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

Shares of The Mosaic Company (NYSE:MOS) have received a consensus rating of “Hold” from the eighteen brokerages that are currently covering the company, Marketbeat Ratings reports. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $31.50.

A number of brokerages recently issued reports on MOS. BNP Paribas Exane decreased their price objective on shares of Mosaic from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Royal Bank Of Canada upped their price target on Mosaic from $27.00 to $29.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 20th. Barclays cut their price objective on shares of Mosaic from $35.00 to $31.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. Zacks Research upgraded Mosaic from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, Wells Fargo & Company dropped their price target on shares of Mosaic from $28.00 to $27.00 and set an “equal weight” rating for the company in a research report on Friday, January 23rd.

Mosaic Trading Down 1.1%

Shares of NYSE:MOS opened at $28.14 on Thursday. The firm has a fifty day moving average of $25.20 and a two-hundred day moving average of $29.70. The company has a quick ratio of 0.40, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. Mosaic has a 12-month low of $22.36 and a 12-month high of $38.23. The firm has a market capitalization of $8.93 billion, a P/E ratio of 7.29, a price-to-earnings-growth ratio of 1.28 and a beta of 0.94.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.87 billion. During the same period last year, the business earned $0.34 EPS. The business’s quarterly revenue was up 22.8% on a year-over-year basis. On average, equities analysts expect that Mosaic will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.1%. Mosaic’s dividend payout ratio (DPR) is 22.80%.

Institutional Investors Weigh In On Mosaic

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. grew its holdings in shares of Mosaic by 172.5% during the second quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 433 shares during the last quarter. Rothschild Investment LLC grew its position in shares of Mosaic by 650.0% during the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after buying an additional 650 shares during the period. Rexford Capital Inc. bought a new stake in Mosaic in the second quarter valued at approximately $28,000. True Wealth Design LLC increased its position in shares of Mosaic by 1,819.0% in the 3rd quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock valued at $28,000 after buying an additional 764 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Mosaic in the second quarter worth about $31,000. 77.54% of the stock is owned by institutional investors and hedge funds.

About Mosaic

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.