Kosmos Energy (NYSE:KOS) announced its earnings results on Sunday. The oil and gas producer reported ($0.12) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.02, MarketWatch Earnings reports. Kosmos Energy had a negative return on equity of 41.86% and a negative net margin of 45.99%.
Shares of KOS stock traded up $0.10 on Tuesday, hitting $2.92. 233,671 shares of the stock were exchanged, compared to its average volume of 7,645,410. The company has a current ratio of 1.05, a quick ratio of 0.80 and a debt-to-equity ratio of 5.15. The firm has a market capitalization of $1.18 billion, a PE ratio of -2.46 and a beta of 3.77. Kosmos Energy has a one year low of $0.50 and a one year high of $4.79. The firm’s 50 day moving average is $2.70 and its two-hundred day moving average is $1.82.
KOS has been the topic of several analyst reports. The Goldman Sachs Group upgraded Kosmos Energy from a “neutral” rating to a “buy” rating and upped their target price for the company from $2.40 to $4.50 in a report on Tuesday. Zacks Investment Research lowered Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Thursday, February 18th. Berenberg Bank reaffirmed a “buy” rating on shares of Kosmos Energy in a research report on Wednesday, December 9th. Panmure Gordon initiated coverage on Kosmos Energy in a research report on Wednesday, December 16th. They set a “buy” rating and a $2.89 target price on the stock. Finally, Renaissance Capital lowered Kosmos Energy from a “buy” rating to a “hold” rating and set a $2.30 target price on the stock. in a research report on Wednesday, December 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Kosmos Energy has an average rating of “Hold” and an average price target of $2.78.
Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company's primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal.
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