Mosaic’s “Neutral” Rating Reaffirmed at Zacks (MOS)
Mosaic (NYSE:MOS)‘s stock had its “neutral” rating reaffirmed by Zacks in a research report issued on Monday, Analyst Ratings Network reports. They currently have a $51.00 price objective on the stock. Zacks‘s price target suggests a potential upside of 4.32% from the company’s current price.
MOS has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Mosaic from $48.00 to $50.00 in a research note on Thursday, April 10th. They now have an “equal weight” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Mosaic from $48.00 to $49.00 in a research note on Thursday, February 13th. Finally, analysts at Credit Suisse raised their price target on shares of Mosaic from $41.00 to $46.00 in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. Mosaic presently has an average rating of “Hold” and a consensus target price of $50.00.
Mosaic (NYSE:MOS) traded up 0.35% on Monday, hitting $48.89. The stock had a trading volume of 1,517,898 shares. 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 $48.77 and a 200-day moving average of $47.20. The company has a market cap of $19.500 billion and a price-to-earnings ratio of 35.59.
Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, February 11th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.43 by $0.07. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $1.87 billion. The company’s quarterly revenue was down 7.9% on a year-over-year basis. On average, analysts predict that Mosaic will post $2.83 earnings per share for the current fiscal year.
The Mosaic Company (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients.
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