Kosmos Energy (KOS) Set to Announce Earnings on Monday

Kosmos Energy (NYSE:KOS) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, November 4th. Parties interested in registering for the company’s conference call can do so using this link.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). The firm had revenue of $450.94 million for the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. On average, analysts expect Kosmos Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kosmos Energy Stock Down 2.5 %

KOS opened at $3.67 on Friday. Kosmos Energy has a one year low of $3.65 and a one year high of $7.68. The company has a fifty day moving average price of $4.26 and a 200-day moving average price of $5.12. The firm has a market capitalization of $1.73 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 0.47 and a beta of 2.41. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on KOS shares. Benchmark reiterated a “buy” rating and issued a $8.00 target price on shares of Kosmos Energy in a research report on Wednesday, October 16th. Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price for the company. Bank of America cut their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein cut their target price on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.00.

About Kosmos Energy

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.