The Mosaic Company (NYSE:MOS) Receives Average Rating of “Hold” from Analysts

Shares of The Mosaic Company (NYSE:MOS) have been given an average recommendation of “Hold” by the twenty ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $27.4706.

MOS has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price target on shares of Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Barclays reduced their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. UBS Group reduced their price objective on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. BMO Capital Markets reduced their price objective on shares of Mosaic from $35.00 to $31.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Finally, Wolfe Research reduced their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th.

Mosaic Stock Up 0.1%

MOS stock opened at $22.27 on Wednesday. Mosaic has a 52 week low of $20.89 and a 52 week high of $38.23. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 171.31, a price-to-earnings-growth ratio of 2.63 and a beta of 0.79. The firm’s 50-day moving average is $23.77 and its two-hundred day moving average is $25.47. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter last year, the firm posted $0.49 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, analysts forecast that Mosaic will post 0.83 earnings per share for the current fiscal year.

Institutional Trading of Mosaic

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Mosaic by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock valued at $942,477,000 after buying an additional 461,524 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Mosaic by 6.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,240,050 shares of the basic materials company’s stock valued at $363,110,000 after purchasing an additional 832,914 shares during the period. State Street Corp increased its holdings in shares of Mosaic by 1.9% in the 4th quarter. State Street Corp now owns 13,174,708 shares of the basic materials company’s stock valued at $317,379,000 after purchasing an additional 240,146 shares during the period. Invesco Ltd. increased its holdings in shares of Mosaic by 28.9% in the 4th quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock valued at $285,235,000 after purchasing an additional 2,653,969 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Mosaic by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 8,479,395 shares of the basic materials company’s stock valued at $203,916,000 after purchasing an additional 63,822 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.