The Mosaic Company (NYSE:MOS) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $35.08.

A number of research analysts have recently commented on MOS shares. Wall Street Zen upgraded Mosaic from a "hold" rating to a "buy" rating in a research note on Saturday, July 5th. Wells Fargo & Company lifted their price objective on Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Royal Bank Of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $30.00 to $40.00 in a report on Thursday, May 8th. JPMorgan Chase & Co. lifted their target price on Mosaic from $29.00 to $35.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Finally, Piper Sandler reissued a "neutral" rating and issued a $30.00 target price on shares of Mosaic in a report on Thursday, March 27th.

Mosaic Trading Up 1.3%

Shares of MOS stock opened at $36.42 on Friday. The stock has a market capitalization of $11.55 billion, a PE ratio of 31.40, a P/E/G ratio of 2.12 and a beta of 1.12. Mosaic has a 1-year low of $22.36 and a 1-year high of $38.23. The business has a 50-day moving average of $35.37 and a 200 day moving average of $29.53. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.12 and a quick ratio of 0.44.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a return on equity of 4.91% and a net margin of 3.32%. Mosaic's quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.65 EPS. As a group, sell-side analysts anticipate that Mosaic will post 2.04 earnings per share for the current year.

Insider Activity at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at $4,592,948.58. The trade was a 12.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.50% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. NBC Securities Inc. bought a new position in shares of Mosaic during the first quarter valued at approximately $26,000. Bangor Savings Bank purchased a new stake in shares of Mosaic in the second quarter valued at approximately $26,000. Geneos Wealth Management Inc. boosted its holdings in shares of Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 601 shares during the period. Compagnie Lombard Odier SCmA purchased a new stake in shares of Mosaic in the first quarter valued at approximately $27,000. Finally, Allworth Financial LP boosted its holdings in shares of Mosaic by 102.3% in the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock valued at $31,000 after purchasing an additional 537 shares during the period. Institutional investors own 77.54% of the company's stock.

About Mosaic

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.