Kosmos Energy Ltd. (NYSE:KOS) has earned a consensus rating of “Buy” from the seventeen research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $10.13.

KOS has been the subject of a number of research analyst reports. Royal Bank of Canada set a $15.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a research note on Friday, October 27th. Scotiabank upgraded shares of Kosmos Energy from a “sector perform” rating to a “buy” rating in a research note on Thursday, October 26th. BMO Capital Markets set a $11.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a research note on Tuesday, October 24th. TheStreet upgraded shares of Kosmos Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 6th. Finally, Barclays lifted their target price on shares of Kosmos Energy from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 11th.

In related news, Director Yves-Louis Darricarrere sold 14,000 shares of the business’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 owns 65,191 shares in the company, valued at approximately $558,686.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.80% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KOS. Capital World Investors grew its holdings in Kosmos Energy by 211.1% during the 2nd quarter. Capital World Investors now owns 12,166,289 shares of the oil and gas producer’s stock worth $77,986,000 after acquiring an additional 8,255,929 shares during the period. Janus Henderson Group PLC acquired a new stake in Kosmos Energy during the 2nd quarter worth $34,877,000. Capital Research Global Investors grew its holdings in Kosmos Energy by 15.9% during the 2nd quarter. Capital Research Global Investors now owns 30,153,256 shares of the oil and gas producer’s stock worth $193,282,000 after acquiring an additional 4,130,107 shares during the period. Prudential PLC grew its holdings in Kosmos Energy by 17.4% during the 2nd quarter. Prudential PLC now owns 13,751,861 shares of the oil and gas producer’s stock worth $88,149,000 after acquiring an additional 2,036,371 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Kosmos Energy by 32.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,108,820 shares of the oil and gas producer’s stock worth $45,566,000 after acquiring an additional 1,755,918 shares during the period.

Kosmos Energy (NYSE:KOS) traded up $0.13 during midday trading on Monday, reaching $7.84. The company’s stock had a trading volume of 1,951,832 shares, compared to its average volume of 2,536,399. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.39 and a current ratio of 1.66. Kosmos Energy has a 12 month low of $5.52 and a 12 month high of $8.62.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The company had revenue of $151.20 million for the quarter, compared to analyst estimates of $149.10 million. During the same period in the previous year, the firm posted ($0.09) earnings per share. The firm’s revenue for the quarter was up 126.9% compared to the same quarter last year. sell-side analysts predict that Kosmos Energy will post -0.34 EPS for the current year.

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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.

Analyst Recommendations for Kosmos Energy (NYSE:KOS)

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