Mosaic Co. (NYSE:MOS) has been assigned a consensus recommendation of “Hold” from the twenty-four analysts that are currently covering the stock. Ten investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is €25.39 ($28.21).
A number of analysts have recently weighed in on the stock. Credit Suisse Group AG reiterated a “sell” rating and issued a $21.00 price objective on shares of Mosaic in a research note on Wednesday, August 31st. Vetr lowered shares of Mosaic from a “buy” rating to a “sell” rating and set a $24.50 price objective on the stock. in a research note on Wednesday, July 13th. JPMorgan Chase & Co. set a $24.00 price objective on shares of Mosaic and gave the stock a “hold” rating in a research note on Wednesday, August 3rd. Citigroup Inc. cut their price objective on shares of Mosaic from $27.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, July 7th. Finally, Susquehanna lowered shares of Mosaic from a “positive” rating to a “neutral” rating and cut their price objective for the stock from $30.00 to $28.00 in a research note on Wednesday, August 17th.
Shares of Mosaic (NYSE:MOS) opened at 23.15 on Friday. The firm has a 50-day moving average of $25.99 and a 200 day moving average of $26.74. The stock has a market cap of $8.11 billion, a PE ratio of 14.59 and a beta of 1.38. Mosaic has a 52 week low of $22.02 and a 52 week high of $36.95.
Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by $0.06. The company earned $1.70 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Mosaic had a return on equity of 4.87% and a net margin of 7.37%. The company’s quarterly revenue was down 32.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 EPS. On average, equities analysts forecast that Mosaic will post $0.51 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 4.75%. The ex-dividend date is Tuesday, November 29th. Mosaic’s dividend payout ratio is currently 69.18%.
Institutional investors have recently bought and sold shares of the company. Synovus Financial Corp increased its position in Mosaic by 127.4% in the second quarter. Synovus Financial Corp now owns 4,128 shares of the company’s stock valued at $107,000 after buying an additional 2,313 shares in the last quarter. Seven Eight Capital LLC increased its position in Mosaic by 27.2% in the first quarter. Seven Eight Capital LLC now owns 4,209 shares of the company’s stock valued at $114,000 after buying an additional 900 shares in the last quarter. Mizuho Asset Management Co. Ltd. increased its position in Mosaic by 139.6% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 4,668 shares of the company’s stock valued at $122,000 after buying an additional 2,720 shares in the last quarter. Exane Derivatives acquired a new position in Mosaic during the second quarter valued at $126,000. Finally, MUFG Americas Holdings Corp increased its position in Mosaic by 7.4% in the second quarter. MUFG Americas Holdings Corp now owns 5,680 shares of the company’s stock valued at $149,000 after buying an additional 391 shares in the last quarter. 88.91% of the stock is currently owned by hedge funds and other institutional investors.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s segments include Phosphates, Potash and International Distribution. Its Phosphates Segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally.
Receive News & Ratings for Mosaic Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Co. and related companies with MarketBeat.com's FREE daily email newsletter.