The Mosaic Company (NYSE:MOS) Receives Consensus Recommendation of “Hold” from Brokerages

The Mosaic Company (NYSE:MOS) has received a consensus rating of “Hold” from the twenty-one analysts that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $27.1111.

MOS has been the subject of a number of analyst reports. Royal Bank Of Canada upgraded Mosaic from a “sector perform” rating to an “outperform” rating and cut their price target for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. Weiss Ratings lowered shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, May 12th. Morgan Stanley cut their price target on Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday. UBS Group decreased their price objective on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, Freedom Capital upgraded Mosaic from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, June 17th.

Mosaic Stock Performance

NYSE MOS opened at $21.09 on Friday. The company has a fifty day simple moving average of $22.46 and a 200 day simple moving average of $25.13. Mosaic has a 12-month low of $19.80 and a 12-month high of $38.23. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36. The company has a market cap of $6.70 billion, a P/E ratio of 162.28, a PEG ratio of 2.53 and a beta of 0.82.

Mosaic (NYSE:MOS) last announced its quarterly 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). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter last year, the firm posted $0.49 EPS. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. Sell-side analysts predict that Mosaic will post 0.83 earnings per share for the current fiscal year.

Institutional Trading of Mosaic

Institutional investors have recently modified their holdings of the business. AQR Capital Management LLC boosted its stake in Mosaic by 632.6% in the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock worth $291,348,000 after purchasing an additional 7,294,205 shares during the period. Norges Bank bought a new stake in shares of Mosaic during the fourth quarter valued at about $103,129,000. Invesco Ltd. lifted its holdings in shares of Mosaic by 28.9% in the fourth quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock worth $285,235,000 after buying an additional 2,653,969 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Mosaic by 252.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,240,652 shares of the basic materials company’s stock worth $82,637,000 after buying an additional 2,320,605 shares in the last quarter. Finally, Merewether Investment Management LP bought a new position in shares of Mosaic in the second quarter valued at approximately $72,380,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

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.