Kosmos Energy Ltd (KOS) Receives Consensus Buy Score from Analysts

The shares of Kosmos Energy Ltd. (NYSE: KOS) received an average rating of "Buy" from the fifteen badysts currently covering the stock, MarketBeat Ratings reports that three financial badysts have awarded a rating to the stock and eleven have awarded a purchase score to the company, the average price over 12 months for badysts having discounted their coverage on the stock last year being $ 9.45.

A number of equity research badysts recently badessed KOS shares: Royal Bank of Canada changed Kosmos Energy's shares from a sectoral performance rating to a rating of outperformance and set a price target of $ 10. On Thursday, July 5, Zacks Investment Research lowered Kosmos Energy's shares from a "buy" rating to a "hold" rating in a report released on Saturday, ValuEngine upgraded its Kosmos Energy shares from "hold" to "hold". "buy" Barclays has raised Kosmos Energy's shares from an "equal weight" rating to an "overweight" rating and set a target price of $ 9.00 for the company in a report on Thursday, May 17th. Finally, Jefferies Financial Group lowered Kosmos Energy's shares from a "buy" rating to a "hold" note and set a price target of $ 7.00 for the company. in a report of Tuesday, May 8.

Several hedge funds and other institutional investors have recently changed their holdings in KOS. Millennium Management LLC increased its stake in Kosmos Energy shares 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. Vaughan Nelson Investment Management LP increased its stake in Kosmos Energy shares by 22.2% in the first quarter. Vaughan Nelson Investment Management LP now owns 10,923,750 shares of the oil and gas company valued at $ 68,819,000 after purchasing 1,985,000 additional shares during the period. BlackRock Inc. increased its interest in Kosmos Energy shares 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 interest in Kosmos Energy shares 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 1,810,985 additional shares during the period. Finally, the Texas Employee Retirement System has bought a new position in the shares of Kosmos Energy in the first quarter worth $ 5,147,000. 97.81% of the stock is currently held by institutional investors.

KOS shares fell by $ 0.02 at midday Tuesday, reaching $ 7.76. The company's stock had a trading volume of 1,322,200 shares, compared with its average volume of 2,586,797 shares. The company has a market capitalization of $ 3.15 billion, a price / earnings ratio of -23.52 and a beta of 1.56. The company has a debt ratio of 1.50, a ratio of 1.03 and a ratio of 1.25. Kosmos Energy has a 52-week low of $ 5.15 and a high of $ 52.94 in 52 weeks.

Kosmos Energy (NYSE: KOS) last announced its quarterly results on Monday, May 7th. The oil and gas producer reported earnings per share of $ 0.06 for the quarter, up $ 0.07 from Zacks' consensus estimate ($ 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 net margin of 39.90% and a negative return on equity of 11.16%. The quarterly business turnover of the company decreased by 16.3% from one year to the next. During the same period of the previous year, the company posted earnings per share of ($ 0.11). Equity research badysts expect Kosmos Energy to post 0.07 earnings per share for the current year.

About 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 the coast of Ivory Coast, Equatorial Guinea, Morocco, Sao Tome and Principe. and Principle and Suriname

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

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