Mosaic (MOS) Updates FY18 Earnings Guidance

Mosaic (NYSE:MOS) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.00-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.19.

Several analysts recently issued reports on the company. BMO Capital Markets raised their price target on Mosaic from $23.00 to $24.00 and gave the stock a market perform rating in a report on Wednesday, November 1st. Cleveland Research raised Mosaic from a neutral rating to a buy rating in a report on Wednesday, November 1st. Stephens assumed coverage on Mosaic in a report on Friday, February 2nd. They issued an overweight rating on the stock. Cowen reissued a hold rating and issued a $25.00 price target on shares of Mosaic in a report on Friday, January 12th. Finally, Royal Bank of Canada raised their price target on Mosaic from $24.00 to $28.00 and gave the stock a sector perform rating in a report on Friday, January 12th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Mosaic has a consensus rating of Hold and a consensus price target of $24.98.

Shares of Mosaic (NYSE MOS) opened at $26.39 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. The firm has a market capitalization of $8,930.00, a price-to-earnings ratio of 27.53, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29. Mosaic has a 12 month low of $19.23 and a 12 month high of $33.90.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Wednesday, February 28th. Mosaic’s payout ratio is currently 10.53%.

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Mosaic Company Profile

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.

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