Wall Street brokerages expect that Mosaic Co (NYSE:MOS) will post sales of $2.16 billion for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Mosaic’s earnings. The highest sales estimate is $2.30 billion and the lowest is $2.02 billion. Mosaic reported sales of $2.52 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 14.3%. The firm is scheduled to issue its next earnings results on Monday, February 24th.

On average, analysts expect that Mosaic will report full year sales of $8.91 billion for the current financial year, with estimates ranging from $8.85 billion to $8.95 billion. For the next fiscal year, analysts expect that the business will post sales of $8.97 billion, with estimates ranging from $8.45 billion to $9.32 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Mosaic.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Mosaic had a positive return on equity of 4.48% and a negative net margin of 0.36%. The company’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 EPS.

A number of research firms have issued reports on MOS. CIBC reaffirmed a “buy” rating and issued a $25.00 price target on shares of Mosaic in a report on Thursday. Cfra reissued a “buy” rating and issued a $26.00 price target on shares of Mosaic in a research note on Thursday. Stifel Nicolaus decreased their price target on shares of Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a research note on Friday, October 4th. Royal Bank of Canada decreased their price target on shares of Mosaic from $32.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, September 27th. They noted that the move was a valuation call. Finally, BMO Capital Markets set a $27.00 price target on shares of Mosaic and gave the stock a “hold” rating in a research note on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $27.75.

In other news, Director Cheryl K. Beebe bought 12,998 shares of Mosaic stock in a transaction on Wednesday, August 21st. The shares were bought at an average cost of $19.21 per share, with a total value of $249,691.58. Following the completion of the purchase, the director now directly owns 23,704 shares of the company’s stock, valued at $455,353.84. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William T. Monahan bought 2,360 shares of Mosaic stock in a transaction on Tuesday, September 10th. The shares were purchased at an average cost of $21.15 per share, for a total transaction of $49,914.00. Following the completion of the purchase, the director now directly owns 39,235 shares of the company’s stock, valued at $829,820.25. The disclosure for this purchase can be found here. 0.51% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of MOS. Point72 Hong Kong Ltd acquired a new position in Mosaic during the 2nd quarter worth approximately $103,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in Mosaic by 25.2% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 61,332 shares of the basic materials company’s stock worth $1,535,000 after acquiring an additional 12,341 shares in the last quarter. IFM Investors Pty Ltd grew its holdings in Mosaic by 36.2% during the 2nd quarter. IFM Investors Pty Ltd now owns 30,031 shares of the basic materials company’s stock worth $752,000 after acquiring an additional 7,974 shares in the last quarter. Centerstone Investors LLC grew its holdings in Mosaic by 66.5% during the 2nd quarter. Centerstone Investors LLC now owns 479,163 shares of the basic materials company’s stock worth $11,994,000 after acquiring an additional 191,429 shares in the last quarter. Finally, Balyasny Asset Management LLC grew its holdings in Mosaic by 867.0% during the 2nd quarter. Balyasny Asset Management LLC now owns 731,464 shares of the basic materials company’s stock worth $18,309,000 after acquiring an additional 655,825 shares in the last quarter. 75.12% of the stock is currently owned by institutional investors.

NYSE MOS opened at $20.81 on Friday. The company has a fifty day simple moving average of $20.20 and a two-hundred day simple moving average of $22.05. The stock has a market cap of $8.00 billion, a P/E ratio of 9.82, a P/E/G ratio of 2.91 and a beta of 1.65. Mosaic has a 12-month low of $17.36 and a 12-month high of $37.33. The company has a current ratio of 1.51, a quick ratio of 0.60 and a debt-to-equity ratio of 0.44.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Wednesday, December 4th. Mosaic’s dividend payout ratio (DPR) is presently 9.43%.

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 International Distribution. 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.

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