Kosmos Energy (NYSE:KOS) Downgraded to “Sell” Rating by StockNews.com

Kosmos Energy (NYSE:KOS) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

Several other equities analysts have also recently weighed in on KOS. Sanford C. Bernstein lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark reduced their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Mizuho lowered their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.52.

Kosmos Energy Trading Down 8.2 %

Shares of NYSE:KOS traded down $0.24 during midday trading on Tuesday, reaching $2.65. The company had a trading volume of 15,940,020 shares, compared to its average volume of 7,944,109. The company has a fifty day simple moving average of $3.34 and a two-hundred day simple moving average of $3.85. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 6.01, a price-to-earnings-growth ratio of 5.24 and a beta of 2.41. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $6.58. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. Research analysts predict that Kosmos Energy will post 0.42 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Ronald W. Glass sold 16,182 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,487.84. Following the completion of the sale, the chief accounting officer now directly owns 320,231 shares in the company, valued at approximately $999,120.72. This represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Josh R. Marion sold 16,144 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,369.28. Following the transaction, the senior vice president now owns 172,057 shares in the company, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock valued at $1,572,386 in the last three months. Insiders own 2.02% of the company’s stock.

Institutional Trading of Kosmos Energy

Several large investors have recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Kosmos Energy in the 3rd quarter valued at approximately $28,000. VSM Wealth Advisory LLC acquired a new position in Kosmos Energy during the fourth quarter valued at approximately $34,000. Disciplined Investors L.L.C. acquired a new position in Kosmos Energy during the fourth quarter valued at approximately $36,000. CTC Alternative Strategies Ltd. bought a new position in shares of Kosmos Energy in the third quarter valued at approximately $43,000. Finally, Sapient Capital LLC acquired a new stake in shares of Kosmos Energy in the fourth quarter worth $37,000. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.