The Mosaic Company (MOS:NYE) has been given a “Hold” consensus rating by analysts, according to a report by Marketbeat Ratings. The average one-year target price among analysts who have updated their coverage on the MOS stock in the last year is $55.86.
MOS Stock-Analyst Ratings:
MOS has been the subject of several recent analyst reports. On April 14th, Barclays raised the company’s shares from “underweight” to “equal weight” and increased the price target from $52.00 to $54.00.
On April 13th, the Royal Bank of Canada lowered the target price from $110.00 to $100.00 and issued an “outperform” rating on the MOS stock.
On April 6th, JPMorgan Chase & Co. downgraded MOS from “overweight” to “neutral” and lowered the target price from $60.00 to $46.00.
On January 13th, BNP Paribas downgraded MOS from “neutral” to “underperform” and set a $42.00 target price.
Finally, on February 27th, Citigroup raised the target price from $50.00 to $53.00 and gave the stock a “neutral” rating.
Hedge Funds & Institutional Holdings:
Several institutional investors have recently changed their holdings of MOS. Ellevest Inc. increased its holdings in Mosaic by 32.0% in the first quarter, while Vectors Research Management LLC bought a new position in the same period.
Treasurer of the State of North Carolina increased its holdings by 4.5% in the first quarter, and Barclays PLC grew its holdings by 28.7%. Finally, Achmea Investment Management B.V. increased its holdings in MOS by 80.4% in the first quarter. Approximately 85.00% of the MOS stock is owned by institutional investors.
MOS Stock Price Analysis:
On Friday, MOS shares opened at $38.59. The company has a quick ratio of 0.54 and a current ratio of 1.18. It has a debt-to-equity ratio of 0.20 and a market cap of $12.99 billion. MOS stock has a 12-month low of $38.30 and a 12-month high of $68.65. The company’s 50-day moving average is $46.60, and its 200-day moving average is $48.06.
Quarterly Earnings Review:
Mosaic reported its quarterly earnings on May 3rd, with the basic materials company posting $1.14 earnings per share for the quarter. This missed the consensus estimate of $1.28 by ($0.14). Mosaic’s return on equity for the quarter was 33.04%, and its net margin was 18.73%.
The company reported $3.60 billion in revenue during the quarter, compared to a consensus estimate of $3.26 billion. In the same period last year, MOS earned $2.41 EPS. Its revenue was down 8.1% compared to the same quarter last year. Analysts predict that Mosaic will post $6.28 EPS for the current year.
MOS Stock Dividend:
Mosaic recently announced a quarterly dividend of $0.20 per share, payable on June 15th to shareholders of record on June 1st. The ex-dividend date for this dividend is May 31st. The company’s dividend payout ratio is 8.02%.
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.
The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts. The Mosaic Company was incorporated in 2004 and is headquartered in Tampa, Florida.