Equities analysts forecast that Mosaic Co (NYSE:MOS) will report $1.88 billion in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Mosaic’s earnings, with estimates ranging from $1.87 billion to $1.89 billion. Mosaic posted sales of $1.86 billion during the same quarter last year, which suggests a positive year over year growth rate of 1.1%. The firm is expected to announce its next quarterly earnings results on Tuesday, February 6th.

On average, analysts expect that Mosaic will report full year sales of $1.88 billion for the current year, with estimates ranging from $7.03 billion to $7.21 billion. For the next financial year, analysts forecast that the firm will post sales of $7.40 billion per share, with estimates ranging from $6.82 billion to $8.99 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Mosaic.

Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.18. The firm had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Mosaic had a return on equity of 3.61% and a net margin of 4.68%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 earnings per share.

MOS has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Mosaic from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Friday, November 3rd. Stifel Nicolaus reiterated a “hold” rating and set a $24.00 price objective on shares of Mosaic in a research report on Thursday, October 12th. BMO Capital Markets reiterated a “market perform” rating and set a $25.00 price objective (up from $23.00) on shares of Mosaic in a research report on Friday, October 6th. Citigroup lifted their price objective on shares of Mosaic from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Finally, Scotiabank upgraded shares of Mosaic from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $23.91.

Mosaic (NYSE MOS) opened at $23.62 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 0.90. The stock has a market cap of $8,291.78, a P/E ratio of 23.16, a price-to-earnings-growth ratio of 2.47 and a beta of 1.31. Mosaic has a 12-month low of $19.23 and a 12-month high of $34.36.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Wednesday, December 6th. Mosaic’s dividend payout ratio is 10.42%.

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its position in Mosaic by 2.0% during the 2nd quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock worth $455,461,000 after acquiring an additional 397,403 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Mosaic by 0.8% during 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 position in shares of Mosaic by 240.3% during 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 position in shares of Mosaic by 11.2% during 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 position in shares of Mosaic by 25.1% during 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. 76.94% of the stock is owned by hedge funds and other institutional investors.

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Mosaic 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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