Kosmos Energy Ltd (NYSE:KOS) has earned a consensus rating of “Buy” from the fourteen analysts that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $9.33.

A number of brokerages recently commented on KOS. ValuEngine cut Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, May 22nd. Zacks Investment Research upgraded Kosmos Energy from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research note on Wednesday, May 16th. TheStreet upgraded Kosmos Energy from a “d+” rating to a “c-” rating in a research note on Wednesday, May 16th. Barclays set a $7.00 price target on Kosmos Energy and gave the stock a “hold” rating in a research note on Wednesday, May 9th. Finally, Jefferies Financial Group upgraded Kosmos Energy from a “hold” rating to a “buy” rating and increased their price target for the stock from $5.15 to $8.62 in a research note on Monday, June 11th.

Kosmos Energy stock traded up $0.11 during trading on Friday, reaching $7.88. The company had a trading volume of 1,254,462 shares, compared to its average volume of 2,622,590. Kosmos Energy has a 52 week low of $5.15 and a 52 week high of $8.94. The stock has a market cap of $3.37 billion, a P/E ratio of -23.88 and a beta of 1.51. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.79 and a current ratio of 0.96.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, August 6th. The oil and gas producer reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.05). Kosmos Energy had a negative return on equity of 15.21% and a negative net margin of 49.78%. The company had revenue of $215.47 million during the quarter, compared to the consensus estimate of $215.07 million. During the same period in the prior year, the business posted ($0.02) earnings per share. Kosmos Energy’s revenue for the quarter was up 47.1% compared to the same quarter last year. analysts predict that Kosmos Energy will post -0.05 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC increased its stake in Kosmos Energy by 0.8% in the 2nd quarter. Janus Henderson Group PLC now owns 20,280,000 shares of the oil and gas producer’s stock worth $167,817,000 after buying an additional 152,450 shares in the last quarter. BlackRock Inc. grew its position in shares of Kosmos Energy by 11.7% during the first quarter. BlackRock Inc. now owns 17,962,978 shares of the oil and gas producer’s stock valued at $113,166,000 after purchasing an additional 1,884,072 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of Kosmos Energy by 53.1% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 16,722,490 shares of the oil and gas producer’s stock valued at $138,295,000 after purchasing an additional 5,798,740 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Kosmos Energy by 5.8% during the second quarter. Dimensional Fund Advisors LP now owns 10,721,489 shares of the oil and gas producer’s stock valued at $88,667,000 after purchasing an additional 584,978 shares in the last quarter. Finally, Millennium Management LLC grew its position in shares of Kosmos Energy by 335.9% during the first quarter. Millennium Management LLC now owns 5,225,419 shares of the oil and gas producer’s stock valued at $32,920,000 after purchasing an additional 4,026,583 shares in the last quarter. Institutional investors and hedge funds own 99.14% of the company’s stock.

About Kosmos Energy

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.

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Analyst Recommendations for Kosmos Energy (NYSE:KOS)

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