Zacks: Analysts predict Kosmos Energy Ltd (KOS) to post quarterly sales of $ 207.45 million



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  Kosmos Energy logo Brokers are expecting Kosmos Energy Ltd (NYSE: KOS) to post a turnover of $ 207.45 million for the current quarter, according to Zacks Investment Research. The lowest business figure of Kosmos Energy is estimated at $ 192.90 million and the highest at $ 222.00 million, while Kosmos Energy has announced sales of $ 146.52 million at same quarter last year. The firm is expected to announce its next quarterly results before the market opens on Monday, August 6th.

According to Zacks, badysts expect Kosmos Energy to post sales of $ 777.20 million for the current fiscal year, For next year, badysts predict that Company will report sales of $ 872.55 million per share, with estimates ranging from $ 775.10 million to $ 970.00 million. Zacks' sales calculations are an average based on a survey of sell-side badysts who provide coverage for Kosmos Energy.

Kosmos Energy (NYSE: KOS) released its quarterly results for the last time on Monday, May 7th. The oil and gas producer reported earnings per share of $ 0.06 for the quarter, up $ 0.07 from the consensus estimate of ($ 0.13). The company achieved a turnover of $ 127.18 million for the quarter, compared to the 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%. Company revenues for the quarter decreased 16.3% from one year to the next. During the same period the previous year, the company earned $ (0.11) of BPA.

A number of badysts have recently released stock reports. Royal Bank of Canada has upgraded Kosmos Energy shares from "sector perform" to "outperform" and has set a target price of $ 10.00 on the stock in a report on Thursday, July 5. Jefferies Financial Group has raised Kosmos Energy shares from a "hold" rating to a "buy" rating and increased its price target from $ 5.15 to $ 8.62 in a report on Monday, June 11. ValuEngine upgraded Kosmos Energy's shares from a "hold" rating to a "buy" rating in a report on Saturday, June 2nd. TheStreet has upgraded Kosmos Energy shares from a "d +" rating to a "c-" rating in a report on Wednesday, May 16th. Finally, 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. Two financial badysts gave a rating to the stock and thirteen attributed a purchase note to the stock. The stock has a consensual rating of "Buy" and an average price target of $ 9.24.

KOS shares were depreciated by $ 0.02 during trading hours on Friday, reaching $ 8.14. The stock of the company recorded a trading volume of 1,959,200 shares, against an average volume of 2,612,949 shares. The company has a market capitalization of $ 3.24 billion, a price-earnings ratio of -24.85 and a beta of 1.56. The company has a debt ratio of 1.50, a ratio of 1.25 and a ratio of 1.03. Kosmos Energy has a 12-month low with $ 5.15 and a high of $ 12.94 in 12 months.

A number of large investors recently bought and sold KOS shares. Koch Industries Inc. acquired a new position in Kosmos Energy during the first quarter worth $ 113,000. PNC Financial Services Group Inc. increased its position in Kosmos Energy by 377.6% in the first quarter. PNC Financial Services Group Inc. now holds 22,076 shares of oil and gas companies valued at $ 138,000 after acquiring an additional 17,454 shares during the period. HBK Investments L P acquired a new position in Kosmos Energy during the fourth quarter, worth $ 201,000. Virtu Financial LLC acquired a new position in Kosmos Energy during the fourth quarter worth $ 204,000. Finally, the State of Alaska's Revenue Department increased its position in Kosmos Energy by 70.8% in the second quarter. The Alaska State Department of Revenue now holds 30,992 shares of the $ 256,000 oil and gas company after acquiring 12,842 additional shares over the course of a year. the period. Institutional investors hold 97.69% of the shares of the company.

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 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

Recommended History: Price / Benefit Ratio (PE)

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