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

The Mosaic Company (NYSE:MOS) has been given an average rating of “Hold” by the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $37.54.

Several research analysts recently commented on MOS shares. Royal Bank of Canada cut their price target on shares of Mosaic from $32.00 to $30.00 and set a “sector perform” rating on the stock in a report on Monday, July 15th. UBS Group reduced their target price on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday, July 9th. Barclays lowered their price target on Mosaic from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, May 13th. Piper Sandler decreased their target price on Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a research report on Tuesday, June 11th. Finally, Mizuho lowered their target price on Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd.

Mosaic Trading Down 3.1 %

MOS stock opened at $28.86 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.26. The company has a market cap of $9.28 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 1.63 and a beta of 1.41. The business has a fifty day simple moving average of $28.81 and a 200-day simple moving average of $30.33. Mosaic has a 52 week low of $26.54 and a 52 week high of $42.81.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mosaic had a return on equity of 8.23% and a net margin of 6.07%. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.88 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The business’s revenue was down 25.7% compared to the same quarter last year. On average, equities research analysts expect that Mosaic will post 2.59 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of Mosaic by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company’s stock valued at $1,277,536,000 after purchasing an additional 1,893,797 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Mosaic by 1,815.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company’s stock worth $346,743,000 after buying an additional 10,124,427 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Mosaic by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,969,039 shares of the basic materials company’s stock worth $141,829,000 after acquiring an additional 189,706 shares in the last quarter. Norges Bank bought a new stake in shares of Mosaic in the 4th quarter valued at approximately $107,893,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Mosaic by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,963,682 shares of the basic materials company’s stock worth $70,162,000 after purchasing an additional 48,883 shares during the last quarter. 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.