Kosmos Energy Ltd.KOS is an International Exploration and Production company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on KOS's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Kosmos Energy could be a solid choice for investors.
Current Quarter Estimates for KOS
In the past 30 days, 3 estimates has gone higher for Kosmos Energy while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from loss of 14 cents per share 30 days ago, to loss of 8 cents today, a move of 42.9%.
Current Year Estimates forKOS
KOSMOS ENERGY Price and Consensus
Meanwhile, Kosmos Energy current year figures are also looking quite promising, with 3 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame with estimates narrowing from loss of 35 cents per share 30 days ago, to loss of 25 cents today, a move of 28.6%.
The stock has also started to move higher lately, adding 11% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.