Mosaic Company (The) (NYSE:MOS)‘s stock had its “market perform” rating reissued by research analysts at BMO Capital Markets in a report issued on Friday. They currently have a $25.00 target price on the basic materials company’s stock, up from their prior target price of $23.00. BMO Capital Markets’ price target suggests a potential upside of 18.93% from the stock’s previous close.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada restated a “hold” rating and issued a $26.00 price target on shares of Mosaic Company (The) in a research note on Wednesday, July 12th. Citigroup Inc. decreased their price objective on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating on the stock in a report on Wednesday, July 12th. BidaskClub cut Mosaic Company (The) from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Morgan Stanley decreased their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, August 7th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $27.00 price objective on shares of Mosaic Company (The) in a report on Friday, July 14th. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. Mosaic Company (The) currently has a consensus rating of “Hold” and an average price target of $24.50.

Shares of Mosaic Company (MOS) traded down 2.87% during midday trading on Friday, reaching $21.02. 4,886,141 shares of the company were exchanged. The stock has a market capitalization of $7.38 billion, a P/E ratio of 50.05 and a beta of 1.29. The company has a 50 day moving average price of $20.53 and a 200-day moving average price of $23.48. Mosaic Company has a 12-month low of $19.23 and a 12-month high of $34.36.

Mosaic Company (The) (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the company posted $0.06 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, analysts forecast that Mosaic Company will post $0.76 earnings per share for the current fiscal year.

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In related news, Director Robert L. Lumpkins acquired 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average price of $19.94 per share, with a total value of $139,580.00. Following the completion of the transaction, the director now directly owns 9,339 shares in the company, valued at $186,219.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.38% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Global X Management Co. LLC raised its stake in Mosaic Company (The) by 16.4% in the first quarter. Global X Management Co. LLC now owns 32,585 shares of the basic materials company’s stock valued at $951,000 after buying an additional 4,580 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Mosaic Company (The) by 0.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 517,307 shares of the basic materials company’s stock valued at $11,810,000 after buying an additional 4,055 shares during the last quarter. Andra AP fonden raised its stake in Mosaic Company (The) by 240.3% in the second quarter. Andra AP fonden now owns 79,300 shares of the basic materials company’s stock valued at $1,810,000 after buying an additional 56,000 shares during the last quarter. River & Mercantile Asset Management LLP raised its stake in Mosaic Company (The) by 11.2% in the second quarter. River & Mercantile Asset Management LLP now owns 227,100 shares of the basic materials company’s stock valued at $5,184,000 after buying an additional 22,850 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its stake in Mosaic Company (The) by 25.1% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 55,200 shares of the basic materials company’s stock valued at $1,260,000 after buying an additional 11,080 shares during the last quarter. Institutional investors own 77.00% of the company’s stock.

About Mosaic Company (The)

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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