The Mosaic Company (NYSE:MOS) Receives $40.27 Consensus Target Price from Analysts

The Mosaic Company (NYSE:MOS - Get Free Report) has been given a consensus rating of "Hold" by the thirteen research firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $40.27.

A number of analysts recently commented on the company. Piper Sandler cut Mosaic from a "neutral" rating to an "underweight" rating and reduced their price objective for the company from $42.00 to $32.00 in a research report on Thursday, February 29th. Wolfe Research assumed coverage on Mosaic in a research report on Friday, March 1st. They set an "outperform" rating and a $39.00 price objective for the company. TheStreet cut Mosaic from a "b-" rating to a "c+" rating in a research report on Tuesday, February 6th. Mizuho cut Mosaic from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $42.00 to $34.00 in a research report on Wednesday, January 24th. Finally, Wells Fargo & Company upped their price target on Mosaic from $34.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, February 23rd.

Mosaic Stock Up 1.7 %

Shares of MOS stock traded up $0.53 during mid-day trading on Friday, hitting $31.00. The company's stock had a trading volume of 2,907,309 shares, compared to its average volume of 4,918,060. Mosaic has a 52-week low of $29.25 and a 52-week high of $45.33. The business has a 50-day moving average price of $31.46 and a 200 day moving average price of $33.46. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.57 and a current ratio of 1.22. The stock has a market cap of $9.97 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 1.54 and a beta of 1.50.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.11). The firm had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $3.09 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The firm's revenue was down 29.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.74 EPS. Research analysts predict that Mosaic will post 2.81 EPS for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Thursday, June 6th. Mosaic's dividend payout ratio (DPR) is 24.07%.

Hedge Funds Weigh In On Mosaic

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MOS. Bornite Capital Management LP bought a new position in Mosaic during the first quarter valued at approximately $13,300,000. Sei Investments Co. boosted its stake in Mosaic by 7.2% during the first quarter. Sei Investments Co. now owns 189,494 shares of the basic materials company's stock valued at $12,614,000 after buying an additional 12,679 shares during the last quarter. Cetera Investment Advisers boosted its stake in Mosaic by 7.9% during the first quarter. Cetera Investment Advisers now owns 20,546 shares of the basic materials company's stock valued at $1,366,000 after buying an additional 1,507 shares during the last quarter. National Pension Service bought a new position in Mosaic during the first quarter valued at approximately $30,360,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Mosaic by 55.4% in the 1st quarter. Baird Financial Group Inc. now owns 312,013 shares of the basic materials company's stock valued at $20,749,000 after purchasing an additional 111,236 shares during the last quarter. 77.54% of the stock is owned by institutional investors.

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 Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.