The Mosaic Company (NYSE:MOS) has been assigned an average rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $25.23.
A number of equities analysts have recently weighed in on MOS shares. JPMorgan Chase started coverage on The Mosaic in a research report on Friday, January 12th. They set a “neutral” rating and a $26.00 target price on the stock. Royal Bank of Canada upped their target price on The Mosaic from $24.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Friday, January 12th. Zacks Investment Research lowered The Mosaic from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. Cowen reaffirmed a “hold” rating and set a $25.00 target price on shares of The Mosaic in a research report on Friday, January 12th. Finally, Stephens started coverage on The Mosaic in a research report on Friday, February 2nd. They set an “overweight” rating on the stock.
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Shares of MOS opened at $27.43 on Friday. The Mosaic has a 52-week low of $19.23 and a 52-week high of $29.20. The company has a current ratio of 2.27, a quick ratio of 1.51 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $9,481.83, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 2.62 and a beta of 1.25.
The Mosaic (NYSE:MOS) last issued its quarterly earnings results on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.07. The Mosaic had a positive return on equity of 3.90% and a negative net margin of 1.45%. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the firm earned $0.03 earnings per share. The company’s revenue was up 12.3% compared to the same quarter last year. equities analysts predict that The Mosaic will post 1.47 earnings per share for the current year.
In related news, Director Kelvin R. Westbrook purchased 1,200 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average cost of $27.63 per share, with a total value of $33,156.00. Following the transaction, the director now owns 1,200 shares of the company’s stock, valued at approximately $33,156. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Westpac Banking Corp raised its position in The Mosaic by 32.6% in the 4th quarter. Westpac Banking Corp now owns 107,355 shares of the basic materials company’s stock valued at $2,755,000 after buying an additional 26,390 shares during the last quarter. State of Alaska Department of Revenue grew its stake in The Mosaic by 32.3% in the 4th quarter. State of Alaska Department of Revenue now owns 71,980 shares of the basic materials company’s stock valued at $1,845,000 after purchasing an additional 17,560 shares during the period. Copper Rock Capital Partners LLC bought a new position in The Mosaic in the 4th quarter valued at $10,100,000. BP PLC bought a new position in The Mosaic in the 4th quarter valued at $4,107,000. Finally, The Manufacturers Life Insurance Company grew its stake in The Mosaic by 0.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 407,044 shares of the basic materials company’s stock valued at $10,444,000 after purchasing an additional 3,501 shares during the period. 80.80% of the stock is owned by institutional investors and hedge funds.
About The Mosaic
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.