Kosmos Energy Ltd. (NYSE:KOS) has a beta value of 3.39 and has seen 12,813,243 shares traded in the last trading session. The company, currently valued at $409.46 Million, closed the last trade at $1.01 per share which meant it lost -$0.01 on the day or -0.98% during that session. The KOS stock price is -647.53% off its 52-week high price of $7.55 and 50.5% above the 52-week low of $0.5. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.09 Million shares traded. The 3-month trading volume is 9.22 Million shares.
The consensus among analysts is that Kosmos Energy Ltd. (KOS) is an Overweight stock at the moment, with a recommendation rating of 2.4. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 7 out of 12 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.17.
Kosmos Energy Ltd. (NYSE:KOS) trade information
Despite being -0.98% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Sep 09 when the KOS stock price touched $1.27 or saw a rise of 20.47%. Year-to-date, Kosmos Energy Ltd. shares have moved -82.28%, while the 5-day performance has seen it change -16.53%. Over the past 30 days, the shares of Kosmos Energy Ltd. (NYSE:KOS) have changed -42.61%. Short interest in the company has seen 27.34 Million shares shorted with days to cover at 2.97.
Wall Street analysts have a consensus price target for the stock at $2.56, which means that the shares’ value could jump 153.47% from current levels. The projected low price target is $1.3 while the price target rests at a high of $4.5. In that case, then, we find that the current price level is +345.54% off the targeted high while a plunge would see the stock lose 28.71% from current levels.
Kosmos Energy Ltd. (KOS) estimates and forecasts
Figures show that Kosmos Energy Ltd. shares have outperformed across the wider relevant industry. The company’s shares have gained +51.02% over the past 6 months, with this year growth rate of 1080%, compared to 10.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -525% and -55.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be -45.8%.
4 analysts offering their estimates for the company have set an average revenue estimate of $228.63 Million for the current quarter. 4 have an estimated revenue figure of $256.86 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $356.97 Million and $460.21 Million respectively for this quarter and the next, and analysts expect sales will grow by -36% for the current quarter and -44.2% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -17% over the past 5 years. Earnings growth for 2020 is a modest +40.2% while over the next 5 years, the company’s earnings are expected to increase by 23.8%.
Kosmos Energy Ltd. is expected to release its next earnings report between November 02 and November 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.18 at a share yield of 16.14%.
Kosmos Energy Ltd. (NYSE:KOS)’s Major holders
Insiders own 4.64% of the company shares, while shares held by institutions stand at 98.77% with a share float percentage of 103.58%. Investors are also buoyed by the number of investors in a company, with Kosmos Energy Ltd. having a total of 279 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 60.78 Million shares worth more than $100.89 Million. As of June 29, 2020, FMR, LLC held 14.99% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 43.49 Million shares as of June 29, 2020. The firm’s total holdings are worth over $72.19 Million and represent 10.73% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Large Cap Stock Fund and iShares Russell 2000 ETF. As of June 29, 2020, the former fund manager holds about 2.36% shares in the company for having 9570571 shares of worth $15.89 Million while later fund manager owns 8.3 Million shares of worth $13.78 Million as of June 29, 2020, which makes it owner of about 2.05% of company’s outstanding stock.