Kosmos Energy Ltd (KOS) Forecasts And Estimates For The Near Future

Kosmos Energy Ltd (NYSE:KOS) has a beta value of 2.38 and has seen 6.88 million shares traded in the last trading session. The company, currently valued at $2.67B, closed the last trade at $5.67 per share which meant it lost -$0.24 on the day or -4.06% during that session. The KOS stock price is -46.03% off its 52-week high price of $8.28 and 7.76% above the 52-week low of $5.23. The 3-month trading volume is 8.09 million shares.

Kosmos Energy Ltd (NYSE:KOS) trade information

Sporting -4.06% in the red in last session, the stock has traded in the red over the last five days, when the KOS stock price touched $5.67 or saw a rise of 5.18%. Year-to-date, Kosmos Energy Ltd shares have moved -15.50%, while the 5-day performance has seen it change -2.74%. Over the past 30 days, the shares of Kosmos Energy Ltd (NYSE:KOS) have changed -3.24%.

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 lost -22.86% over the past 6 months, with this year growth rate of -5.06%, compared to -10.80% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -6.30% and 150.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 18.10%.

2 analysts offering their estimates for the company have set an average revenue estimate of $415.1 million for the current quarter. 2 have an estimated revenue figure of $405.59 million for the next quarter concluding in Jun 2024. Year-ago sales stood $440.16 million and $273.25 million respectively for this quarter and the next, and analysts expect sales will shrink by -5.70% for the current quarter and 48.40% for the next.

Earnings growth for 2024 is a modest -0.59% while over the next 5 years, the company’s earnings are expected to increase by 23.80%.

KOS Dividends

Kosmos Energy Ltd is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.