Kosmos Energy Ltd. (NYSE:KOS) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -2.69% to the previous day’s close as weak demand from buyers trailed the stock to $2.89.
Actively observing the price movement in the last trading, the stock closed the session at $2.97, falling within a range of $2.8600 and $3.0300. The value of beta (5-year monthly) was 3.84 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $6.79, and the low was $0.5. On the whole, KOS has fluctuated by 22.98% over the past month.
With the market capitalization of Kosmos Energy Ltd. currently standing at about $1.18 Billion, investors are eagerly awaiting this quarter’s results, scheduled for Feb 22, 2021- Feb 26, 2021. The company’s Forward Dividend Ratio is 0.18, with its dividend yield at 6.23%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.15, which is expected to decline to -$0.05 for fiscal year 2021 and then to about -$0.23 by fiscal year 2022. Data indicates that the EPS growth is expected to be 13.2% in 2021, while the next year’s EPS growth is forecast to be -0.68%.
Analysts have estimated the company’s revenue for the quarter at $258.26 Million, with a low estimate of $258Million and a high estimate of $258.53 Million. According to the average forecast, sales growth in current quarter could fell down -43.9%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $803Million, representing a decline of -46.8% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were 1 upward and no downward review(s) in last seven days. We see that KOS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
11 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 7 analyst(s), 4 recommend it as a Buy and no body called the KOS stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of KOS currently trading nearly 18.15% and 48.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.76, while the 7-day volatility ratio is showing 6.52% which for the 30-day chart, stands at 9.48%. Furthermore, Kosmos Energy Ltd. (KOS)’s beta value is 3.84, and its average true range (ATR) is 0.23. The company’s stock has been forecasted to trade at an average price of $2.68 over the course of the next 52 weeks, with a low of $1.5 and a high of $4. Based on these price targets, the low is -48.1 off current price, whereas the price has to move +38.41% to reach the yearly target high. Additionally, analysts’ median price of $2.75 is likely to be welcomed by investors because it represents an increase of -4.84% from the current levels.
A comparison of Kosmos Energy Ltd. (KOS) with its peers suggests the former has fared considerably better in the market. KOS showed an intraday change of -2.69% in last session, and over the past year, it dropped by -55.67%. In comparison, Vermilion Energy Inc (VET) has moved lower at -3.16% on the day and was down -68.5% over the past 12 months. On the other hand, the price of Vaalco Energy Inc (EGY) has fallen -2.6% on the day. The stock, however, is off -10.71% from where it was a year ago. Additionally, there is a decline of -269% for 2nd Resistance Point (3rd Resistance Point) in last trading while the stock has seen an overall depriciation of -55.67% over the past year. The PE ratio stands at 0 for Kosmos Energy Ltd., compared to 0 for Vermilion Energy Inc, and 0 for Vaalco Energy Inc. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for Kosmos Energy Ltd. (NYSE:KOS) indicates that the trading volumes over the past 10 days have averaged 8.63 Million and over the past 3 months, they’ve averaged 9.02 Million. According to company’s latest data on outstanding shares, there are 405.46 Million shares outstanding.
Nearly 5.18% of Kosmos Energy Ltd.’s shares belong to company insiders and institutional investors own 86.71% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 27.01 Million shares as on December 30, 2020, resulting in a short ratio of 2.42. According to the data, the short interest in Kosmos Energy Ltd. (KOS) stood at 6.66% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 26.59 Million. The stock has risen by +22.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KOS stock heading into the next quarter.
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