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

The Mosaic Company (NYSE:MOS) has received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $38.29.

Several equities research analysts have recently issued reports on MOS shares. Scotiabank reduced their target price on Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a report on Monday, May 6th. Piper Sandler decreased their price objective on Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a report on Tuesday, June 11th. Royal Bank of Canada lowered their target price on Mosaic from $35.00 to $32.00 and set a “sector perform” rating for the company in a research report on Monday, May 6th. Barclays reduced their price target on shares of Mosaic from $42.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday, May 13th. Finally, Mizuho lowered their price objective on shares of Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd.

Mosaic Stock Performance

NYSE MOS opened at $27.77 on Wednesday. The business has a 50-day moving average price of $29.46 and a 200-day moving average price of $31.35. The firm has a market cap of $8.93 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.61 and a beta of 1.41. Mosaic has a twelve month low of $26.67 and a twelve month high of $42.81. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.88 billion. During the same period last year, the business earned $1.14 earnings per share. The company’s quarterly revenue was down 25.7% compared to the same quarter last year. As a group, equities research analysts predict that Mosaic will post 2.57 EPS for the current fiscal year.

Institutional Trading of Mosaic

Several institutional investors and hedge funds have recently made changes to their positions in MOS. AustralianSuper Pty Ltd lifted its holdings in Mosaic by 23.1% during the 4th quarter. AustralianSuper Pty Ltd now owns 2,083,150 shares of the basic materials company’s stock valued at $74,431,000 after buying an additional 391,191 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Mosaic by 1,007.5% during the fourth quarter. Wellington Management Group LLP now owns 241,245 shares of the basic materials company’s stock valued at $8,620,000 after acquiring an additional 219,463 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Mosaic by 3,212.6% in the fourth quarter. International Assets Investment Management LLC now owns 240,200 shares of the basic materials company’s stock valued at $8,582,000 after purchasing an additional 232,949 shares during the period. Sapient Capital LLC bought a new position in Mosaic in the fourth quarter worth approximately $2,300,000. Finally, Oak Thistle LLC increased its holdings in Mosaic by 13.1% during the 4th quarter. Oak Thistle LLC now owns 40,136 shares of the basic materials company’s stock worth $1,434,000 after purchasing an additional 4,658 shares during the period. 77.54% of the stock is currently owned by institutional investors.

Mosaic Company Profile

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.