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Kosmos Energy Ltd. (NYSE: KOS) recorded a significant volume of transactions on Thursday, 5,627,565 shares were traded on the stock exchange, an increase of 111% over the last stock trades at $ 8.20 and closed at $ 8.03
A number of badysts recently published reports on the title.Zacks Investment Research downgraded shares of Kosmos Energy from a rating of " hold "on Wednesday, April 11, Jefferies Financial Group downgraded Kosmos Energy shares from a" buy "rating to a" hold "rating and set a price target of $ 7.00 on the stock. On May 8, Barclays upgraded Kosmos Energy shares from an "equal weight" rating to an "overweight" rating and set a price target of $ 9.00 on the stock in a report on Thursday, May 17th. . "Note to a Sell" in a report on Tuesday, May 22. Finally, Royal Bank of Canada has upgraded Kosmos Energy shares from a "sector perform" rating to "outperform" and set a target price of $ 10.00 on the title in a report on Thursday.Two badysts rated the stock with a reserve note and thirteen gave the company a buy-in. Kosmos Energy currently has an average rating of "Buy" and a consensus price target of $ 9.24.
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) last released its quarterly results on Monday, May 7. The oil and gas producer reported ($ 0.06) earnings per share (EPS) for the quarter, leading consensus badyst estimates of ($ 0.13) by $ 0.07. The company achieved a turnover of $ 127.18 million for the quarter, against a consensus estimate of $ 125.50 million. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. The business turnover of the company is down 16.3% over the same quarter of last year. During the same quarter last year, the company posted earnings per share of $ 0.11. Analysts on the sales side expect Kosmos Energy Ltd to post 0.08 earnings per share for the current year.
Institutional investors and hedge funds recently bought and sold shares. Millennium Management LLC lifted its stake in Kosmos Energy by 335.9% in the first quarter. Millennium Management LLC now holds 5,225,419 shares of oil and gas producers valued at $ 32,920,000 after purchasing 4,026,583 additional shares in the last quarter. Guggenheim Capital LLC raised its stake in Kosmos Energy by 10.8% in the first quarter. Guggenheim Capital LLC now holds 240,307 shares of the oil and gas company valued at $ 1,514,000 after purchasing 23,341 additional shares in the last quarter. ART. Advisors LLC purchased a new position in Kosmos Energy during the first quarter, valued at approximately $ 924,000. Koch Industries Inc. purchased a new position in Kosmos Energy during the first quarter, valued at approximately $ 113,000. Finally, Pitcairn Co. purchased a new position in Kosmos Energy in the first quarter, valued at approximately $ 262,000. 97.78% of the stock is currently held by institutional investors.
Kosmos Energy Company Profile
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 exploration potential off Mauritania and Senegal, as well as exploration licenses off Côte d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe and Suriname [19659006] Your email address below to receive a concise daily summary of the latest news and badyst ratings for Kosmos Energy and related companies with the free daily newsletter from MarketBeat.com.
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