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

The Mosaic Company (NYSE:MOS) has received a consensus recommendation of “Hold” from the twenty-one brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $27.3889.

A number of research firms have recently commented on MOS. Wells Fargo & Company cut their target price on Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 14th. The Goldman Sachs Group cut their target price on Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. HSBC cut their target price on Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a research note on Thursday, June 18th. BNP Paribas Exane cut their target price on Mosaic from $30.00 to $29.00 and set an “outperform” rating on the stock in a research note on Monday, June 15th. Finally, Rothschild & Co Redburn assumed coverage on Mosaic in a report on Friday. They issued a “buy” rating and a $30.00 price target for the company.

Mosaic Price Performance

Shares of Mosaic stock opened at $22.38 on Friday. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 172.17, a price-to-earnings-growth ratio of 2.65 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The stock has a 50 day moving average price of $22.69 and a 200-day moving average price of $25.21. Mosaic has a one year low of $19.80 and a one year high of $38.23.

Mosaic (NYSE:MOS) last released its earnings results 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). The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. Equities analysts expect that Mosaic will post 0.83 EPS for the current year.

Institutional Trading of Mosaic

Large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. boosted 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 period. CYBER HORNET ETFs LLC purchased a new stake in shares of Mosaic in the second quarter valued at approximately $31,000. SJS Investment Consulting Inc. boosted its holdings in shares of Mosaic by 72.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 525 shares during the period. Gen Wealth Partners Inc purchased a new stake in shares of Mosaic in the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Mosaic in the second quarter valued at approximately $34,000. Hedge funds and other 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.