Kosmos Energy Ltd (NYSE: KOS) Stock: Can It Change The Game?

In today’s recent session, 1.29 million shares of the Kosmos Energy Ltd (NYSE:KOS) have been traded, and its beta is 2.45. Most recently the company’s share price was $3.94, and it changed around -$0.1 or -2.35% from the last close, which brings the market valuation of the company to $1.86B. KOS at last check was trading at a discount to its 52-week high of $7.20, offering almost -82.74% off that amount. The share price’s 52-week low was $3.49, which indicates that the recent value has risen by an impressive 11.42% since then. We note from Kosmos Energy Ltd’s average daily trading volume that its 10-day average is 10.81 million shares, with the 3-month average coming to 7.89 million.

Kosmos Energy Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended KOS as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Kosmos Energy Ltd is expected to report earnings per share of 0.01 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Kosmos Energy Ltd (NYSE:KOS) trade information

Instantly KOS has been showing red trend so far today with a performance of -2.35% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.22 on recent trading dayincreased the stock’s daily price by 6.64%. The company’s shares are currently down -41.21% year-to-date, but still up 2.47% over the last five days. On the other hand, Kosmos Energy Ltd (NYSE:KOS) is -6.96% down in the 30-day period. We can see from the shorts that 43.82 million shares have been sold at a short interest cover period of 5.93 day(s).

The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 50.75% from its current value. Analyst projections state that KOS is forecast to be at a low of $5 and a high of $11.

Kosmos Energy Ltd (KOS) estimates and forecasts

Kosmos Energy Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -36.27 percent over the past six months and at a -43.04% annual growth rate that is well below the industry average of -0.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -95.70% in revenue this quarter, and will report a decrease of -64.29% in the next quarter. The year-over-year growth rate is expected to be 2.08%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 409.08M in revenue for the current quarter. 2 analysts expect Kosmos Energy Ltd to make 451.57M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 507.81M and 419.14M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -19.44%. Forecasts for the next quarter put sales growth at 7.74%.

Kosmos Energy Ltd earnings are expected to increase by -36.83% in 2024, but the outlook is positive 23.80% per year for the next five years.

KOS Dividends

Kosmos Energy Ltd’s next quarterly earnings report is expected to be released on 2025-Feb-24.

Kosmos Energy Ltd (NYSE:KOS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.11% of Kosmos Energy Ltd shares, and 98.44% of them are in the hands of institutional investors. The stock currently has a share float of 100.57%. Kosmos Energy Ltd stock is held by 383.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 10.1315% of the shares, which is about 47.42 million shares worth $262.71 million.

FMR LLC, with 8.3099% or 38.89 million shares worth $215.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.