Shares of Mosaic Co (NYSE:MOS) have been assigned a consensus rating of “Hold” from the twenty-one ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $26.93.
MOS has been the topic of several recent research reports. Royal Bank of Canada dropped their target price on Mosaic from $32.00 to $26.00 and set an “outperform” rating on the stock in a research report on Friday, September 27th. They noted that the move was a valuation call. ValuEngine upgraded Mosaic from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Stifel Nicolaus dropped their target price on Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a research report on Friday, October 4th. Cfra restated a “buy” rating and set a $26.00 target price on shares of Mosaic in a research report on Thursday, November 7th. Finally, CIBC restated a “buy” rating and set a $25.00 target price on shares of Mosaic in a research report on Thursday, November 7th.
Shares of Mosaic stock traded down $0.81 during trading hours on Tuesday, hitting $19.14. The company had a trading volume of 6,117,467 shares, compared to its average volume of 4,302,467. The company’s 50-day moving average is $20.60 and its two-hundred day moving average is $20.74. Mosaic has a twelve month low of $17.36 and a twelve month high of $33.91. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.51 and a quick ratio of 0.67. The company has a market cap of $7.59 billion, a P/E ratio of -239.22, a price-to-earnings-growth ratio of 3.15 and a beta of 1.65.
Mosaic (NYSE:MOS) last issued its earnings results on Monday, November 4th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.67 billion. Mosaic had a negative net margin of 0.36% and a positive return on equity of 4.48%. The company’s quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 EPS. Sell-side analysts expect that Mosaic will post 0.46 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be given a $0.05 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.04%. Mosaic’s dividend payout ratio (DPR) is presently 9.43%.
Hedge funds have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC purchased a new stake in Mosaic in the 2nd quarter worth $32,000. NuWave Investment Management LLC raised its stake in Mosaic by 244.6% during the 3rd quarter. NuWave Investment Management LLC now owns 2,040 shares of the basic materials company’s stock valued at $39,000 after buying an additional 1,448 shares during the last quarter. Rational Advisors LLC raised its stake in Mosaic by 244.6% during the 3rd quarter. Rational Advisors LLC now owns 2,040 shares of the basic materials company’s stock valued at $42,000 after buying an additional 1,448 shares during the last quarter. Sterling Investment Advisors Ltd. purchased a new stake in Mosaic during the 3rd quarter valued at $62,000. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in Mosaic by 566.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,046 shares of the basic materials company’s stock valued at $62,000 after buying an additional 2,589 shares during the last quarter. Institutional investors own 74.44% of the company’s stock.
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 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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