TheStreet upgraded shares of Kosmos Energy (NYSE:KOS) from a d+ rating to a c- rating in a research report released on Wednesday.
A number of other analysts have also recently weighed in on KOS. Barclays raised shares of Kosmos Energy from an equal weight rating to an overweight rating and set a $9.00 price objective on the stock in a report on Thursday. Jefferies Group lowered shares of Kosmos Energy from a buy rating to a hold rating and set a $7.00 target price on the stock. in a research report on Tuesday, May 8th. Zacks Investment Research upgraded shares of Kosmos Energy from a hold rating to a buy rating and set a $8.00 target price on the stock in a research report on Wednesday. ValuEngine upgraded shares of Kosmos Energy from a sell rating to a hold rating in a research report on Friday, April 13th. Finally, BMO Capital Markets set a $10.00 target price on shares of Kosmos Energy and gave the stock a buy rating in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the stock. Kosmos Energy has a consensus rating of Buy and an average target price of $9.33.
Get Kosmos Energy alerts:KOS stock opened at $7.83 on Wednesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.03 and a current ratio of 1.25. Kosmos Energy has a twelve month low of $5.15 and a twelve month high of $8.62. The company has a market cap of $2.98 billion, a price-to-earnings ratio of -23.73 and a beta of 1.52.
Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, May 7th. The oil and gas producer reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.07. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. The company had revenue of $127.18 million for the quarter, compared to analysts’ expectations of $125.50 million. During the same quarter last year, the company earned ($0.11) earnings per share. The firm’s revenue for the quarter was down 16.3% on a year-over-year basis.
A number of large investors have recently bought and sold shares of KOS. JPMorgan Chase & Co. grew its position in Kosmos Energy by 51.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,144 shares of the oil and gas producer’s stock valued at $169,000 after buying an additional 7,144 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Kosmos Energy by 14.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 947,554 shares of the oil and gas producer’s stock valued at $6,491,000 after buying an additional 118,411 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Kosmos Energy in the 4th quarter valued at $114,000. Eqis Capital Management Inc. grew its position in Kosmos Energy by 46.3% in the 4th quarter. Eqis Capital Management Inc. now owns 99,877 shares of the oil and gas producer’s stock valued at $684,000 after buying an additional 31,627 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its position in Kosmos Energy by 2.5% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 8,938,750 shares of the oil and gas producer’s stock valued at $61,230,000 after buying an additional 219,195 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.
Kosmos Energy Company Profile
Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.
No comments:
Post a Comment