Is Kosmos Energy Ltd (NYSE:KOS) being unfairly punished by investors?

In yesterday’s Wall Street session, Kosmos Energy Ltd (NYSE:KOS) shares traded at $6.57, down -1.94% from the previous session.

10 analysts cover Kosmos Energy Ltd (NYSE:KOS), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $8.29, we find $9.46. Given the previous closing price of $6.70, this indicates a potential upside of 41.19 percent. KOS stock price is now -11.29% away from the 50-day moving average and -6.51% away from the 200-day moving average. The market capitalization of the company currently stands at $3.02B.

The stock has received a hold rating from 1 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $9.69 as their price target over the next twelve months.

With the price target reduced from $12 to $9, Bernstein Downgraded its rating from Outperform to Mkt Perform for Kosmos Energy Ltd (NYSE: KOS).

In other news, GOODWIN DEANNA L, Director sold 112,000 shares of the company’s stock on Jun 09. The stock was sold for $749,280 at an average price of $6.69. Upon completion of the transaction, the Director now directly owns 99,532 shares in the company, valued at $0.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09, Director Franklin Roy A. sold 8,000 shares of the business’s stock. A total of $54,400 was realized by selling the stock at an average price of $6.80. This leaves the insider owning 68,870 shares of the company worth $0.45 million. Insiders disposed of 1,230,111 shares of company stock worth roughly $8.08 million over the past 1 year. A total of 2.13% of the company’s stock is owned by insiders.

On Wednesday morning Kosmos Energy Ltd (NYSE: KOS) stock kicked off with the opening price of $6.65. During the past 12 months, Kosmos Energy Ltd has had a low of $5.28 and a high of $8.55. As of last week, the company has a debt-to-equity ratio of 2.39, a current ratio of 0.82, and a quick ratio of 0.44. According to the stock market information, the enterprise value for the company is $5.50B, which is based on a 43.25 price-to-earnings ratio, a 1.82 price-to-earnings-growth ratio, and a beta of 2.61. The fifty day moving average price for KOS is $7.41 and a two-hundred day moving average price translates $7.03 for the stock.

The latest earnings results from Kosmos Energy Ltd (NYSE: KOS) was released for Sep, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $0.06, missing analysts’ expectations of $0.09 by -0.03. This compares to $0.47 EPS in the same period last year. The net profit margin was 4.54% and return on equity was 8.19% for KOS. The company reported revenue of $526.55 million for the quarter, compared to $456.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.44 percent. For the current quarter, analysts expect KOS to generate $366.82M in revenue.

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.

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