Shares of Mosaic Co (NYSE:MOS) have earned an average recommendation of “Hold” from the twenty brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $32.93.
Several brokerages have commented on MOS. Barclays reissued a “hold” rating and set a $28.00 target price on shares of Mosaic in a research note on Thursday, May 9th. Zacks Investment Research downgraded Mosaic from a “hold” rating to a “strong sell” rating in a research note on Monday. Citigroup downgraded Mosaic from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $38.00 to $27.50 in a research note on Friday, March 29th. TheStreet cut Mosaic from a “b-” rating to a “c+” rating in a report on Thursday, May 9th. Finally, Royal Bank of Canada reduced their price target on Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th.
In other news, Director Emery N. Koenig purchased 2,089 shares of Mosaic stock in a transaction dated Friday, May 10th. The shares were bought at an average cost of $23.95 per share, for a total transaction of $50,031.55. Following the completion of the acquisition, the director now owns 25,244 shares in the company, valued at approximately $604,593.80. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO James Calvin O’rourke purchased 10,000 shares of Mosaic stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average price of $24.03 per share, for a total transaction of $240,300.00. Following the completion of the acquisition, the chief executive officer now owns 168,345 shares of the company’s stock, valued at approximately $4,045,330.35. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 17,339 shares of company stock worth $414,182. Company insiders own 0.51% of the company’s stock.
Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc boosted its holdings in Mosaic by 1.5% in the third quarter. Vanguard Group Inc now owns 37,330,375 shares of the basic materials company’s stock valued at $1,212,490,000 after acquiring an additional 541,783 shares during the last quarter. BlackRock Inc. boosted its holdings in Mosaic by 3.2% in the fourth quarter. BlackRock Inc. now owns 25,829,156 shares of the basic materials company’s stock valued at $754,470,000 after acquiring an additional 804,263 shares during the last quarter. FMR LLC boosted its holdings in Mosaic by 23.0% in the fourth quarter. FMR LLC now owns 17,982,539 shares of the basic materials company’s stock valued at $525,270,000 after acquiring an additional 3,363,282 shares during the last quarter. Boston Partners boosted its holdings in Mosaic by 21.1% in the first quarter. Boston Partners now owns 17,250,762 shares of the basic materials company’s stock valued at $471,118,000 after acquiring an additional 3,007,121 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Mosaic by 6.4% in the first quarter. Northern Trust Corp now owns 7,082,416 shares of the basic materials company’s stock valued at $193,421,000 after acquiring an additional 425,882 shares during the last quarter. Institutional investors own 78.88% of the company’s stock.
NYSE MOS traded up $0.37 during trading on Thursday, hitting $22.85. 2,384,445 shares of the company’s stock were exchanged, compared to its average volume of 4,219,948. The company has a current ratio of 1.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.42. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 1.97 and a beta of 1.42. Mosaic has a fifty-two week low of $22.45 and a fifty-two week high of $37.37.
Mosaic (NYSE:MOS) last issued its earnings results on Monday, May 6th. The basic materials company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.04. The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.86 billion. Mosaic had a return on equity of 7.88% and a net margin of 5.85%. The business’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 earnings per share. On average, sell-side analysts predict that Mosaic will post 1.68 earnings per share for the current year.
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 International Distribution. 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.
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