The Mosaic Company (NYSE:MOS) Given Average Rating of “Moderate Buy” by Brokerages

The Mosaic Company (NYSE:MOS) has earned an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the company, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $31.7333.

MOS has been the topic of a number of research analyst reports. UBS Group reduced their price objective on shares of Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. JPMorgan Chase & Co. cut their target price on shares of Mosaic from $26.00 to $24.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Bank of America decreased their price target on Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a research note on Tuesday, October 14th. The Goldman Sachs Group lowered their price objective on Mosaic from $37.00 to $33.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Finally, HSBC cut their price objective on Mosaic from $35.00 to $26.00 and set a “hold” rating on the stock in a research note on Monday, November 24th.

Mosaic Price Performance

Shares of NYSE MOS opened at $26.51 on Friday. The company has a quick ratio of 0.40, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. Mosaic has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The business has a 50 day moving average price of $24.75 and a two-hundred day moving average price of $30.64. The firm has a market cap of $8.41 billion, a PE ratio of 6.87, a price-to-earnings-growth ratio of 0.72 and a beta of 0.94.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The company had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.87 billion. During the same period in the prior year, the business posted $0.34 EPS. The business’s revenue was up 22.8% on a year-over-year basis. Sell-side analysts expect that Mosaic will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, March 9th. Mosaic’s dividend payout ratio is currently 22.80%.

Institutional Trading of Mosaic

Several institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its position in shares of Mosaic by 172.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after buying an additional 433 shares during the last quarter. Bangor Savings Bank acquired a new stake in Mosaic during the second quarter worth about $26,000. Rothschild Investment LLC raised its stake in Mosaic by 650.0% during the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 650 shares during the period. Rexford Capital Inc. bought a new position in Mosaic in the second quarter worth about $28,000. Finally, True Wealth Design LLC boosted its stake in Mosaic by 1,819.0% in the third quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 764 shares during the period. Institutional investors own 77.54% of the company’s stock.

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.