The stock price of Kosmos Energy Ltd (NYSE: KOS) has plunged by -1.84 when compared to previous closing price of 5.98, but the company has seen a -1.51% decline in its stock price over the last five trading sessions. CNBC Television reported 2024-04-01 that Neil Mehta, Goldman Sachs managing director, joins ‘Money Movers’ to discuss his thoughts on the oil sector, the major oil companies, and more.
Is It Worth Investing in Kosmos Energy Ltd (NYSE: KOS) Right Now?
Kosmos Energy Ltd (NYSE: KOS) has a price-to-earnings ratio that is above its average at 13.21x. The stock has a 36-month beta value of 2.38. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for KOS is 460.82M, and at present, short sellers hold a 7.71% of that float. On April 08, 2024, the average trading volume of KOS was 7.60M shares.
KOS’s Market Performance
KOS stock saw an increase of -1.51% in the past week, with a monthly gain of 5.01% and a quarterly increase of -12.78%. The volatility ratio for the week is 4.23%, and the volatility levels for the last 30 days are 4.03% for Kosmos Energy Ltd (KOS). The simple moving average for the last 20 days is 1.62% for KOS stock, with a simple moving average of -11.67% for the last 200 days.
Analysts’ Opinion of KOS
Many brokerage firms have already submitted their reports for KOS stocks, with Stifel repeating the rating for KOS by listing it as a “Buy.” The predicted price for KOS in the upcoming period, according to Stifel is $10 based on the research report published on November 20, 2023 of the previous year 2023.
Bernstein, on the other hand, stated in their research note that they expect to see KOS reach a price target of $9, previously predicting the price at $12. The rating they have provided for KOS stocks is “Mkt Perform” according to the report published on October 17th, 2023.
BofA Securities gave a rating of “Buy” to KOS, setting the target price at $10 in the report published on September 27th of the previous year.
KOS Trading at 0.40% from the 50-Day Moving Average
After a stumble in the market that brought KOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.11% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares surge +7.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.38% lower at present.
During the last 5 trading sessions, KOS fell by -1.51%, which changed the moving average for the period of 200-days by -2.98% in comparison to the 20-day moving average, which settled at $5.80. In addition, Kosmos Energy Ltd saw -12.52% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KOS starting from INGLIS ANDREW G, who sale 177,430 shares at the price of $5.66 back on Feb 06 ’24. After this action, INGLIS ANDREW G now owns 3,376,816 shares of Kosmos Energy Ltd, valued at $1,003,917 using the latest closing price.
Ball Christopher James, the SVP, Chief Commercial Officer of Kosmos Energy Ltd, sale 121,915 shares at $5.66 during a trade that took place back on Feb 06 ’24, which means that Ball Christopher James is holding 1,409,244 shares at $689,807 based on the most recent closing price.
Stock Fundamentals for KOS
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.51 for the gross margin
The net margin for Kosmos Energy Ltd stands at 0.13. The total capital return value is set at 0.09. Equity return is now at value 23.46, with 4.49 for asset returns.
Based on Kosmos Energy Ltd (KOS), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 2.32. The interest coverage ratio of the stock is 3.8.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 2.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.98. The receivables turnover for the company is 14.09for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
Conclusion
To sum up, Kosmos Energy Ltd (KOS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
