The Mosaic Company (NYSE:MOS) Receives Average Rating of “Hold” from Analysts

Shares of The Mosaic Company (NYSE:MOS) have been given an average recommendation of “Hold” by the twenty-one ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $27.1111.

Several equities research analysts have issued reports on the stock. Scotiabank reaffirmed an “outperform” rating and set a $30.00 target price on shares of Mosaic in a research note on Tuesday, May 19th. Canadian Imperial Bank of Commerce set a $25.00 target price on shares of Mosaic in a research report on Tuesday, May 12th. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. BNP Paribas Exane lowered their price target on shares of Mosaic from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 1st. Finally, Morgan Stanley dropped their price objective on shares of Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 30th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its holdings in shares of Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Mosaic during the second quarter worth $31,000. SJS Investment Consulting Inc. grew its holdings in Mosaic by 72.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after buying an additional 525 shares in the last quarter. Gen Wealth Partners Inc purchased a new stake in Mosaic in the 4th quarter valued at $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Mosaic in the 2nd quarter worth $34,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $22.79 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. Mosaic has a 1 year low of $19.80 and a 1 year high of $37.53. The firm has a market capitalization of $7.24 billion, a PE ratio of 175.34, a P/E/G ratio of 2.61 and a beta of 0.82. The business’s 50 day moving average price is $22.10 and its 200-day moving average price is $24.91.

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

About Mosaic

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.