The Mosaic Company (NYSE:MOS) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Mosaic, with 11 hold, seven buy, and three sell ratings among 21 analysts. The average 12-month price target is $27.17.
• Recent analyst actions were mixed, with price targets ranging from $19 at JPMorgan to $30 from Rothschild & Co Redburn; Morgan Stanley also lowered its target to $26.
• Mosaic narrowly exceeded quarterly EPS estimates at $0.13 versus $0.12, but revenue fell 6% year over year to $2.82 billion, below the $3.10 billion consensus estimate.

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have earned an average rating of "Hold" from the twenty-one analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $27.1667.

Several brokerages recently weighed in on MOS. Morgan Stanley cut their price objective on shares of Mosaic from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Tuesday, June 30th. Mizuho set a $25.00 target price on shares of Mosaic in a research report on Wednesday, August 5th. Weiss Ratings reissued a "sell (d)" rating on shares of Mosaic in a research note on Friday, August 7th. JPMorgan Chase & Co. reduced their price target on Mosaic from $24.00 to $19.00 and set an "underweight" rating on the stock in a research report on Tuesday, May 12th. Finally, Rothschild & Co Redburn began coverage on Mosaic in a research report on Friday, June 26th. They issued a "buy" rating and a $30.00 price target on the stock.

Mosaic Stock Performance

Mosaic stock opened at $21.61 on Monday. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. Mosaic has a 1 year low of $19.80 and a 1 year high of $36.99. The company has a market cap of $6.87 billion, a PE ratio of -10.70, a PEG ratio of 3.78 and a beta of 0.82. The company's 50-day moving average is $22.09 and its two-hundred day moving average is $24.43.

Mosaic (NYSE:MOS - Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The company's revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 EPS. Equities analysts anticipate that Mosaic will post 0.56 earnings per share for the current year.

Hedge Funds Weigh In On Mosaic

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. raised its position in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 601 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Mosaic during the second quarter valued at approximately $31,000. SJS Investment Consulting Inc. grew its holdings in Mosaic by 72.9% during the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 525 shares during the period. Gen Wealth Partners Inc bought a new stake in Mosaic in the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc bought a new stake in Mosaic in the second quarter valued at approximately $34,000. Institutional investors own 77.54% of the company's stock.

About Mosaic

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source