Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have been given an average rating of "Moderate Buy" by the five analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $5.52.
Several equities research analysts recently commented on the stock. Benchmark cut their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. StockNews.com raised Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Sanford C. Bernstein decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research report on Tuesday, November 5th. Mizuho cut their price target on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Finally, Bank of America decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating for the company in a report on Wednesday, September 25th.
Read Our Latest Stock Analysis on Kosmos Energy
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC boosted its holdings in Kosmos Energy by 3.0% in the 2nd quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer's stock valued at $399,000 after purchasing an additional 2,055 shares in the last quarter. Fruth Investment Management boosted its stake in shares of Kosmos Energy by 10.2% in the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer's stock valued at $108,000 after buying an additional 2,500 shares in the last quarter. nVerses Capital LLC raised its position in Kosmos Energy by 13.6% in the third quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer's stock worth $125,000 after acquiring an additional 3,700 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Kosmos Energy by 0.3% in the second quarter. Renaissance Technologies LLC now owns 1,462,835 shares of the oil and gas producer's stock valued at $8,104,000 after acquiring an additional 4,395 shares during the period. Finally, Franklin Resources Inc. boosted its position in shares of Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after purchasing an additional 4,640 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.
Kosmos Energy Stock Down 1.6 %
KOS stock traded down $0.06 during midday trading on Friday, reaching $3.69. 9,233,359 shares of the company were exchanged, compared to its average volume of 8,655,147. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 0.39 and a beta of 2.43. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $6.79. The stock's 50-day simple moving average is $3.61 and its 200 day simple moving average is $4.33.
About Kosmos Energy
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Get Free ReportKosmos 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.
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