Mosaic Given Consensus Recommendation of “Hold” by Analysts (NYSE:MOS)
Shares of Mosaic (NYSE:MOS) have been given an average rating of “Hold” by the seventeen ratings firms that are presently covering the stock, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $50.60.
Several analysts have recently commented on the stock. Analysts at CIBC raised their price target on shares of Mosaic from $49.00 to $51.00 in a research note on Wednesday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Mosaic in a research note on Friday, June 6th. They now have a $51.00 price target on the stock. Finally, analysts at Macquarie downgraded shares of Mosaic from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 22nd. They now have a $52.00 price target on the stock, down previously from $55.00.
Shares of Mosaic (NYSE:MOS) traded up 0.32% on Wednesday, hitting $47.62. The stock had a trading volume of 414,264 shares. Mosaic has a 52-week low of $39.75 and a 52-week high of $54.60. The stock has a 50-day moving average of $49.18 and a 200-day moving average of $48.42. The company has a market cap of $18.270 billion and a P/E ratio of 48.39.
Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.05. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter in the previous year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was down 14.1% on a year-over-year basis. Analysts expect that Mosaic will post $2.71 EPS for the current fiscal year.
The Mosaic Company (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.