The Mosaic Sees Unusually High Options Volume (MOS)
The Mosaic (NYSE:MOS) saw unusually large options trading on Friday. Stock traders acquired 35,324 call options on the company, Analyst Ratings.Net reports. This is an increase of approximately 302% compared to the average volume of 8,788 call options.
MOS has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of The Mosaic (NYSE:MOS) from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday. They now have a $43.60 price target on the stock. Separately, analysts at BMO Capital Markets cut their price target on shares of The Mosaic (NYSE:MOS) from $43.00 to $41.00 in a research note to investors on Thursday, September 26th. They now have a “market perform” rating on the stock. Finally, analysts at CIBC reiterated a “sector perform” rating on shares of The Mosaic (NYSE:MOS) in a research note to investors on Wednesday, September 18th. They now have a $50.00 price target on the stock. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company’s stock. The Mosaic currently has an average rating of “Hold” and a consensus price target of $52.83.
The Mosaic (NYSE:MOS) traded up 1.81% on Friday, hitting $46.10. 7,686,479 shares of the company’s stock traded hands. The Mosaic has a 52 week low of $39.75 and a 52 week high of $64.65. The stock has a 50-day moving average of $43.44 and a 200-day moving average of $53.30. The company has a market cap of $19.630 billion and a P/E ratio of 10.24.
The Mosaic (NYSE:MOS) last released its earnings data on Tuesday, July 16th. The company reported $1.14 earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted $1.25 earnings per share. The Mosaic’s revenue was down 4.5% compared to the same quarter last year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.17%.
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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