What is Scotiabank's Forecast for Mosaic FY2025 Earnings?

Key Points

• Scotiabank forecasts that Mosaic's FY2025 earnings per share (EPS) will be $3.19, significantly higher than the consensus estimate of $2.04 EPS for the current year.
• Mosaic reported a quarterly EPS of $0.51, missing the consensus estimate by $0.20, and had a revenue of $3.01 billion compared to expectations of $3.11 billion.
• Scotiabank maintains a "Sector Outperform" rating for Mosaic, with a price target increase from $39.00 to $43.00 by Oppenheimer analysts.

The Mosaic Company (NYSE:MOS - Free Report) - Equities research analysts at Scotiabank issued their FY2025 earnings per share (EPS) estimates for Mosaic in a research note issued to investors on Monday, August 11th. Scotiabank analyst B. Isaacson expects that the basic materials company will post earnings of $3.19 per share for the year. Scotiabank currently has a "Sector Outperform" rating and a $39.00 price target on the stock. The consensus estimate for Mosaic's current full-year earnings is $2.04 per share. Scotiabank also issued estimates for Mosaic's FY2026 earnings at $3.67 EPS.

Mosaic (NYSE:MOS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.20). The company had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm's quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.54 EPS.

A number of other equities research analysts have also recently commented on the stock. Oppenheimer reaffirmed an "outperform" rating and issued a $43.00 price target (up previously from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Royal Bank Of Canada restated an "outperform" rating on shares of Mosaic in a research note on Monday, July 14th. UBS Group boosted their price objective on Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Finally, CIBC boosted their price objective on Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Mosaic currently has a consensus rating of "Moderate Buy" and an average target price of $36.42.

Mosaic Price Performance

MOS opened at $31.88 on Thursday. Mosaic has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The firm has a 50-day moving average of $35.57 and a 200 day moving average of $30.95. The firm has a market cap of $10.11 billion, a P/E ratio of 10.83, a PEG ratio of 1.51 and a beta of 1.12. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of the firm'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 transaction, the senior vice president directly owned 128,546 shares in the company, valued at $4,592,948.58. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mosaic

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Mosaic in the 2nd quarter worth approximately $158,085,000. Boston Partners lifted its stake in shares of Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company's stock valued at $215,540,000 after purchasing an additional 2,368,094 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Mosaic by 24.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock valued at $271,382,000 after purchasing an additional 2,151,426 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Mosaic in the 1st quarter valued at approximately $54,953,000. Finally, Truist Financial Corp lifted its stake in shares of Mosaic by 13,275.9% in the 2nd quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company's stock valued at $73,793,000 after purchasing an additional 2,007,717 shares during the period. 77.54% of the stock is currently owned by institutional investors.

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.