Set Your Sights On Kosmos Energy Ltd. (NYSE: KOS)’S Upside Potential


    Fidelity Management & Research Co.. has recently announced that it has increased stake in Kosmos Energy Ltd. (NYSE:KOS) by 17.31%. After grabbing 54.21 million shares, the institutional investor is now in possession of 8.0 million shares of the Energy Company. The new investment brought the stake of investor firm to 13.38% having worth around $87.27 million. Moreover, Vaughan Nelson Investment Managem.. increased its share by 1.14 million to have a control over 28.5 million shares. And BlackRock Fund Advisors raised its holdings to 9.53 million shares by acquiring 24.24 million shares or 5.98% of the stake.

    Kosmos Energy Ltd. (KOS) concluded trading on 08/27/20 at a closing price of $1.46, with 5.13 million shares of worth about $7.48 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -8.75% during that period and on Thursday the price saw a gain of about 2.10%. Currently the company’s common shares owned by public are about 405.20M shares, out of which, 384.40M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 13 analysts are covering the KOS stock and their offered price forecasts bring an average price target of $2.70. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4.50 and could fall to a lowest price of $1.40. Analysts also issued an outlook of 2.40 for the Kosmos Energy Ltd. stock for next 12 months. However, touching the estimated high of $4.50 would mean a gain of 67.56% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 36 times over the past 12 months. They bought 1,804,882 shares in 20 of the transactions. In 16 selling transactions, insiders dumped 414,445 shares.

    BlackRock Global Funds – World En, Fidelity Series Large Cap Stock F, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in Kosmos Energy Ltd. BlackRock Global Funds – World En is currently holding 10.56 million shares of worth totaling $17.01 million. The company recently came buying 1.53 million shares which brought its stake up to 2.61% of the company’s outstanding shares. Fidelity Series Large Cap Stock F bought 0.82 million shares, after which its hold over company’s outstanding shares expand to 2.36%, leaving 9.57 million shares with the mutual fund that have a worth of about $15.41 million. iShares Russell 2000 ETF, after selling 8.27 million shares, have now control over 2.04% of the stake in the company. It holds -0.39 million shares of worth $13.31 million.

    Kosmos Energy Ltd. (NYSE: KOS) started trading at $1.47, above $0.04 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $1.46, or with a gain of 2.10%. Stock saw a price change of -8.75% in past 5 days and over the past one month there was a price change of -12.57%. Year-to-date (YTD), KOS shares are showing a performance of -74.39% which decreased to -75.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.50 but also hit the highest price of $7.55 during that period. While comparing its average daily trading volume of 10.07 million shares, we see that about 5.13 million changed hands on the day. The stock is currently trading -8.86% below its 20-day simple moving average (SMA20), while that difference is down -12.78% for SMA50 and it goes to -53.40% lower than SMA200.

    Fidelity Management & Research Co.. acquired 54.21 million shares of Kosmos Energy Ltd. having value of about $87.27 million. Data submitted at the U.S SEC by Fidelity Management & Research Co.. revealed that the firm now holds 8.0 million shares in the company valued at close to $11675790.82, or have control over 17.31% stake in the company. Kosmos Energy Ltd. (NYSE: KOS) currently have 405.20M outstanding shares and institutions hold larger chunk of about 88.60% of that. Holding of mutual funds in the company is about 32.82% while other institutional holders and individual stake holders have control over 54.82% and 15.02% of the stake respectively.

    The stock has a current market capitalization of $627.22M and its 3Y-monthly beta is at 3.52. It has posted earnings per share of -$0.99 in the same period. It has Quick Ratio of 0.80 while making debt-to-equity ratio of 4.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KOS, volatility over the week remained 7.40% while standing at 7.52% over the month.

    Analysts are in expectations that Kosmos Energy Ltd. (KOS) stock would likely to be making an EPS of -$0.17 in the current quarter, while forecast for next quarter ESPS is -$0.16 and it is -$0.3 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.31 which is -$0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 40.20% while it is estimated to increase by 56.00% in next year. EPS is likely to grow at an annualized rate of 23.80% for next 5-years, compared to annual growth of -17.00% made by the stock over the past 5-years.

    Analysts at 13 brokerage firms have issued recommendations for the Kosmos Energy Ltd. (KOS)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.40. Out of those 13 Wall Street analysts, 5 recommended a “Buy” rating, while 8 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

    Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on May 14, 2020 offering a Neutral rating for the stock and assigned a target price of to it. Coverage by RBC Capital Mkts stated Kosmos Energy Ltd. (KOS) stock as a Sector perform in their note to investors on May 13, 2020, suggesting a price target of for the stock. On April 21, 2020, Investec Downgrade their recommendations, while on April 01, 2020, Barclays Downgrade their ratings for the stock with a price target of. Stock get a Mkt perform rating from Raymond James on March 17, 2020.


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