The Mosaic Company (NYSE:MOS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of The Mosaic Company (NYSE:MOS) have received a consensus recommendation of “Hold” from the twenty analysts that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.4706.

A number of research firms have commented on MOS. Wells Fargo & Company reduced their price objective on shares of Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Weiss Ratings cut shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, May 12th. Wolfe Research reduced their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Freedom Capital cut shares of Mosaic from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 19th. Finally, Canadian Imperial Bank of Commerce set a $25.00 target price on shares of Mosaic in a research report on Tuesday, May 12th.

Mosaic Trading Down 0.2%

MOS stock opened at $23.29 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The company has a fifty day moving average price of $23.92 and a two-hundred day moving average price of $25.54. Mosaic has a one year low of $20.89 and a one year high of $38.23. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 179.18, a price-to-earnings-growth ratio of 2.76 and a beta of 0.79.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the firm earned $0.49 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities analysts anticipate that Mosaic will post 0.83 EPS for the current year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 21st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, May 21st. Mosaic’s payout ratio is presently 676.92%.

Institutional Investors Weigh In On Mosaic

A number of institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after buying an additional 380 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Mosaic in the 1st quarter valued at approximately $201,000. Empowered Funds LLC lifted its holdings in shares of Mosaic by 170.5% during the 1st quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 34,151 shares during the period. Woodline Partners LP lifted its holdings in shares of Mosaic by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after acquiring an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 601 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.