The Mosaic Company (NYSE:MOS) Receives $31.73 Consensus PT from Analysts

Shares of The Mosaic Company (NYSE:MOS) have been given an average recommendation of “Moderate Buy” by the eighteen brokerages that are covering the firm, Marketbeat.com reports. Ten investment analysts have rated the stock with 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 brokers that have issued a report on the stock in the last year is $31.7333.

A number of brokerages have recently weighed in on MOS. Royal Bank Of Canada set a $27.00 price target on shares of Mosaic in a report on Wednesday, December 10th. UBS Group cut their target price on Mosaic from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Wall Street Zen downgraded Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Wells Fargo & Company initiated coverage on Mosaic in a report on Tuesday, November 11th. They set an “equal weight” rating and a $28.00 price target for the company. Finally, Oppenheimer dropped their price objective on Mosaic from $40.00 to $35.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th.

Hedge Funds Weigh In On Mosaic

A number of institutional investors have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. grew its stake in shares of Mosaic by 2.8% during the second quarter. TD Waterhouse Canada Inc. now owns 12,149 shares of the basic materials company’s stock worth $447,000 after buying an additional 333 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after acquiring an additional 380 shares in the last quarter. UMB Bank n.a. grew its position in Mosaic by 25.7% during the 2nd quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock worth $69,000 after acquiring an additional 387 shares during the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings in Mosaic by 54.3% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 407 shares in the last quarter. Finally, Abundance Wealth Counselors raised its position in Mosaic by 1.8% in the second quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 413 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Price Performance

Shares of NYSE MOS opened at $25.15 on Friday. The business has a fifty day moving average price of $24.84 and a two-hundred day moving average price of $30.71. The stock has a market capitalization of $7.98 billion, a PE ratio of 6.52, a P/E/G ratio of 0.71 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. Mosaic has a fifty-two week low of $22.36 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. During the same quarter last year, the business earned $0.34 earnings per share. Mosaic’s revenue was up 22.8% on a year-over-year basis. As a group, equities analysts predict that Mosaic will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is presently 22.80%.

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.