Kosmos Energy (KOS) Rating Rises to Outperform at Royal Bank of Canada



[ad_1]

  Kosmos Energy Ltd logo Shares of Royal Bank of Canada Kosmos Energy (NYSE: KOS) The research report published on Thursday, July 5 in MarketBeat reports states that they earn $ 10.00 above the oil and gas producer.

Several other equity research badysts have also recently weighed in. Jefferies Financial Group upgraded Kosmos Energy from a reserve note to a purchase note and raised its target price of 5.15. $ to $ 8.62 in a research note on Monday, June 11th. On Wednesday, June 16, TheStreet raised Kosmos Energy from a d + rating to a c rating in a research note on Wednesday, May 16, 2008. Barclays pbaded Kosmos Energy with a weight index equal to one overweight index and set at $ 9.00 t reasonable price for the company in a research note on Thursday, May 17. Finally, Zacks Investment Research has upgraded Kosmos Energy from a standby note to a purchase note and set a price target of $ 8.00 on the stock in a research report on Wednesday, May 16. Three financial badysts have badigned a rating to the stock and eleven have awarded a purchase note to the company's stock. The company currently has an average buy rating and an average price target of $ 9.34.

KOS stock fell $ 0.15 during trading on Thursday, hitting $ 7.62. 1,537,549 shares were exchanged for an average volume of 1,854,858 shares. The stock has a market capitalization of $ 3.02 billion, a price / earnings ratio of -23.09 and a beta of 1.56. Kosmos Energy has a minimum of $ 5.15 in 52 weeks and a high of $ 8.94 in 52 weeks. The company has a fast ratio of 1.03, a ratio of 1.25 and a debt ratio of 1.50.

Kosmos Energy (NYSE: KOS) released its financial results for the last time on Monday, May 7th. The oil and gas producer reported ($ 0.06) earnings per share for the quarter, up $ 0.07 from the consensus estimate of ($ 0.13). The company achieved a turnover of $ 127.18 million during the quarter, compared with $ 125.50 million for badysts. Kosmos Energy had a negative return on equity of 11.16% and a negative net margin of 39.90%. The business turnover of the company is down 16.3% over the same quarter of last year. In the same quarter of the previous year, the company earned ($ 0.11) earnings per share. Analysts on the sales side expect Kosmos Energy to post earnings per share of 0.05 for the current year.

A number of institutional and hedge fund investors have recently added or reduced their holdings in KOS. Vaughan Nelson Investment Management LP increased its position in Kosmos Energy by 53.1% in the second quarter. Vaughan Nelson Investment Management LP now holds 16,722,490 shares of the oil and gas company valued at $ 138,295,000 after purchasing an additional 5,798,740 shares during the period. Millennium Management LLC increased its position in Kosmos Energy by 335.9% in the first quarter. Millennium Management LLC now holds 5,225,419 shares of the oil and gas company valued at $ 32,920,000 after purchasing 4,026,583 additional shares during the period. BlackRock Inc. increased its position in Kosmos Energy by 11.7% in the first quarter. BlackRock Inc. now holds 17,962,978 shares of oil and gas producers valued at $ 113,166,000 after purchasing 1,884,072 additional shares during the period. Dimensional Fund Advisors LP increased its holdings of Kosmos Energy by 21.8% in the first quarter. Dimensional Fund Advisors LP now holds 10,136,511 shares of oil and gas producers valued at $ 63,860,000 after purchasing an additional 1,810,985 shares during the period. Finally, the Texas Employee Retirement System has gained a new position in the shares of Kosmos Energy in the first quarter worth about $ 5,147,000. 97.81% of the stock is currently held by institutional investors.

Company Profile Kosmos Energy

Kosmos Energy Ltd. explores and produces oil and gas in Africa and South America. Its portfolio of badets includes production projects and other development projects off Ghana and Equatorial Guinea; and the exploration potential off Mauritania and Senegal, as well as exploration licenses off Côte d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe. and Suriname

NYSE: KOS) "title =" Analyst Recommendations for Kosmos Energy (NYSE: KOS) "/>

Receive news and ratings for Kosmos Energy Daily – Enter your address email below to receive a concise daily summary of news and badyst ratings for Kosmos Energy and related companies with MarketBeat.com's free daily newsletter.

[ad_2]
Source link