The Mosaic Target of Unusually High Options Trading (MOS)
The Mosaic (NYSE:MOS) was the recipient of some unusual options trading on Tuesday. Stock traders bought 11,780 put options on the stock, Analyst Ratings Network reports. This represents an increase of 141% compared to the average daily volume of 4,886 put options.
A number of research firms have recently commented on MOS. Analysts at Zacks upgraded shares of The Mosaic (NYSE:MOS) from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 4th. They now have a $42.20 price target on the stock. Separately, analysts at Scotiabank cut their price target on shares of The Mosaic (NYSE:MOS) from $50.00 to $46.00 in a research note to investors on Tuesday, August 27th. Finally, analysts at HSBC downgraded shares of The Mosaic (NYSE:MOS) from a “neutral” rating to an “underweight” rating in a research note to investors on Wednesday, August 21st. They now have a $33.00 price target on the stock, down previously from $66.00.
One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $55.70.
Shares of The Mosaic (NYSE:MOS) traded up 2.75% during mid-day trading on Tuesday, hitting $45.53. 13,903,820 shares of the company’s stock traded hands. The Mosaic has a 1-year low of $39.75 and a 1-year high of $64.65. The stock has a 50-day moving average of $44.07 and a 200-day moving average of $55.14. The company has a market cap of $19.388 billion and a price-to-earnings ratio of 10.02.
The Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, July 16th. The company reported $1.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.14. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. The company’s revenue for the quarter was down 4.5% on a year-over-year basis.
The Mosaic Company (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients for the global agriculture industry.
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