Brokerages Set The Mosaic Company (NYSE:MOS) PT at $27.11

Shares of The Mosaic Company (NYSE:MOS) have received a consensus rating of “Hold” from the twenty-one brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $27.1111.

Several brokerages recently commented on MOS. Freedom Capital raised Mosaic from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, June 17th. BMO Capital Markets cut their price objective on shares of Mosaic from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. JPMorgan Chase & Co. dropped their target price on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. UBS Group cut their price target on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Finally, Wall Street Zen cut Mosaic from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th.

Institutional Trading of Mosaic

Hedge funds have recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC raised its stake in Mosaic by 24.7% in the 2nd quarter. Wedge Capital Management L L P NC now owns 494,520 shares of the basic materials company’s stock worth $10,479,000 after purchasing an additional 98,060 shares in the last quarter. Tema ETFs LLC lifted its stake in Mosaic by 10.0% during the second quarter. Tema ETFs LLC now owns 6,355 shares of the basic materials company’s stock worth $135,000 after purchasing an additional 580 shares during the last quarter. Handelsbanken Fonder AB lifted its position in shares of Mosaic by 8.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 92,900 shares of the basic materials company’s stock worth $1,969,000 after buying an additional 7,100 shares during the last quarter. Polianta Ltd boosted its stake in shares of Mosaic by 40.1% in the 2nd quarter. Polianta Ltd now owns 78,200 shares of the basic materials company’s stock valued at $1,657,000 after purchasing an additional 22,400 shares in the last quarter. Finally, Czech National Bank boosted its position in Mosaic by 4.7% in the second quarter. Czech National Bank now owns 90,471 shares of the basic materials company’s stock valued at $1,917,000 after buying an additional 4,026 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Price Performance

MOS opened at $22.37 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. Mosaic has a 52 week low of $19.80 and a 52 week high of $37.08. The company has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $24.85. The firm has a market capitalization of $7.10 billion, a PE ratio of 172.06, a P/E/G ratio of 3.01 and a beta of 0.82.

Mosaic (NYSE:MOS) last released its quarterly earnings data 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 company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter in the prior year, the company posted $0.49 EPS. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, analysts anticipate that Mosaic will post 0.73 earnings per share for the current year.

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.