The Mosaic Company (NYSE:MOS) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Mosaic has a consensus analyst rating of "Hold", based on 19 brokerages; the average 12-month price target is about $29.31.
• The company recently reported Q1 earnings of $0.22 per share, missing estimates of $0.48, while revenue of $2.97 billion also came in slightly below expectations.
• Mosaic announced a quarterly dividend of $0.22 per share, equivalent to an annualized yield of about 4.0%.

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have earned an average rating of "Hold" from the nineteen brokerages that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $29.3125.

A number of equities research analysts have recently issued reports on the stock. Oppenheimer set a $35.00 price target on shares of Mosaic in a report on Friday, January 16th. Bank of America cut shares of Mosaic from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $33.00 to $30.00 in a research report on Friday, March 20th. Wall Street Zen downgraded shares of Mosaic from a "hold" rating to a "sell" rating in a research note on Saturday, March 7th. Canadian Imperial Bank of Commerce reduced their target price on Mosaic from $32.00 to $27.00 and set a "neutral" rating for the company in a report on Thursday, April 30th. Finally, Scotiabank decreased their target price on Mosaic from $35.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, April 20th.

Institutional Investors Weigh In On Mosaic

Several large investors have recently made changes to their positions in MOS. Dorsey Wright & Associates bought a new stake in Mosaic during the 3rd quarter valued at about $4,170,000. Wedge Capital Management L L P NC lifted its stake in shares of Mosaic by 87.5% in the fourth quarter. Wedge Capital Management L L P NC now owns 376,905 shares of the basic materials company's stock worth $9,080,000 after buying an additional 175,914 shares in the last quarter. Barclays PLC grew its holdings in shares of Mosaic by 55.6% during the third quarter. Barclays PLC now owns 1,606,609 shares of the basic materials company's stock valued at $55,717,000 after buying an additional 574,352 shares during the last quarter. Algert Global LLC grew its holdings in shares of Mosaic by 26.3% during the third quarter. Algert Global LLC now owns 380,138 shares of the basic materials company's stock valued at $13,183,000 after buying an additional 79,222 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Mosaic during the fourth quarter valued at approximately $1,302,000. Institutional investors own 77.54% of the company's stock.

Mosaic Trading Down 3.1%

Shares of MOS stock opened at $22.21 on Friday. Mosaic has a 1 year low of $22.17 and a 1 year high of $38.23. The firm has a market capitalization of $7.05 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 1.37 and a beta of 0.79. The stock has a fifty day moving average of $25.63 and a two-hundred day moving average of $26.17. 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 posted its quarterly earnings data on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.26). The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. Mosaic had a net margin of 4.49% and a return on equity of 5.80%. The company's revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business earned $0.45 earnings per share. As a group, research analysts expect that Mosaic will post 1.56 EPS for the current year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.0%. Mosaic's dividend payout ratio (DPR) is 52.07%.

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.

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