The Mosaic Company (NYSE:MOS) Receives $34.58 Consensus PT from Analysts

Shares of The Mosaic Company (NYSE:MOS) have been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $34.58.

A number of research analysts recently commented on the stock. BNP Paribas raised shares of Mosaic to a “strong-buy” rating in a research report on Wednesday, April 9th. Oppenheimer boosted their price objective on shares of Mosaic from $33.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, May 13th. Wall Street Zen downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, June 7th. Scotiabank reissued an “outperform” rating on shares of Mosaic in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Mosaic from $29.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, May 9th.

Mosaic Stock Performance

Shares of MOS opened at $36.28 on Wednesday. The company’s 50 day moving average price is $32.94 and its 200 day moving average price is $28.35. Mosaic has a 52 week low of $22.36 and a 52 week high of $37.69. The company has a market capitalization of $11.51 billion, a PE ratio of 31.27, a PEG ratio of 2.13 and a beta of 1.14. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.44 and a current ratio of 1.12.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the firm posted $0.65 earnings per share. The firm’s revenue was down 2.2% on a year-over-year basis. Research analysts expect that Mosaic will post 2.04 EPS for the current fiscal year.

Insider Transactions at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of the business’s stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the completion of the sale, the senior vice president now directly owns 128,546 shares in the company, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Mosaic

Several large investors have recently bought and sold shares of MOS. Asset Management One Co. Ltd. raised its stake in Mosaic by 1.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 122,893 shares of the basic materials company’s stock valued at $2,933,000 after purchasing an additional 1,489 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund raised its stake in Mosaic by 27.9% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 12,068 shares of the basic materials company’s stock valued at $297,000 after purchasing an additional 2,634 shares during the last quarter. Alberta Investment Management Corp acquired a new position in Mosaic during the 4th quarter valued at $1,056,000. Investors Asset Management of Georgia Inc. GA ADV raised its stake in Mosaic by 7.0% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company’s stock valued at $237,000 after purchasing an additional 619 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its stake in Mosaic by 190.8% during the 4th quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company’s stock valued at $39,178,000 after purchasing an additional 1,045,812 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

About Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.