Kosmos Energy (NYSE:KOS) Shares Down 5.2% - Should You Sell?

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report)'s share price dropped 5.2% during trading on Monday . The stock traded as low as $2.66 and last traded at $2.67. Approximately 1,171,402 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 7,874,540 shares. The stock had previously closed at $2.81.

Analysts Set New Price Targets

Several research firms recently weighed in on KOS. StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. Jefferies Financial Group reissued a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark downgraded shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Mizuho dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $5.52.

Kosmos Energy Trading Up 3.1 %

The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The stock has a market capitalization of $1.05 billion, a P/E ratio of 4.99, a P/E/G ratio of 5.24 and a beta of 2.31. The business has a 50-day moving average price of $3.23 and a two-hundred day moving average price of $3.72.

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

Insider Transactions at Kosmos Energy

In other news, SVP Christopher James Ball sold 84,898 shares of the business's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $264,881.76. Following the completion of the transaction, the senior vice president now owns 1,639,925 shares of the company's stock, valued at approximately $5,116,566. The trade was a 4.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew G. Inglis sold 102,701 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, the chief executive officer now owns 4,236,691 shares of the company's stock, valued at approximately $13,218,475.92. This represents a 2.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 503,970 shares of company stock valued at $1,572,386. Company insiders own 2.02% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Kosmos Energy in the 3rd quarter valued at approximately $28,000. VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy in the fourth quarter valued at approximately $34,000. Disciplined Investors L.L.C. bought a new stake in shares of Kosmos Energy during the fourth quarter worth $36,000. CTC Alternative Strategies Ltd. acquired a new position in shares of Kosmos Energy during the third quarter worth $43,000. Finally, Sapient Capital LLC bought a new position in shares of Kosmos Energy in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 95.33% of the company's stock.

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.