Analysts Set Kosmos Energy Ltd. (NYSE:KOS) Target Price at $9.63

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $9.30.

Several equities research analysts recently commented on KOS shares. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Benchmark reaffirmed a “buy” rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $5.54 on Tuesday. Kosmos Energy has a 12 month low of $5.07 and a 12 month high of $8.28. The company has a market cap of $2.61 billion, a PE ratio of 12.04, a P/E/G ratio of 0.43 and a beta of 2.39. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.91 and a quick ratio of 0.64. The company has a fifty day moving average price of $5.77 and a two-hundred day moving average price of $6.01.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share for the quarter. Kosmos Energy had a net margin of 12.85% and a return on equity of 39.32%. The business had revenue of $419.14 million during the quarter. Research analysts expect that Kosmos Energy will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Wetzel Investment Advisors Inc. acquired a new position in Kosmos Energy during the fourth quarter worth $27,000. TFO Wealth Partners LLC raised its stake in Kosmos Energy by 7,051.9% during the fourth quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock worth $39,000 after acquiring an additional 5,712 shares in the last quarter. Covestor Ltd raised its stake in Kosmos Energy by 35,360.9% during the first quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock worth $48,000 after acquiring an additional 8,133 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in shares of Kosmos Energy during the first quarter worth $60,000. Finally, First Trust Direct Indexing L.P. bought a new stake in shares of Kosmos Energy during the fourth quarter worth $68,000. 95.33% of the stock is currently 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.