ValuEngine upgraded shares of Kosmos Energy (NYSE:KOS) from a sell rating to a hold rating in a research report sent to investors on Friday.

Several other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded Kosmos Energy from a hold rating to a sell rating in a research report on Wednesday, April 11th. Jefferies Group raised Kosmos Energy from a hold rating to a buy rating and set a $7.00 target price on the stock in a research report on Tuesday, March 13th. BMO Capital Markets set a $10.00 target price on Kosmos Energy and gave the company a buy rating in a research report on Monday, February 26th. TheStreet downgraded Kosmos Energy from a c- rating to a d+ rating in a research report on Wednesday, February 21st. Finally, Royal Bank of Canada downgraded Kosmos Energy from an outperform rating to a sector perform rating in a research report on Monday, February 5th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Kosmos Energy currently has an average rating of Hold and an average price target of $9.36.

How to Become a New Pot Stock Millionaire

NYSE KOS opened at $6.63 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.08 and a current ratio of 1.24. Kosmos Energy has a 1 year low of $5.15 and a 1 year high of $8.62. The firm has a market capitalization of $2,639.36, a P/E ratio of -20.09 and a beta of 1.52.

Kosmos Energy (NYSE:KOS) last released its earnings results on Monday, February 26th. The oil and gas producer reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.01. Kosmos Energy had a negative return on equity of 12.49% and a negative net margin of 34.98%. The firm had revenue of $187.10 million for the quarter, compared to the consensus estimate of $182.28 million. During the same period in the prior year, the firm earned ($0.01) EPS. The firm’s revenue was down 11.3% on a year-over-year basis. analysts expect that Kosmos Energy will post -0.14 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue acquired a new stake in Kosmos Energy during the 4th quarter worth about $114,000. JPMorgan Chase & Co. grew its position in Kosmos Energy by 51.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,144 shares of the oil and gas producer’s stock worth $169,000 after purchasing an additional 7,144 shares during the period. HBK Investments L P acquired a new stake in Kosmos Energy during the 4th quarter worth about $201,000. Virtu Financial LLC acquired a new stake in Kosmos Energy during the 4th quarter worth about $204,000. Finally, Macquarie Group Ltd. acquired a new stake in Kosmos Energy during the 3rd quarter worth about $214,000. 98.68% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “Kosmos Energy (KOS) Upgraded by ValuEngine to “Hold”” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at https://www.dailypolitical.com/2018/04/16/kosmos-energy-kos-upgraded-by-valuengine-to-hold.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Kosmos Energy (NYSE:KOS)

Receive News & Ratings for Kosmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.