The Mosaic Company (NYSE:MOS) Receives $27.11 Consensus Target Price from Brokerages

Shares of The Mosaic Company (NYSE:MOS) have been given a consensus rating of “Hold” by the twenty-one research firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $27.1111.

A number of research analysts recently commented on MOS shares. Royal Bank Of Canada raised Mosaic from a “sector perform” rating to an “outperform” rating and dropped their price target for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. Zacks Research upgraded Mosaic from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st. The Goldman Sachs Group lowered their price objective on Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. BNP Paribas Exane lowered their target price on Mosaic from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, July 1st. Finally, Morgan Stanley lowered their price target on shares of Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Tuesday, June 30th.

Mosaic Stock Down 2.2%

NYSE:MOS opened at $22.57 on Thursday. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The stock’s 50 day moving average price is $22.18 and its two-hundred day moving average price is $24.81. Mosaic has a twelve month low of $19.80 and a twelve month high of $37.08. The firm has a market capitalization of $7.17 billion, a price-to-earnings ratio of 173.67, a price-to-earnings-growth ratio of 3.11 and a beta of 0.82.

Mosaic (NYSE:MOS) last posted its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The firm’s revenue was up 14.4% compared to the same quarter last year. Equities research analysts expect that Mosaic will post 0.73 earnings per share for the current fiscal year.

Institutional Trading of Mosaic

Several large investors have recently made changes to their positions in MOS. NewEdge Advisors LLC raised its stake in shares of Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 380 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Mosaic during the first quarter valued at approximately $201,000. Empowered Funds LLC boosted its position in shares of Mosaic by 170.5% during the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock valued at $1,463,000 after buying an additional 34,151 shares during the last quarter. Woodline Partners LP grew its holdings in Mosaic by 40.7% during the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after buying an additional 7,760 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after buying an additional 601 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

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.