Kosmos Energy (NYSE:KOS) Earns Neutral Rating from Analysts at Mizuho

Mizuho began coverage on shares of Kosmos Energy (NYSE:KOS) in a report issued on Thursday, MarketBeat.com reports. The firm issued a neutral rating and a $5.00 price target on the oil and gas producer’s stock.

KOS has been the topic of several other reports. Benchmark reaffirmed a buy rating and issued a $8.00 price objective on shares of Kosmos Energy in a research note on Tuesday, August 6th. Sanford C. Bernstein decreased their price objective on shares of Kosmos Energy from $7.00 to $5.00 and set a market perform rating for the company in a research note on Wednesday, July 17th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average target price of $7.97.

Kosmos Energy Price Performance

KOS opened at $4.26 on Thursday. Kosmos Energy has a 1 year low of $3.75 and a 1 year high of $8.28. The company’s 50 day simple moving average is $4.85 and its 200 day simple moving average is $5.46. The stock has a market capitalization of $2.01 billion, a PE ratio of 9.26, a P/E/G ratio of 0.53 and a beta of 2.42. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.50 and a current ratio of 0.73.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). The company had revenue of $450.94 million during the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. As a group, sell-side analysts expect that Kosmos Energy will post 0.42 EPS for the current year.

Institutional Trading of Kosmos Energy

Large investors have recently bought and sold shares of the company. Hsbc Holdings PLC boosted its holdings in Kosmos Energy by 3.0% in the second quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock valued at $399,000 after purchasing an additional 2,055 shares during the last quarter. Woodmont Investment Counsel LLC boosted its stake in shares of Kosmos Energy by 1.3% during the 1st quarter. Woodmont Investment Counsel LLC now owns 218,818 shares of the oil and gas producer’s stock valued at $1,304,000 after buying an additional 2,888 shares during the last quarter. CWM LLC grew its position in shares of Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 2,969 shares in the last quarter. Comerica Bank increased its stake in shares of Kosmos Energy by 27.1% in the first quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock worth $118,000 after buying an additional 4,213 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Kosmos Energy by 0.3% in the second quarter. Renaissance Technologies LLC now owns 1,462,835 shares of the oil and gas producer’s stock valued at $8,104,000 after acquiring an additional 4,395 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

About Kosmos Energy

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.