Mosaic Company (The) (MOS) Set to Announce Quarterly Earnings on Tuesday
Mosaic Company (The) (NYSE:MOS) is scheduled to announce its earnings results before the market opens on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter.
Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the company posted $0.06 earnings per share. Mosaic Company (The)’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect Mosaic Company (The) to post $0.8 EPS for the current fiscal year and $0.97 EPS for the next fiscal year.
Mosaic Company (NYSE MOS) opened at 21.03 on Tuesday. The company has a 50 day moving average of $20.94 and a 200 day moving average of $22.72. The firm has a market capitalization of $7.38 billion, a P/E ratio of 50.07 and a beta of 1.29. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36.
A number of equities research analysts recently issued reports on MOS shares. HSBC Holdings plc started coverage on Mosaic Company (The) in a research note on Wednesday, October 11th. They issued a “buy” rating and a $24.80 price objective on the stock. Morgan Stanley lowered their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. BidaskClub upgraded Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Stifel Nicolaus restated a “hold” rating and issued a $27.00 price objective on shares of Mosaic Company (The) in a research note on Friday, July 14th. Finally, Zacks Investment Research upgraded Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.41.
In related news, Director Robert L. Lumpkins bought 7,000 shares of Mosaic Company (The) stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $19.94 per share, with a total value of $139,580.00. Following the acquisition, the director now directly owns 9,339 shares of the company’s stock, valued at $186,219.66. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.38% of the stock is owned by insiders.
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Mosaic Company (The) Company Profile
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.
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