$2.19 Earnings Per Share Expected for Monsanto (MON) This Quarter

Equities research analysts predict that Monsanto (NYSE:MON) will report earnings of $2.19 per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Monsanto’s earnings, with the highest EPS estimate coming in at $2.56 and the lowest estimate coming in at $2.05. Monsanto posted earnings per share of $1.93 during the same quarter last year, which suggests a positive year-over-year growth rate of 13.5%. The company is scheduled to announce its next quarterly earnings results on Wednesday, June 27th.

According to Zacks, analysts expect that Monsanto will report full year earnings of $5.70 per share for the current year, with EPS estimates ranging from $5.50 to $6.00. For the next financial year, analysts anticipate that the business will post earnings of $6.30 per share, with EPS estimates ranging from $5.50 to $7.00. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Monsanto.

Monsanto (NYSE:MON) last posted its quarterly earnings results on Thursday, April 5th. The basic materials company reported $3.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.31 by ($0.09). Monsanto had a net margin of 17.07% and a return on equity of 37.31%. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $5.34 billion. During the same period in the previous year, the business posted $3.19 EPS. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year.



Several analysts recently issued reports on the stock. BMO Capital Markets downgraded shares of Monsanto from an “outperform” rating to a “market perform” rating in a research report on Tuesday. ValuEngine raised shares of Monsanto from a “hold” rating to a “buy” rating in a research report on Monday. Zacks Investment Research downgraded shares of Monsanto from a “hold” rating to a “sell” rating in a research report on Monday. Sanford C. Bernstein reaffirmed a “neutral” rating and set a $119.00 price objective on shares of Monsanto in a report on Monday. Finally, Wells Fargo reaffirmed a “market perform” rating and set a $128.00 price objective (up from $118.00) on shares of Monsanto in a report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $126.61.

Large investors have recently modified their holdings of the stock. Gradient Investments LLC purchased a new position in shares of Monsanto in the 4th quarter worth about $108,000. Americafirst Capital Management LLC bought a new stake in Monsanto in the 3rd quarter valued at about $148,000. Elkfork Partners LLC bought a new stake in Monsanto in the 4th quarter valued at about $162,000. Truewealth LLC bought a new stake in Monsanto in the 4th quarter valued at about $163,000. Finally, Flinton Capital Management LLC raised its stake in Monsanto by 90.9% in the 4th quarter. Flinton Capital Management LLC now owns 1,764 shares of the basic materials company’s stock valued at $206,000 after acquiring an additional 840 shares during the period. 76.31% of the stock is currently owned by institutional investors.

NYSE MON opened at $125.20 on Thursday. Monsanto has a 12-month low of $114.19 and a 12-month high of $126.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.41 and a quick ratio of 0.85. The firm has a market capitalization of $55,104.51, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 2.09 and a beta of 0.96.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Friday, April 6th will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Thursday, April 5th. Monsanto’s dividend payout ratio (DPR) is currently 39.27%.

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About Monsanto

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands.

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Earnings History and Estimates for Monsanto (NYSE:MON)

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