The price of Kosmos Energy Ltd (NYSE: KOS) closed at $6.05 in the last session, up 0.83% from day before closing price of $6.00. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 9779360 shares were traded.
Ratios:
We take a closer look at KOS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 2.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on November 20, 2023, initiated with a Buy rating and assigned the stock a target price of $10.
On October 17, 2023, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $12 to $9.
BofA Securities Upgraded its Neutral to Buy on September 27, 2023, whereas the target price for the stock was revised from $8.70 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 06 ’24 when INGLIS ANDREW G sold 177,430 shares for $5.66 per share. The transaction valued at 1,003,917 led to the insider holds 3,376,816 shares of the business.
Ball Christopher James sold 121,915 shares of KOS for $689,807 on Feb 06 ’24. The SVP, Chief Commercial Officer now owns 1,409,244 shares after completing the transaction at $5.66 per share. On Feb 06 ’24, another insider, Shah Nealesh D., who serves as the SVP and CFO of the company, sold 90,454 shares for $5.66 each. As a result, the insider received 511,798 and left with 1,230,830 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KOS now has a Market Capitalization of 2.85B and an Enterprise Value of 5.15B. As of this moment, Kosmos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.61, and their Forward P/E ratio for the next fiscal year is 6.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 3.03 whereas that against EBITDA is 5.53.
Stock Price History:
Over the past 52 weeks, KOS has reached a high of $8.28, while it has fallen to a 52-week low of $5.23. The 50-Day Moving Average of the stock is 5.96, while the 200-Day Moving Average is calculated to be 6.68.
Shares Statistics:
According to the various share statistics, KOS traded on average about 6.69M shares per day over the past 3-months and 8.42M shares per day over the past 10 days. A total of 471.50M shares are outstanding, with a floating share count of 460.82M. Insiders hold about 2.26% of the company’s shares, while institutions hold 95.37% stake in the company. Shares short for KOS as of Feb 29, 2024 were 25.82M with a Short Ratio of 3.86, compared to 23.95M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.48% and a Short% of Float of 6.54%.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.11, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.13, with high estimates of $0.2 and low estimates of $0.07.
Analysts are recommending an EPS of between $2.15 and $0.39 for the fiscal current year, implying an average EPS of $0.95. EPS for the following year is $1.03, with 7 analysts recommending between $2.07 and $0.35.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $415.1M. It ranges from a high estimate of $416.65M to a low estimate of $413.56M. As of the current estimate, Kosmos Energy Ltd’s year-ago sales were $440.16M, an estimated decrease of -5.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $405.59M, an increase of 48.40% over than the figure of -$5.70% in the same quarter last year. There is a high estimate of $492.75M for the next quarter, whereas the lowest estimate is $318.43M.
A total of 9 analysts have provided revenue estimates for KOS’s current fiscal year. The highest revenue estimate was $2.26B, while the lowest revenue estimate was $1.74B, resulting in an average revenue estimate of $2.01B. In the same quarter a year ago, actual revenue was $1.7B, up 18.30% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.17B in the next fiscal year. The high estimate is $2.55B and the low estimate is $1.92B. The average revenue growth estimate for next year is up 7.90% from the average revenue estimate for this year.
