Kosmos Energy Ltd (NYSE:KOS) price on Thursday, January 16, fall -1.08% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.66.
A look at the stock’s price movement, the close in the last trading session was $3.70, moving within a range at $3.6 and $3.75. The beta value (5-Year monthly) was 2.434 while the PE ratio in trailing twelve months stood at 8.07. Turning to its 52-week performance, $6.58 and $2.62 were the 52-week high and 52-week low respectively. Overall, KOS moved 21.59% over the past month.
Kosmos Energy Ltd’s market cap currently stands at around $1.73 billion, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 410.02M for the company’s revenue for the quarter, with a low and high estimate of 387M and 426.21M respectively. The average forecast suggests down to a -19.26% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.73B, representing a 1.58% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KOS is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend KOS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KOS’s current price about 5.81% and 1.23% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.18, while 7-day volatility ratio is 5.17% and 6.25% in the 30-day chart. Further, Kosmos Energy Ltd (KOS) has a beta value of 2.44, and an average true range (ATR) of 0.21. Analysts have given the company’s stock an average 52-week price target of $5.3, forecast between a low of $5 and high of $5.6. Looking at the price targets, the low is -36.61% off current price level while to achieve the yearly target high, price needs to move -53.01%. Nonetheless, investors will most likely welcome a -44.81% jump to $5.3 which is the analysts’ median price.
If we refocus on Kosmos Energy Ltd (NYSE:KOS), historical trading data shows that trading volumes averaged 7.59 over the past 10 days and 9.50 million over the past 3 months. The company’s latest data on shares outstanding shows there are 471.82 million shares.
The 4.00% of Kosmos Energy Ltd’s shares are in the hands of company insiders while institutional holders own 99.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 39.0 million on 2024-12-31, giving us a short ratio of 3.06. The data shows that as of 2024-12-31 short interest in Kosmos Energy Ltd (KOS) stood at 1096.0 of shares outstanding, with shares short rising to 37.33 million registered in 2024-11-29. Current price change has pushed the stock 7.02% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KOS stock continues to rise going into the next quarter.
