The Mosaic Company (NYSE:MOS) Receives Consensus Recommendation of “Hold” from Brokerages

The Mosaic Company (NYSE:MOS) has been given an average recommendation of “Hold” by the fourteen analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $37.73.

Several research firms recently issued reports on MOS. Scotiabank dropped their price target on shares of Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a research note on Monday, May 6th. Barclays dropped their price target on shares of Mosaic from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, May 13th. Royal Bank of Canada dropped their price target on shares of Mosaic from $35.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Monday, May 6th. UBS Group dropped their price target on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Piper Sandler dropped their price target on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a research note on Tuesday, June 11th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of MOS. Highlander Capital Management LLC boosted its holdings in shares of Mosaic by 515.4% in the 1st quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock valued at $26,000 after buying an additional 670 shares during the period. Denali Advisors LLC boosted its holdings in shares of Mosaic by 100.5% in the 4th quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock valued at $30,000 after buying an additional 414 shares during the period. Mather Group LLC. acquired a new position in shares of Mosaic in the 1st quarter valued at about $40,000. Fidelis Capital Partners LLC acquired a new position in shares of Mosaic in the 1st quarter valued at about $50,000. Finally, Janiczek Wealth Management LLC boosted its holdings in shares of Mosaic by 28.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after buying an additional 318 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Performance

Shares of MOS stock opened at $26.91 on Wednesday. The company’s fifty day simple moving average is $29.12 and its 200-day simple moving average is $31.01. Mosaic has a 52 week low of $26.67 and a 52 week high of $42.81. The company has a current ratio of 1.16, a quick ratio of 0.51 and a debt-to-equity ratio of 0.26. The company has a market cap of $8.66 billion, a PE ratio of 11.45, a P/E/G ratio of 1.50 and a beta of 1.41.

Mosaic (NYSE:MOS) last issued its earnings results on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.88 billion. During the same period in the prior year, the business posted $1.14 EPS. The business’s revenue was down 25.7% on a year-over-year basis. As a group, equities research analysts anticipate that Mosaic will post 2.57 EPS for the current year.

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.