Kosmos Energy (NYSE:KOS) Research Coverage Started at Mizuho

Stock analysts at Mizuho started coverage on shares of Kosmos Energy (NYSE:KOS) in a research note issued to investors on Thursday, Briefing.com reports. The brokerage set a “neutral” rating and a $5.00 price target on the oil and gas producer’s stock. Mizuho’s price target indicates a potential upside of 16.69% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the company. Benchmark restated a “buy” rating and set a $8.00 price objective on shares of Kosmos Energy in a research report on Tuesday, August 6th. Sanford C. Bernstein decreased their price target on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a report on Wednesday, July 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $7.97.

Kosmos Energy Stock Down 1.9 %

NYSE KOS opened at $4.29 on Thursday. The stock has a 50 day moving average price of $4.90 and a 200-day moving average price of $5.48. Kosmos Energy has a one year low of $3.75 and a one year high of $8.28. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.50 and a current ratio of 0.73. The company has a market capitalization of $2.02 billion, a P/E ratio of 9.32, a P/E/G ratio of 0.53 and a beta of 2.42.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. The business had revenue of $450.94 million during the quarter. As a group, equities analysts predict that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of KOS. Rothschild Investment LLC purchased a new stake in shares of Kosmos Energy in the second quarter worth approximately $26,000. CWM LLC increased its stake in Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after purchasing an additional 2,969 shares during the period. TFO Wealth Partners LLC lifted its position in shares of 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 purchasing an additional 5,712 shares during the last quarter. Covestor Ltd boosted its stake in shares of 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 valued at $48,000 after purchasing an additional 8,133 shares during the period. Finally, Moloney Securities Asset Management LLC bought a new position in shares of Kosmos Energy in the first quarter worth about $60,000. Hedge funds and other institutional investors 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.