The Mosaic (NYSE:MOS) posted its quarterly earnings data on Sunday. The basic materials company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.07, MarketWatch Earnings reports. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same period last year, the business posted ($0.06) earnings per share. The business’s revenue was up 27.8% on a year-over-year basis.
Shares of MOS traded down $1.19 during mid-day trading on Tuesday, reaching $33.84. 303,788 shares of the company’s stock were exchanged, compared to its average volume of 5,820,028. The stock has a market capitalization of $12.83 billion, a PE ratio of -12.21, a price-to-earnings-growth ratio of 2.79 and a beta of 1.81. The Mosaic has a 52-week low of $9.57 and a 52-week high of $36.79. The business’s fifty day simple moving average is $32.70 and its 200-day simple moving average is $26.40. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.31 and a quick ratio of 0.72.
A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price target on The Mosaic from $34.00 to $40.00 in a research note on Friday, February 19th. BMO Capital Markets lifted their price target on The Mosaic from $25.00 to $30.00 and gave the company a “market perform” rating in a research note on Friday, February 19th. VTB Capital downgraded The Mosaic to a “sell” rating and set a $32.00 target price on the stock. in a research note on Friday. Credit Suisse Group boosted their target price on The Mosaic from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, February 25th. Finally, Royal Bank of Canada lifted their price target on shares of The Mosaic from $36.00 to $42.00 and gave the stock an “outperform” rating in a report on Monday, April 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. The Mosaic currently has an average rating of “Hold” and a consensus price target of $28.92.
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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