ValuEngine lowered shares of Kosmos Energy (NYSE:KOS) from a hold rating to a sell rating in a report released on Friday morning.

Other equities research analysts have also issued research reports about the stock. TheStreet upgraded shares of Kosmos Energy from a d+ rating to a c- rating in a research note on Friday, October 6th. BNP Paribas started coverage on shares of Kosmos Energy in a research note on Friday, November 24th. They set an outperform rating for the company. Scotiabank upgraded shares of Kosmos Energy from a sector perform rating to a buy rating in a research note on Thursday, October 26th. Bank of America upgraded shares of Kosmos Energy from a neutral rating to a buy rating in a research note on Wednesday, January 24th. Finally, Goldman Sachs Group restated a neutral rating and set a $9.00 price target on shares of Kosmos Energy in a research note on Thursday, December 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of $9.45.

Shares of Kosmos Energy (NYSE:KOS) opened at $6.66 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.66 and a quick ratio of 1.39. Kosmos Energy has a one year low of $5.53 and a one year high of $8.62.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.03). The firm had revenue of $151.20 million during the quarter, compared to analysts’ expectations of $149.10 million. Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The company’s quarterly revenue was up 126.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.09) EPS. equities analysts forecast that Kosmos Energy will post -0.33 EPS for the current fiscal year.

In related news, Director Yves-Louis Darricarrere sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $8.57, for a total value of $119,980.00. Following the completion of the transaction, the director now directly owns 65,191 shares of the company’s stock, valued at approximately $558,686.87. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.80% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue bought a new position in Kosmos Energy in the 4th quarter worth approximately $114,000. Quantitative Systematic Strategies LLC bought a new position in Kosmos Energy in the 3rd quarter worth approximately $118,000. QS Investors LLC boosted its holdings in Kosmos Energy by 192.3% in the 2nd quarter. QS Investors LLC now owns 22,800 shares of the oil and gas producer’s stock worth $146,000 after buying an additional 15,000 shares during the period. JPMorgan Chase & Co. boosted its holdings 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 worth $169,000 after buying an additional 7,144 shares during the period. Finally, Susquehanna International Group LLP bought a new position in Kosmos Energy in the 2nd quarter worth approximately $194,000.

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About Kosmos Energy

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Kosmos Energy (NYSE:KOS)

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