The Mosaic Company (NYSE:MOS) Given Consensus Rating of "Hold" by Analysts

Key Points

• The Mosaic Company"Hold" from 18 firms (3 sell, 11 hold, 4 buy) and an average 12‑month price target of $30.27.
• Mosaic missed its quarterly estimates, reporting EPS of $0.22 versus $0.48 expected and revenue of $2.97B versus $3.02B, while analysts forecast full‑year EPS of about $2.04.
• The company declared a quarterly dividend of $0.22 (annualized $0.88), implying a yield of roughly 3.6% with an ex‑dividend date of May 21.

The Mosaic Company (NYSE:MOS - Get Free Report) has earned a consensus recommendation of "Hold" from the eighteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $30.2667.

A number of brokerages have recently weighed in on MOS. Scotiabank cut their price objective on Mosaic from $36.00 to $35.00 and set a "sector outperform" rating on the stock in a research report on Monday, March 2nd. Freedom Capital lowered Mosaic from a "hold" rating to a "strong sell" rating in a research report on Thursday, March 19th. Wall Street Zen lowered Mosaic from a "hold" rating to a "sell" rating in a research report on Saturday, March 7th. Wolfe Research dropped their price target on Mosaic from $37.00 to $36.00 and set an "outperform" rating on the stock in a research report on Thursday, February 26th. Finally, Royal Bank Of Canada set a $28.00 price target on Mosaic and gave the company a "sector perform" rating in a research report on Tuesday, April 7th.

Mosaic Price Performance

Shares of MOS stock opened at $24.53 on Tuesday. The firm has a market cap of $7.79 billion, a P/E ratio of 14.52, a P/E/G ratio of 2.52 and a beta of 0.95. Mosaic has a fifty-two week low of $23.06 and a fifty-two week high of $38.23. The business's 50 day moving average price is $27.40 and its 200-day moving average price is $27.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.26). The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. Mosaic had a return on equity of 5.80% and a net margin of 4.49%.Mosaic's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 earnings per share. On average, equities research analysts anticipate that Mosaic will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 21st will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, May 21st. This represents a $0.88 annualized dividend and a dividend yield of 3.6%. Mosaic's payout ratio is currently 52.07%.

Institutional Investors Weigh In On Mosaic

Several hedge funds have recently made changes to their positions in MOS. AQR Capital Management LLC boosted its position in shares of Mosaic by 632.6% during the third quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company's stock valued at $291,348,000 after purchasing an additional 7,294,205 shares in the last quarter. Norges Bank bought a new stake in shares of Mosaic during the fourth quarter valued at approximately $103,129,000. Bank of New York Mellon Corp boosted its position in shares of Mosaic by 102.3% during the third quarter. Bank of New York Mellon Corp now owns 7,701,610 shares of the basic materials company's stock valued at $267,092,000 after purchasing an additional 3,894,947 shares in the last quarter. Invesco Ltd. boosted its position in shares of Mosaic by 28.9% during the fourth quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company's stock valued at $285,235,000 after purchasing an additional 2,653,969 shares in the last quarter. Finally, Merewether Investment Management LP bought a new stake in shares of Mosaic during the second quarter valued at approximately $72,380,000. 77.54% of the stock is currently owned by institutional investors.

Mosaic Company Profile

Mosaic Co is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. The company's primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.

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