Mosaic - MOS Stock Forecast, Price & News

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. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant. In addition, it provides nitrogen-based crop nutrients, animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts. The Mosaic Company was incorporated in 2004 and is headquartered in Tampa, Florida.

Mosaic Price Performance

Shares of NYSE:MOS traded up $1.70 on Tuesday, reaching $54.01. The company's stock had a trading volume of 4,146,365 shares, compared to its average volume of 8,190,545. Mosaic has a 52-week low of $29.14 and a 52-week high of $79.28. The company has a market cap of $19.55 billion, a P/E ratio of 6.16, a PEG ratio of 0.54 and a beta of 1.62. The company has a 50-day simple moving average of $50.26 and a 200 day simple moving average of $55.79. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.65 and a current ratio of 1.30.

Mosaic (NYSE:MOS - Get Rating) last issued its quarterly earnings data on Monday, August 1st. The basic materials company reported $3.64 EPS for the quarter, missing analysts' consensus estimates of $3.94 by ($0.30). Mosaic had a return on equity of 30.83% and a net margin of 19.66%. The business had revenue of $5.37 billion during the quarter, compared to analysts' expectations of $5.62 billion. During the same period in the previous year, the business earned $1.17 earnings per share. The business's quarterly revenue was up 91.8% on a year-over-year basis. As a group, equities research analysts anticipate that Mosaic will post 13.78 EPS for the current fiscal year.

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 16th. Shareholders of record on Thursday, June 2nd were paid a $0.15 dividend. This is a boost from Mosaic's previous quarterly dividend of $0.11. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Wednesday, June 1st. Mosaic's dividend payout ratio (DPR) is presently 6.84%.

Wall Street Analyst Weigh In

MOS has been the topic of several recent research reports. Mizuho increased their price target on shares of Mosaic from $59.00 to $89.00 in a research report on Friday, April 29th. Citigroup upgraded shares of Mosaic from a "neutral" rating to a "buy" rating and set a $61.00 price target on the stock in a research report on Wednesday, August 3rd. Royal Bank of Canada increased their price objective on shares of Mosaic from $80.00 to $85.00 and gave the stock an "outperform" rating in a research note on Thursday, April 21st. Credit Suisse Group began coverage on shares of Mosaic in a research note on Thursday, July 14th. They issued an "outperform" rating and a $60.00 price objective for the company. Finally, Piper Sandler increased their price objective on shares of Mosaic from $80.00 to $85.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 31st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $65.29.

Insiders Place Their Bets

In other news, Director Denise C. Johnson sold 24,427 shares of the firm's stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $65.00, for a total value of $1,587,755.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.57% of the company's stock.