Kosmos Energy (NYSE:KOS) Cut to "Sell" at StockNews.com

StockNews.com downgraded shares of Kosmos Energy (NYSE:KOS - Free Report) from a hold rating to a sell rating in a research report report published on Tuesday morning.

A number of other research analysts also recently commented on the company. Sanford C. Bernstein dropped their price target on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research note on Tuesday, November 5th. Mizuho decreased their target price 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. Jefferies Financial Group restated a "buy" rating and set a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Finally, Benchmark reduced their price target on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Kosmos Energy presently has an average rating of "Hold" and a consensus target price of $5.52.

Kosmos Energy Stock Performance

Shares of KOS traded up $0.01 during midday trading on Tuesday, reaching $2.80. 8,810,125 shares of the stock were exchanged, compared to its average volume of 8,061,590. Kosmos Energy has a twelve month low of $2.58 and a twelve month 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. The company has a market cap of $1.32 billion, a P/E ratio of 6.37, a PEG ratio of 5.24 and a beta of 2.41. The stock's 50 day simple moving average is $3.32 and its 200 day simple moving average is $3.83.

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Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). The company had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. On average, sell-side analysts expect that Kosmos Energy will post 0.42 earnings per share for the current year.

Insider Transactions at Kosmos Energy

In related news, CAO Ronald W. Glass sold 16,182 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,487.84. Following the sale, the chief accounting officer now directly owns 320,231 shares in the company, valued at $999,120.72. This represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the company'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 completion of the sale, the senior vice president now owns 172,057 shares in the company, valued at $536,817.84. The trade was a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 503,970 shares of company stock worth $1,572,386. Insiders own 2.02% of the company's stock.

Hedge Funds Weigh In On Kosmos Energy

Institutional investors have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. acquired a new position in Kosmos Energy in the third quarter valued at approximately $28,000. VSM Wealth Advisory LLC acquired a new position in shares of Kosmos Energy during the fourth quarter worth approximately $34,000. Disciplined Investors L.L.C. acquired a new position in shares of Kosmos Energy during the fourth quarter worth approximately $36,000. CTC Alternative Strategies Ltd. acquired a new position in shares of Kosmos Energy during the third quarter worth approximately $43,000. Finally, Sapient Capital LLC acquired a new position in shares of Kosmos Energy during the fourth quarter worth approximately $37,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Company Profile

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.