Stock analysts at Macquarie, assumed coverage of shares of Kosmos Energy Ltd. (NYSE:KOS) with Outperform recommendation, according to their opinion released on May 01. Bernstein analysts bumped their recommendation on KOS stock from prior rating of Mkt Perform to Outperform in a separate flash note to investors on January 04. Analysts at Exane BNP Paribas downgraded the company stock to a Neutral call from its previous Outperform stance, in a flash note that dated back to December 10.
Let’s take a glimpse at some insider activity at Kosmos Energy Ltd. (NYSE:KOS) and observe the pattern. The earliest insider trade happened on 03/01/2019. WARBURG PINCUS & CO. parted with a total of 81.5 million shares of the firm at average share price of $6.51. The total amount for the sale was set at $530.6 million. On completing this exchange, the Director account balance was 15.06 million shares. The stock lost -19.05 percent from that insider sale. On 02/27/2019, BCP IV GP L.L.C., 10% Owner, did a sale of 22.5 million shares at a price of $6.51 per share. This got rid of 146.48 million shares from the insider’s fortune and the stock experienced a -19.05 percent retreat in price since the news became public. This exchange saw 74.08 thousand shares get out from the 10% Owner account. On 02/27/2019, 10% Owner Blackstone Holdings III L.P. recorded a sale transaction valued at $146.48 million. The sale at $6.51 a share has eliminated 22.5 million shares from the insider’s portfolio position. Meanwhile, shares price witnessed -19.05 percent decrease since the transaction reporting date. The company insider is left with 74.08 thousand shares remaining in the account. WARBURG PINCUS & CO., who works as Director, 10% Owner at the company, performed a sale of 155 million shares in a transaction worth $837 million. The disposal recorded on 11/26/2018 was priced at $5.4 per share. The stock price plunged -2.41 percent since the transaction. WARBURG PINCUS & CO. currently holds a stake of 83.24 million in KOS stock which is worth $466.97 million after the insider selling.
Kosmos Energy Ltd. (KOS) is most likely going to rise 54.9 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $11 as 12-month high price target. This represents a whopping 96.08 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $8.5, which means a return possibility of 51.52 percent in comparison with the closing price of the stock of $5.61 in recent trading session. The lowest price set for the stock is $7 which is just above 24.78 percent from KOS share’s price at the end of session.
The stock is lingering around the initial support level of $5.13. After this, the following support is at the zone of $5.01. Up until the time the KOS stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 44.55 on the daily chart, and this may be a cause for concern. In case the price goes below $5.01 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $5.35 level may cause a pull-back move approaching $5.45 mark.
In the recent trading session, Kosmos Energy Ltd. (NYSE:KOS) shares gained 7.06% or 0.37 points to reach at $5.61 with a thin trading volume of 1.323 million shares. It opened the trading session at $5.2, the shares rose to $5.34 and dropped to $5.12, the range by which the price of stock traded the whole session. The company now has a market cap of $2.24 billion and currently has 427.44 million outstanding shares. Kosmos Energy Ltd. (KOS) stock has plunged -12.37 percent of market value in 21 trading days.
KOS stock’s trailing 3-year beta is 2.03, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $0.39 share in the trailing 52 weeks. The stock’s value fallen -8.07 percent year to date (YTD) compared to a decline of -1.32 percent in 52 week’s period. The firm’s shares are still trading -25.7 percent below its 1-year high of $7.55 and 26.64 percent up from 52-week low of $4.43. The average consensus ranking on the company is 1.7, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Kosmos Energy Ltd. (KOS) shares are trading at a P/E ratio of 12.5 times earnings posted in the trailing 12 months. The industry KOS deals with has an average P/E of 11.66. Its P/B ratio is standing at 2.35X compared to the 3.77 industry average. It is additionally sporting a 1.85 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0. Kosmos Energy Ltd. has a 74.9% gross profit margin, with its operating margin around 14.3%. Alongside this, the company’s net profit margin currently stands at 12.3%.
Past records have indicated that shares in Kosmos Energy Ltd. rose on 20 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of KOS’s Q4 earnings on February 24. Analysts are predicting revenue to climb 27.1 percent to $393M in the financial fourth quarter, while EPS will soar by about 0 percent to -$0.09 per share. In the last quarter, it’s earnings of $0.04 per share came better than the -$0.0725, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $309.5M, missing the $332.55M analysts had expected. Earnings are seen to rise by 56.2 percent this year, 0 percent in the coming year and the trend continues by 23.8 percent every year in the next 5 years.