The Mosaic Company (NYSE:MOS) Receives Average Recommendation of “Moderate Buy” from Analysts

by · The Cerbat Gem

Shares of The Mosaic Company (NYSE:MOS – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are covering the firm, Marketbeat reports. Ten investment analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $32.1333.

Several brokerages have recently commented on MOS. Scotiabank boosted their target price on shares of Mosaic from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Monday, November 10th. Wall Street Zen cut shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. The Goldman Sachs Group cut their target price on Mosaic from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mosaic in a report on Monday, December 8th. Finally, Zacks Research raised Mosaic from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th.

Read Our Latest Analysis on Mosaic

Institutional Investors Weigh In On Mosaic

Hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. lifted its stake in Mosaic by 172.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 433 shares during the last quarter. Bangor Savings Bank bought a new stake in shares of Mosaic during the second quarter worth $26,000. Geneos Wealth Management Inc. increased its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after buying an additional 601 shares in the last quarter. Rothschild Investment LLC lifted its stake in shares of Mosaic by 650.0% in the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 650 shares during the last quarter. Finally, Rexford Capital Inc. bought a new position in shares of Mosaic in the 2nd quarter valued at $28,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Price Performance

Shares of NYSE MOS opened at $26.17 on Wednesday. The business has a fifty day moving average price of $27.10 and a two-hundred day moving average price of $32.08. The stock has a market capitalization of $8.31 billion, a PE ratio of 6.78, a P/E/G ratio of 0.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. Mosaic has a fifty-two week low of $22.36 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.Mosaic’s revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share. As a group, equities analysts predict that Mosaic will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.88 annualized dividend and a yield of 3.4%. Mosaic’s payout ratio is presently 22.80%.

About Mosaic

(Get Free Report)

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.

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