Kosmos Energy (KOS) Projected to Post Quarterly Earnings on Monday

Kosmos Energy (NYSE:KOS - Get Free Report) is expected to release its earnings data before the market opens on Monday, February 24th. Analysts expect Kosmos Energy to post earnings of $0.01 per share and revenue of $387.60 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Kosmos Energy Price Performance

NYSE KOS traded down $0.12 during mid-day trading on Thursday, hitting $3.35. The stock had a trading volume of 5,076,093 shares, compared to its average volume of 7,623,946. The company has a 50 day simple moving average of $3.34 and a 200 day simple moving average of $3.90. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 5.18 and a beta of 2.41. Kosmos Energy has a 52-week low of $2.62 and a 52-week high of $6.58. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on KOS shares. Jefferies Financial Group restated a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark dropped their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Sanford C. Bernstein reduced their target price on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research note on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Finally, Mizuho cut their price target on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Kosmos Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $5.52.

Insiders Place Their Bets

In related news, SVP Josh R. Marion sold 16,144 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,369.28. Following the sale, the senior vice president now directly owns 172,057 shares of the company's stock, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew G. Inglis sold 138,689 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $432,709.68. Following the completion of the sale, the chief executive officer now owns 3,959,000 shares of the company's stock, valued at approximately $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock valued at $1,572,386 in the last quarter. 2.02% of the stock is currently owned by company insiders.

About Kosmos Energy

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.