Kosmos Energy Ltd (NYSE:KOS)’s traded shares stood at 4.89 million during the last session, with the company’s beta value hitting 2.45. At the close of trading, the stock’s price was $3.13, to imply an increase of 0.97% or $0.03 in intraday trading. The KOS share’s 52-week high remains $7.07, putting it -125.88% down since that peak but still an impressive 16.29% since price per share fell to its 52-week low of $2.62. The company has a valuation of $1.48B, with an average of 18.71 million shares in intraday trading volume over the past 10 days and average of 9.63 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Kosmos Energy Ltd (KOS), translating to a mean rating of 1.55. Of 1 analyst(s) looking at the stock, 0 analyst(s) give KOS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.0.
Kosmos Energy Ltd (NYSE:KOS) trade information
After registering a 0.97% upside in the last session, Kosmos Energy Ltd (KOS) has traded red over the past five days. The 5-day price performance for the stock is -1.26%, and -20.76% over 30 days. With these gigs, the year-to-date price performance is -53.35%. Short interest in Kosmos Energy Ltd (NYSE:KOS) saw shorts transact 37.33 million shares and set a 4.61 days time to cover.
The extremes give us $5 and $5.6 for target low and target high price respectively. As such, KOS has been trading -78.91% off suggested target high and -59.74% from its likely low.
Kosmos Energy Ltd (KOS) estimates and forecasts
Looking at statistics comparing Kosmos Energy Ltd share performance against respective industry, we note that the company has underperformed competitors. Kosmos Energy Ltd (KOS) shares are -43.50% down over the last 6 months, with its year-to-date growth rate lower than industry average at -46.84% against -8.00%. The rating firms project that company’s revenue will grow 1.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 416.02M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 441.58M.Earnings reports from the last fiscal year show that sales brought in 507.81M and 419.14M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -18.07% before jumping 5.35% in the following quarter.
KOS Dividends
Kosmos Energy Ltd has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Kosmos Energy Ltd (NYSE:KOS)’s Major holders
Kosmos Energy Ltd insiders hold 2.11% of total outstanding shares, with institutional holders owning 101.75% of the shares at 103.95% float percentage. In total, 101.75% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 47.42 million shares (or 10.1315% of shares), all amounting to roughly $262.71 million.
The next major institution holding the largest number of shares is FMR LLC with 38.89 million shares, or about 8.3099% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $215.47 million.
