000. ENCOMPASS CAPITAL ADVISORS LLC invested $45,302,000 in shares of KOS during the first quarter. In the first quarter, SAMLYN CAPITAL, LLC acquired a new stake in Kosmos Energy Ltd. valued at approximately $18,224,000. HOLOCENE ADVISORS, LP acquired a new stake in KOS for approximately $13,630,000. RENAISSANCE TECHNOLOGIES LLC purchased a new stake in KOS valued at around $4,424,000 in the second quarter.
On Tuesday morning Kosmos Energy Ltd. (NYSE: KOS) stock kicked off with the opening price of $6.05. During the past 12 months, Kosmos Energy Ltd. has had a low of $4.64 and a high of $8.55. As of last week, the company has a debt-to-equity ratio of 2.55, a current ratio of 0.70, and a quick ratio of 0.40. According to the stock market information, the enterprise value for the company is $4.88B, which is based on a 9.45 price-to-earnings ratio, a 0.40 price-to-earnings-growth ratio, and a beta of 2.80. The fifty day moving average price for KOS is $6.85 and a two-hundred day moving average price translates $6.67 for the stock.
The latest earnings results from Kosmos Energy Ltd. (NYSE: KOS) was released for Mar, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $0.16, missing analysts’ expectations of $0.17 by -0.01. This compares to $0.00 EPS in the same period last year. The net profit margin was 15.60% and return on equity was 38.40% for KOS. The company reported revenue of $393.87 million for the quarter, compared to $659.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -40.24 percent. For the current quarter, analysts expect KOS to generate $377.29M in revenue.
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. engages in the exploration and production of oil and gas properties 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 a gas projects located in offshore Mauritania and Senegal. It also undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.
