Mosaic Co (MOS) Receives Consensus Rating of “Hold” from Analysts

Mosaic Co (NYSE:MOS) has been given a consensus rating of “Hold” by the eighteen brokerages that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $24.07.

Several research firms recently weighed in on MOS. Cowen lifted their price objective on Mosaic from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, November 22nd. Zacks Investment Research upgraded Mosaic from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Tuesday, November 14th. Citigroup lifted their target price on Mosaic from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. BMO Capital Markets lifted their target price on Mosaic from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, November 1st. Finally, Cleveland Research upgraded Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st.

Shares of Mosaic (NYSE MOS) opened at $23.41 on Thursday. Mosaic has a 52-week low of $19.23 and a 52-week high of $34.36. The firm has a market capitalization of $8,390.00, a price-to-earnings ratio of 23.24, a PEG ratio of 2.48 and a beta of 1.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.18. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. Mosaic had a return on equity of 3.61% and a net margin of 4.68%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.41 earnings per share. equities research analysts predict that Mosaic will post 1.01 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.43%. Mosaic’s payout ratio is 63.16%.

Hedge funds have recently modified their holdings of the company. YorkBridge Wealth Partners LLC grew its stake in shares of Mosaic by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after acquiring an additional 6,000 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Mosaic by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after acquiring an additional 587 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in shares of Mosaic by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock worth $216,000 after acquiring an additional 2,210 shares during the last quarter. Westover Capital Advisors LLC purchased a new stake in Mosaic in the second quarter valued at approximately $218,000. Finally, Beach Investment Management LLC. purchased a new stake in Mosaic in the second quarter valued at approximately $228,000. Institutional investors and hedge funds own 76.94% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This piece of content was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/12/07/mosaic-co-mos-receives-consensus-rating-of-hold-from-analysts.html.

About Mosaic

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic (NYSE:MOS)

Receive News & Ratings for Mosaic Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Co and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply