Kosmos Energy (KOS) to Release Earnings on Monday

Kosmos Energy (NYSE:KOS) will be posting its quarterly earnings results before the market opens on Monday, August 5th. Analysts expect Kosmos Energy to post earnings of $0.17 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $419.14 million for the quarter. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. On average, analysts expect Kosmos Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $4.89 on Friday. The business’s 50-day simple moving average is $5.57 and its 200 day simple moving average is $5.80. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 10.63, a P/E/G ratio of 0.43 and a beta of 2.41. Kosmos Energy has a 12-month low of $4.87 and a 12-month high of $8.28. The company has a quick ratio of 0.64, a current ratio of 0.91 and a debt-to-equity ratio of 2.48.

Analyst Upgrades and Downgrades

KOS has been the topic of several analyst reports. Sanford C. Bernstein cut their target price on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 17th. Benchmark reissued a “buy” rating and issued a $8.00 target price on shares of Kosmos Energy in a research note on Tuesday, June 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $8.56.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.