Alert: Negative Investment/Fundamental Signals (8/2/24)-Kosmos Energy Ltd (NYSE: KOS)

out_logo_500#67290.jpg

Recent extremely meaningful negative changes in investment behavior have impacted Kosmos Energy Ltd (NYSE: KOS): negative upside/downside volume developed, and the stock fell on very heavy volume.

Recent significant negative changes in fundamentals have impacted Kosmos Energy Ltd (NYSE: KOS): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#67290.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, KOS is expected to continue to be a major Value Builder.

Kosmos Energy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Kosmos Energy has a good Appreciation Score of 78 but a poor Power Rating of 22, producing the Neutral Value Trend Rating.

Recent Price Action

On 8/2/24, Kosmos Energy Ltd (NYSE: KOS) stock suffered a large decline of -7.4%, closing at $4.89. Moreover, this decline was accompanied by exceptionally high trading volume at 202% of normal. Relative to the market the stock has been weak over the last nine months and has declined -10.9% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*