Kosmos Energy Ltd (KOS) concluded trading on Wednesday at a closing price of $5.95, with 5.63 million shares of worth about $33.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.49% during that period and on Wednesday the price saw a gain of about 3.48%. Currently the company’s common shares owned by public are about 455.90M shares, out of which, 449.45M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 21 times over the past 12 months. They bought 194,176 shares in 13 of the transactions. In 8 selling transactions, insiders dumped 240,484 shares.
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However, the stock later moved at a day high price of 5.99, or with a gain of 3.48%. Stock saw a price change of 7.40% in past 5 days and over the past one month there was a price change of -4.80%. Year-to-date (YTD), KOS shares are showing a performance of -11.33% which decreased to -20.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.28 but also hit the highest price of $8.55 during that period. The average intraday trading volume for Kosmos Energy Ltd shares is 4.77 million. The stock is currently trading 0.79% above its 20-day simple moving average (SMA20), while that difference is down -5.74% for SMA50 and it goes to -11.51% lower than SMA200.
Kosmos Energy Ltd (NYSE: KOS) currently have 455.90M outstanding shares and institutions hold larger chunk of about 96.57% of that.
The stock has a current market capitalization of $2.74B and its 3Y-monthly beta is at 2.41. PE ratio of stock for trailing 12 months is 39.96, while it has posted earnings per share of $0.15 in the same period. Its PEG reads 1.68 and has Quick Ratio of 0.54 while making debt-to-equity ratio of 2.39. 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 3.78% while standing at 4.28% over the month.
Analysts are in expectations that Kosmos Energy Ltd (KOS) stock would likely to be making an EPS of $0.23 in the current quarter, while forecast for next quarter EPS is $0.13 and it is $0.93 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.2 which is $0.27 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 $0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -34.33% while it is estimated to increase by 42.86% in next year.
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 Stifel on November 20, 2023 offering a Buy rating for the stock and assigned a target price of $10 to it. Coverage by Bernstein stated Kosmos Energy Ltd (KOS) stock as a Mkt perform in their note to investors on October 17, 2023, suggesting a price target of $9 for the stock. On September 27, 2023, BofA Securities Upgrade their recommendations, while on July 20, 2023, Redburn Initiated their ratings for the stock with a price target of $9. Stock get a Add rating from Peel Hunt on March 10, 2023.
