Shares of The Mosaic Company (NYSE:MOS – Get Rating) have been given a consensus rating of “Hold” by the nineteen analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $59.94.
Several analysts recently commented on the stock. Berenberg Bank cut shares of Mosaic from a “buy” rating to a “hold” rating and set a $50.00 price objective for the company. in a research note on Thursday, February 24th. Citigroup boosted their target price on shares of Mosaic from $49.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, March 22nd. Exane BNP Paribas downgraded shares of Mosaic from an “outperform” rating to a “neutral” rating and set a $82.00 target price for the company. in a report on Wednesday, April 20th. Stifel Nicolaus lifted their price target on shares of Mosaic from $49.00 to $55.00 and gave the company a “hold” rating in a research report on Tuesday, March 1st. Finally, UBS Group lifted their price target on shares of Mosaic from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, January 4th.
In related news, SVP Corrine D. Ricard sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 21st. The shares were sold at an average price of $67.00, for a total value of $670,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark J. Isaacson sold 40,094 shares of the stock in a transaction that occurred on Tuesday, February 8th. The stock was sold at an average price of $45.00, for a total transaction of $1,804,230.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 114,706 shares of company stock valued at $7,385,870. 0.57% of the stock is owned by insiders.
Shares of NYSE MOS traded down $4.52 during mid-day trading on Monday, reaching $62.25. The company had a trading volume of 518,317 shares, compared to its average volume of 8,851,825. The company has a current ratio of 1.11, a quick ratio of 0.54 and a debt-to-equity ratio of 0.31. The firm has a 50 day simple moving average of $62.21 and a two-hundred day simple moving average of $47.49. The stock has a market cap of $22.93 billion, a P/E ratio of 15.10, a PEG ratio of 0.80 and a beta of 1.62. Mosaic has a 52-week low of $28.26 and a 52-week high of $79.28.
Mosaic (NYSE:MOS – Get Rating) last released its earnings results on Tuesday, February 22nd. The basic materials company reported $1.95 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.95. Mosaic had a net margin of 13.19% and a return on equity of 18.45%. The company had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.93 billion. During the same quarter last year, the business earned $0.57 EPS. The business’s revenue was up 56.3% on a year-over-year basis. On average, equities analysts expect that Mosaic will post 12.27 EPS for the current year.
Mosaic announced that its Board of Directors has approved a stock buyback plan on Tuesday, February 22nd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the basic materials company to reacquire up to 6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.
Mosaic Company Profile (Get Rating)
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.
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