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Mosaic (NYSE:MOS) was downgraded by equities researchers at BGC Financial from a “hold” rating to a “sell” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.

Mosaic (NYSE:MOS) opened at 46.53 on Wednesday. Mosaic has a 52-week low of $40.85 and a 52-week high of $51.25. The stock has a 50-day moving average of $47.7 and a 200-day moving average of $48.37. The company has a market cap of $17.433 billion and a P/E ratio of 86.92.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by $0.08. The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.54 billion. The company’s revenue for the quarter was down 6.8% on a year-over-year basis. Analysts expect that Mosaic will post $2.66 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on MOS. Analysts at Macquarie downgraded shares of Mosaic to a “buy” rating in a research note on Monday, August 4th. They now have a $55.00 price target on the stock, up previously from $54.00. Separately, analysts at Canaccord Genuity cut their price target on shares of Mosaic from $50.00 to $48.00 in a research note on Friday, August 1st. Finally, analysts at CIBC raised their price target on shares of Mosaic from $49.00 to $51.00 in a research note on Wednesday, July 16th. They now have a “sector perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $49.50.

The Mosaic Company (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients.

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