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

Kosmos Energy Ltd. (NYSE:KOS) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $9.30.

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

Hedge Funds Weigh In On Kosmos Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in KOS. Wetzel Investment Advisors Inc. purchased a new position in Kosmos Energy during the 4th quarter valued at about $27,000. TFO Wealth Partners LLC boosted its position in shares of Kosmos Energy by 7,051.9% in the 4th quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock worth $39,000 after purchasing an additional 5,712 shares in the last quarter. Covestor Ltd grew its stake in shares of Kosmos Energy by 35,360.9% in the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock worth $48,000 after buying an additional 8,133 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in Kosmos Energy during the 1st quarter valued at approximately $60,000. Finally, First Trust Direct Indexing L.P. purchased a new position in Kosmos Energy during the fourth quarter valued at $68,000. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Price Performance

Shares of Kosmos Energy stock opened at $5.57 on Tuesday. The company’s fifty day simple moving average is $5.75 and its two-hundred day simple moving average is $5.99. Kosmos Energy has a 12-month low of $5.07 and a 12-month high of $8.28. The firm has a market cap of $2.63 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 0.44 and a beta of 2.41. The company has a quick ratio of 0.64, a current ratio of 0.91 and a debt-to-equity ratio of 2.48.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter. The company 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%. As a group, equities analysts expect that Kosmos Energy will post 0.73 EPS for the current year.

Kosmos Energy Company Profile

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.