In the latest trading session, 1.67 million Kosmos Energy Ltd (NYSE:KOS) shares changed hands as the company’s beta touched 2.31. With the company’s most recent per share price at $3.14 changing hands around $0.02 or 0.80% at last look, the market valuation stands at $1.48B. KOS’s current price is a discount, trading about -109.55% off its 52-week high of $6.58. The share price had its 52-week low at $2.62, which suggests the last value was 16.56% up since then. When we look at Kosmos Energy Ltd’s average trading volume, we note the 10-day average is 7.35 million shares, with the 3-month average coming to 9.49 million.
Analysts gave the Kosmos Energy Ltd (KOS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended KOS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Kosmos Energy Ltd’s EPS for the current quarter is expected to be -0.01.
Kosmos Energy Ltd (NYSE:KOS) trade information
Instantly KOS is in green as seen in intraday trades today. With action -2.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -8.04%, with the 5-day performance at -2.93% in the red. However, in the 30-day time frame, Kosmos Energy Ltd (NYSE:KOS) is -15.46% down. Looking at the short shares, we see there were 40.58 million shares sold at short interest cover period of 3.52 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.3, meaning bulls need an upside of 40.75% from its recent market value. According to analyst projections, KOS’s forecast low is 5 with 5.6 as the target high. To hit the forecast high, the stock’s price needs a -78.34% plunge from its current level, while the stock would need to soar -59.24% for it to hit the projected low.
Kosmos Energy Ltd (KOS) estimates and forecasts
Data shows that the Kosmos Energy Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -35.69% over the past 6 months, a -46.84% in annual growth rate that is considerably lower than the industry average of -8.30%. Year-over-year growth is forecast to reach 1.34% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 388.22M. 3 analysts are of the opinion that Kosmos Energy Ltd’s revenue for the current quarter will be 406.55M. The company’s revenue for the corresponding quarters a year ago was 507.81M and 419.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -23.55%. The estimates for the next quarter sales put growth at -3.00%.
The 2025 estimates are for Kosmos Energy Ltd earnings to decrease by -36.45%, but the outlook for the next 5-year period is at -9.88% per year.
KOS Dividends
Kosmos Energy Ltd is expected to release its next quarterly earnings report in March.
Kosmos Energy Ltd (NYSE:KOS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.11% of Kosmos Energy Ltd shares while 99.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.66%. There are 99.51% institutions holding the Kosmos Energy Ltd stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 10.1315% of the shares, roughly 47.42 million KOS shares worth $262.71 million.
FMR LLC holds the second largest percentage of outstanding shares, with 8.3099% or 38.89 million shares worth $215.47 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were GMO Resources Fund and iShares Russell 2000 ETF. With 22.74 shares estimated at $71.52 million under it, the former controlled 4.82% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.78% of the shares, roughly 13.1 shares worth around $41.18 million.
