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 MOS Stock traded up $0.77 on Thursday, reaching $54.76. 2,761,945 shares of the company were exchanged, compared to its average volume of 8,122,646. The company has a market cap of $19.82 billion, a price-to-earnings ratio of 6.27, a P/E/G ratio of 0.58 and a beta of 1.62. The business has a 50-day moving average price of $50.16 and a 200 day moving average price of $55.78. 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 has a 1 year low of $29.14 and a 1 year high of $79.28.

Mosaic (NYSE:MOS - Get Rating) last announced its quarterly earnings data on Monday, August 1st. The basic materials company reported $3.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.94 by ($0.30). Mosaic had a net margin of 19.66% and a return on equity of 30.83%. The business had revenue of $5.37 billion for the quarter, compared to analysts' expectations of $5.62 billion. During the same period in the prior year, the company posted $1.17 EPS. The firm's revenue was up 91.8% on a year-over-year basis. Equities research analysts forecast that Mosaic will post 13.31 earnings per share for the current fiscal year.

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 16th. Investors of record on Thursday, June 2nd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Wednesday, June 1st. This is a boost from Mosaic's previous quarterly dividend of $0.11. Mosaic's dividend payout ratio is currently 6.84%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MOS shares. Exane BNP Paribas downgraded shares of Mosaic from an "outperform" rating to a "neutral" rating and set a $82.00 target price for the company. in a research report on Wednesday, April 20th. Citigroup upgraded shares of Mosaic from a "neutral" rating to a "buy" rating and set a $61.00 target price for the company in a research report on Wednesday, August 3rd. Barclays decreased their target price on shares of Mosaic from $59.00 to $52.00 and set an "underweight" rating for the company in a research report on Wednesday. BNP Paribas downgraded shares of Mosaic from an "outperform" rating to a "neutral" rating and set a $82.00 target price for the company. in a research report on Wednesday, April 20th. Finally, Royal Bank of Canada boosted their target price on shares of Mosaic from $80.00 to $85.00 and gave the company an "outperform" rating in a research report on Thursday, April 21st. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $64.88.

Insider Activity at Mosaic

In related news, Director Denise C. Johnson sold 24,427 shares of the company's stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $65.00, for a total transaction of $1,587,755.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.