Kosmos Energy (NYSE:KOS) Trading Up 10.5% - Should You Buy?

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report)'s share price was up 10.5% on Monday . The stock traded as high as $1.72 and last traded at $1.68. Approximately 2,336,880 shares changed hands during trading, a decline of 70% from the average daily volume of 7,891,506 shares. The stock had previously closed at $1.52.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating and issued a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com lowered Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Benchmark lowered Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Mizuho cut their target price on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. Finally, The Goldman Sachs Group reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "buy" rating on the stock in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $5.27.

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Kosmos Energy Trading Up 12.2 %

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a 50-day moving average of $2.45 and a 200-day moving average of $3.28. The firm has a market capitalization of $857.84 million, a P/E ratio of 4.08, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $387.60 million. On average, equities research analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of the 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 completion of the sale, the chief accounting officer now owns 320,231 shares in the company, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Josh R. Marion sold 16,144 shares of the business'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 transaction, the senior vice president now directly owns 172,057 shares in the company, valued at $536,817.84. This trade represents a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is currently owned by company insiders.

Institutional Trading of Kosmos Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp raised its holdings in Kosmos Energy by 24.9% in the 4th quarter. Stifel Financial Corp now owns 19,711 shares of the oil and gas producer's stock worth $67,000 after purchasing an additional 3,932 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Kosmos Energy by 10.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer's stock valued at $155,000 after buying an additional 4,381 shares during the period. Franklin Resources Inc. raised its stake in Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after buying an additional 4,640 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer's stock worth $588,000 after buying an additional 6,300 shares during the period. Finally, Xponance Inc. boosted its position in Kosmos Energy by 21.1% during the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer's stock valued at $127,000 after acquiring an additional 6,460 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.

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.