The Mosaic Company (NYSE:MOS) Receives Consensus Rating of "Hold" from Analysts

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have been assigned an average rating of "Hold" from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $33.22.

A number of equities analysts recently issued reports on the company. Wells Fargo & Company lowered their price target on Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a report on Tuesday, September 24th. Royal Bank of Canada reissued a "sector perform" rating and set a $30.00 price target on shares of Mosaic in a report on Thursday, November 14th. Mizuho raised their price target on Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Finally, Barclays lowered their price objective on Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Friday, October 11th.

Mosaic Stock Performance

Shares of MOS traded up $0.73 during midday trading on Friday, reaching $26.46. 6,004,627 shares of the stock were exchanged, compared to its average volume of 4,358,297. The business's 50-day moving average price is $26.44 and its 200 day moving average price is $27.66. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. Mosaic has a twelve month low of $24.11 and a twelve month high of $38.30. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 1.78 and a beta of 1.35.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.24). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same quarter last year, the firm posted $0.68 EPS. The firm's revenue for the quarter was down 20.8% on a year-over-year basis. On average, sell-side analysts expect that Mosaic will post 2.07 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.17%. Mosaic's payout ratio is 74.34%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Blue Trust Inc. raised its position in shares of Mosaic by 40.0% during the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company's stock worth $36,000 after purchasing an additional 351 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Mosaic by 1.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock worth $625,000 after purchasing an additional 354 shares during the last quarter. Moors & Cabot Inc. raised its holdings in Mosaic by 5.0% in the 2nd quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company's stock valued at $230,000 after acquiring an additional 382 shares during the last quarter. CVA Family Office LLC raised its holdings in Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after acquiring an additional 384 shares during the last quarter. Finally, CX Institutional raised its holdings in Mosaic by 1.5% in the 2nd quarter. CX Institutional now owns 28,480 shares of the basic materials company's stock valued at $823,000 after acquiring an additional 418 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

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.