The Mosaic Company (NYSE:MOS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of The Mosaic Company (NYSE:MOS) have been given a consensus recommendation of “Hold” by the twenty ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $27.4706.

MOS has been the topic of several recent analyst reports. Royal Bank Of Canada upgraded Mosaic from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. Morgan Stanley dropped their price target on shares of Mosaic from $35.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Barclays cut their price target on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, May 18th. Scotiabank reaffirmed an “outperform” rating and issued a $30.00 price objective on shares of Mosaic in a research report on Tuesday, May 19th. Finally, Weiss Ratings lowered shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th.

Mosaic Price Performance

Shares of NYSE MOS opened at $21.15 on Wednesday. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 163.14, a PEG ratio of 2.53 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. Mosaic has a fifty-two week low of $20.75 and a fifty-two week high of $38.23. The firm’s 50-day simple moving average is $23.63 and its 200 day simple moving average is $25.43.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.15). The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. As a group, research analysts anticipate that Mosaic will post 0.83 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its position in shares of Mosaic by 632.6% during the third quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock worth $291,348,000 after acquiring an additional 7,294,205 shares during the last quarter. Norges Bank purchased a new position in Mosaic during the 4th quarter valued at about $103,129,000. Invesco Ltd. increased its stake in shares of Mosaic by 28.9% during the fourth quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock worth $285,235,000 after buying an additional 2,653,969 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Mosaic by 252.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,240,652 shares of the basic materials company’s stock worth $82,637,000 after acquiring an additional 2,320,605 shares in the last quarter. Finally, Merewether Investment Management LP purchased a new position in Mosaic during the 2nd quarter worth approximately $72,380,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Company Profile

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.