Kosmos Energy Ltd. [NYSE: KOS] closed the trading session at $3.35 on 02/24/21. The day’s price range saw the stock hit a low of $2.92, while the highest price level was $3.37. The company report on February 23, 2021 that Kosmos Energy Announces Launch of Its Senior Notes Offering.
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced that, subject to market conditions, it intends to offer $400 million aggregate principal amount of senior notes due 2028. Kosmos intends to use the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility and commercial debt facilities and for general corporate purposes.
The securities to be offered will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and unless so registered, the securities may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws. The senior notes and the related guarantees will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act and, outside the United States, to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act.
The stocks have a year to date performance of 42.55 percent and weekly performance of 14.73 percent. The stock has been moved at 113.38 percent over the last six months. The stock has performed 29.34 percent around the most recent 30 days and changed 114.74 percent over the most recent 3-months.
If compared to the average trading volume of 9.25M shares, KOS reached to a volume of 16586479 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Kosmos Energy Ltd. [KOS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KOS shares is $2.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KOS stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Berenberg have made an estimate for Kosmos Energy Ltd. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 24, 2021. While these analysts kept the previous recommendation, Goldman raised their target price from $2.40 to $4.50. The new note on the price target was released on February 23, 2021, representing the official price target for Kosmos Energy Ltd. stock.
The Average True Range (ATR) for Kosmos Energy Ltd. is set at 0.23, with the Price to Sales ratio for KOS stock in the period of the last 12 months amounting to 1.38. The Price to Book ratio for the last quarter was 3.19, with the Price to Cash per share for the same quarter was set at 0.75. Price to Free Cash Flow for KOS in the course of the last twelve months was 6.55 with Quick ratio for the last quarter at 0.80.
KOS stock trade performance evaluation
Kosmos Energy Ltd. [KOS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.73. With this latest performance, KOS shares gained by 29.34% in over the last four-week period, additionally plugging by 113.38% over the last 6 months – not to mention a drop of -10.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KOS stock in for the last two-week period is set at 69.14, with the RSI for the last a single of trading hit 74.78, and the three-weeks RSI is set at 65.96 for Kosmos Energy Ltd. [KOS]. The present Moving Average for the last 50 days of trading for this stock 2.60, while it was recorded at 2.92 for the last single week of trading, and 1.82 for the last 200 days.
Kosmos Energy Ltd. [KOS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Kosmos Energy Ltd. [KOS] shares currently have an operating margin of +17.39 and a Gross Margin at +23.42. Kosmos Energy Ltd.’s Net Margin is presently recorded at -3.72.
Return on Total Capital for KOS is now 8.78, given the latest momentum, and Return on Invested Capital for the company is -1.88. Return on Equity for this stock declined to -6.26, with Return on Assets sitting at -1.33. When it comes to the capital structure of this company, Kosmos Energy Ltd. [KOS] has a Total Debt to Total Equity ratio set at 241.35. Additionally, KOS Total Debt to Total Capital is recorded at 70.70, with Total Debt to Total Assets ending up at 47.05. Long-Term Debt to Equity for the company is recorded at 241.21, with the Long-Term Debt to Total Capital now at 70.66.
Reflecting on the efficiency of the workforce at the company, Kosmos Energy Ltd. [KOS] managed to generate an average of -$154,936 per employee. Receivables Turnover for the company is 9.53 with a Total Asset Turnover recorded at a value of 0.36.Kosmos Energy Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.00.
Earnings per share (EPS) analysis for Kosmos Energy Ltd. [KOS] stock
With the latest financial reports released by the company, Kosmos Energy Ltd. posted -0.16/share EPS, while the average EPS was predicted by analysts to be reported at -0.15/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KOS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kosmos Energy Ltd. go to 23.80%.
Kosmos Energy Ltd. [KOS]: Insider Ownership positions
There are presently around $1,083 million, or 89.20% of KOS stock, in the hands of institutional investors. The top three institutional holders of KOS stocks are: FMR LLC with ownership of 60,818,191, which is approximately 0.012% of the company’s market cap and around 1.40% of the total institutional ownership; BLACKROCK INC., holding 47,641,736 shares of the stock with an approximate value of $159.6 million in KOS stocks shares; and VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P., currently with $94.5 million in KOS stock with ownership of nearly 29.231% of the company’s market capitalization.
Positions in Kosmos Energy Ltd. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 57 institutional holders increased their position in Kosmos Energy Ltd. [NYSE:KOS] by around 39,048,032 shares. Additionally, 64 investors decreased positions by around 41,463,828 shares, while 24 investors held positions by with 242,809,298 shares. The mentioned changes placed institutional holdings at 323,321,158 shares, according to the latest SEC report filing. KOS stock had 18 new institutional investments in for a total of 10,742,006 shares, while 11 institutional investors sold positions of 1,956,707 shares during the same period.