Kosmos Energy Ltd (NYSE:KOS) – Analysts at Capital One upped their Q2 2018 EPS estimates for Kosmos Energy in a research report issued on Monday, May 14th. Capital One analyst R. Tullis now forecasts that the oil and gas producer will earn $0.04 per share for the quarter, up from their previous forecast of $0.03. Capital One also issued estimates for Kosmos Energy’s Q3 2018 earnings at $0.04 EPS and FY2018 earnings at $0.07 EPS.
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KOS has been the subject of several other research reports. Zacks Investment Research downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Wednesday, April 11th. Jefferies Group downgraded shares of Kosmos Energy from a “buy” rating to a “hold” rating and set a $7.00 target price for the company. in a report on Tuesday, May 8th. Royal Bank of Canada downgraded shares of Kosmos Energy from an “outperform” rating to a “sector perform” rating in a report on Monday, February 5th. TheStreet downgraded shares of Kosmos Energy from a “c-” rating to a “d+” rating in a report on Wednesday, February 21st. Finally, Barclays set a $7.00 target price on shares of Kosmos Energy and gave the company a “hold” rating in a report on Monday, April 23rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $9.17.
Shares of KOS stock opened at $7.28 on Wednesday. The stock has a market capitalization of $2.85 billion, a PE ratio of -22.06 and a beta of 1.52. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.25 and a quick ratio of 1.03. Kosmos Energy has a one year low of $7.16 and a one year high of $7.33.
Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, May 7th. The oil and gas producer reported ($0.06) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.07. The company had revenue of $127.18 million during the quarter, compared to the consensus estimate of $125.50 million. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. The firm’s revenue for the quarter was down 16.3% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.11) earnings per share.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC grew its position in Kosmos Energy by 10.8% during the first quarter. Guggenheim Capital LLC now owns 240,307 shares of the oil and gas producer’s stock valued at $1,514,000 after buying an additional 23,341 shares during the period. A.R.T. Advisors LLC bought a new position in Kosmos Energy during the first quarter valued at about $924,000. Koch Industries Inc. bought a new position in Kosmos Energy during the first quarter valued at about $113,000. Pitcairn Co. bought a new position in Kosmos Energy during the first quarter valued at about $262,000. Finally, GSA Capital Partners LLP grew its position in Kosmos Energy by 3,804.5% during the first quarter. GSA Capital Partners LLP now owns 405,563 shares of the oil and gas producer’s stock valued at $2,555,000 after buying an additional 395,176 shares during the period. 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.