Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Kosmos Energy Ltd (NYSE: KOS) closed at $5.59 in the last session, down -1.41% from day before closing price of $5.67. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 6.42 million shares were traded. KOS stock price reached its highest trading level at $5.77 during the session, while it also had its lowest trading level at $5.535.
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 2635959040 and an Enterprise Value of 4949336064. As of this moment, Kosmos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.58, and their Forward P/E ratio for the next fiscal year is 6.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 2.909 whereas that against EBITDA is 4.361.
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 -5.03%, while the 200-Day Moving Average is calculated to be -15.88%.
Shares Statistics:
According to the various share statistics, KOS traded on average about 8.09M shares per day over the past 3-months and 4354590 shares per day over the past 10 days. A total of 471.55M shares are outstanding, with a floating share count of 460.87M. Insiders hold about 2.26% of the company’s shares, while institutions hold 96.17% stake in the company. Shares short for KOS as of 1713139200 were 39432701 with a Short Ratio of 4.88, compared to 1710460800 on 35521496. Therefore, it implies a Short% of Shares Outstanding of 39432701 and a Short% of Float of 9.99.
