Mosaic (MOS) Set to Announce Quarterly Earnings on Wednesday

Mosaic (NYSE:MOS) will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.11). The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.09 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. Mosaic’s revenue for the quarter was down 29.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.74 EPS. On average, analysts expect Mosaic to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mosaic Stock Down 1.1 %

Shares of NYSE:MOS opened at $30.41 on Wednesday. The company has a market capitalization of $9.78 billion, a PE ratio of 8.71, a price-to-earnings-growth ratio of 1.58 and a beta of 1.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.57 and a current ratio of 1.22. The company has a fifty day moving average of $31.51 and a 200-day moving average of $33.38. Mosaic has a 52-week low of $29.25 and a 52-week high of $44.44.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be issued a $0.21 dividend. The ex-dividend date is Thursday, June 6th. This represents a $0.84 dividend on an annualized basis and a yield of 2.76%. Mosaic’s dividend payout ratio (DPR) is presently 24.07%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MOS. Mizuho downgraded shares of Mosaic from a “buy” rating to a “neutral” rating and dropped their price target for the company from $42.00 to $34.00 in a research note on Wednesday, January 24th. TheStreet downgraded Mosaic from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th. Wolfe Research began coverage on Mosaic in a research note on Friday, March 1st. They issued an “outperform” rating and a $39.00 price target for the company. Scotiabank raised Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 price objective on the stock in a research note on Thursday, February 22nd. Finally, The Goldman Sachs Group decreased their target price on shares of Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.27.

Mosaic Company Profile

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.