Analysts Expect The Mosaic Company (MOS) Will Announce Earnings of $0.37 Per Share

Brokerages expect that The Mosaic Company (NYSE:MOS) will announce earnings per share (EPS) of $0.37 for the current quarter, according to Zacks. Two analysts have made estimates for The Mosaic’s earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.32. The Mosaic reported earnings of $0.29 per share in the same quarter last year, which suggests a positive year over year growth rate of 27.6%. The business is scheduled to report its next quarterly earnings report on Tuesday, August 7th.

According to Zacks, analysts expect that The Mosaic will report full-year earnings of $1.47 per share for the current financial year, with EPS estimates ranging from $1.36 to $1.55. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.93 per share, with EPS estimates ranging from $1.37 to $2.73. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow The Mosaic.

The Mosaic (NYSE:MOS) last announced its earnings results on Monday, May 7th. The basic materials company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). The Mosaic had a negative net margin of 0.82% and a positive return on equity of 4.44%. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.85 billion. During the same period in the prior year, the company earned $0.04 earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis.



Several brokerages have recently commented on MOS. Cowen upped their target price on The Mosaic from $32.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, May 18th. BMO Capital Markets upped their target price on The Mosaic from $26.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, May 9th. Credit Suisse Group upped their target price on The Mosaic from $20.00 to $22.00 and gave the company an “underperform” rating in a report on Wednesday, May 9th. Royal Bank of Canada raised The Mosaic from a “sector perform” rating to an “outperform” rating and reduced their target price for the company from $32.00 to $30.00 in a report on Thursday, May 10th. Finally, Stifel Nicolaus upped their target price on The Mosaic from $28.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, May 15th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The Mosaic presently has an average rating of “Hold” and a consensus target price of $27.37.

In other news, Director Kelvin R. Westbrook bought 1,200 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were bought at an average cost of $27.63 per share, with a total value of $33,156.00. Following the transaction, the director now directly owns 1,200 shares in the company, valued at approximately $33,156. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert L. Lumpkins bought 4,655 shares of the company’s stock in a transaction on Wednesday, May 2nd. The stock was purchased at an average cost of $27.14 per share, for a total transaction of $126,336.70. Following the completion of the transaction, the director now owns 13,994 shares in the company, valued at $379,797.16. The disclosure for this purchase can be found here. 0.45% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of MOS. Point72 Asia Hong Kong Ltd acquired a new position in The Mosaic in the 1st quarter worth about $105,000. SeaCrest Wealth Management LLC acquired a new position in The Mosaic in the 4th quarter worth about $106,000. Penserra Capital Management LLC increased its position in The Mosaic by 296.8% in the 1st quarter. Penserra Capital Management LLC now owns 4,166 shares of the basic materials company’s stock worth $107,000 after purchasing an additional 3,116 shares during the last quarter. Stuart Chaussee & Associates Inc. acquired a new position in The Mosaic in the 4th quarter worth about $138,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in The Mosaic by 60.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,000 shares of the basic materials company’s stock worth $154,000 after purchasing an additional 2,257 shares during the last quarter. 79.49% of the stock is currently owned by institutional investors.

Shares of The Mosaic traded up $0.17, hitting $28.03, during mid-day trading on Friday, according to Marketbeat Ratings. 2,934,761 shares of the company traded hands, compared to its average volume of 4,729,973. The Mosaic has a 1 year low of $19.23 and a 1 year high of $29.20. The company has a market cap of $10.80 billion, a price-to-earnings ratio of 25.72, a P/E/G ratio of 2.73 and a beta of 1.25. The company has a quick ratio of 0.80, a current ratio of 1.73 and a debt-to-equity ratio of 0.45.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 21st. Investors of record on Thursday, June 7th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.36%. The ex-dividend date is Wednesday, June 6th. The Mosaic’s dividend payout ratio is currently 9.17%.

About The Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.

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