Shares of Mosaic Co (NYSE:MOS) have been given an average rating of “Hold” by the nineteen research firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $25.48.
A number of equities research analysts have recently issued reports on MOS shares. Cowen reaffirmed a “hold” rating and set a $25.00 target price on shares of Mosaic in a research report on Friday, January 12th. JPMorgan Chase & Co. started coverage on Mosaic in a report on Friday, January 12th. They set a “neutral” rating and a $26.00 price target on the stock. Royal Bank of Canada lifted their price target on Mosaic from $24.00 to $28.00 and gave the company a “sector perform” rating in a report on Friday, January 12th. BMO Capital Markets reiterated a “market perform” rating and set a $26.00 price target (up previously from $24.00) on shares of Mosaic in a report on Wednesday, February 21st. Finally, Zacks Investment Research upgraded Mosaic from a “hold” rating to a “strong-buy” rating and set a $30.00 price target on the stock in a report on Monday, January 22nd.
In other news, Director Kelvin R. Westbrook bought 1,200 shares of the stock in a transaction on Tuesday, February 27th. The shares were purchased at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $33,156. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.38% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. SeaCrest Wealth Management LLC bought a new stake in shares of Mosaic during the 4th quarter worth about $106,000. Cerebellum GP LLC acquired a new position in shares of Mosaic during the 4th quarter worth about $130,000. Stuart Chaussee & Associates Inc. acquired a new position in shares of Mosaic during the 4th quarter worth about $138,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Mosaic by 60.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,000 shares of the basic materials company’s stock worth $154,000 after purchasing an additional 2,257 shares during the last quarter. Finally, Calton & Associates Inc. acquired a new position in shares of Mosaic during the 4th quarter worth about $181,000. Hedge funds and other institutional investors own 80.88% of the company’s stock.
Shares of Mosaic (NYSE:MOS) traded down $0.47 during trading on Friday, hitting $25.12. The stock had a trading volume of 1,249,816 shares, compared to its average volume of 5,150,054. The firm has a market capitalization of $9,162.38, a price-to-earnings ratio of -84.16, a PEG ratio of 2.04 and a beta of 1.26. The company has a quick ratio of 1.51, a current ratio of 2.27 and a debt-to-equity ratio of 0.51. Mosaic has a 12 month low of $19.23 and a 12 month high of $29.80.
Mosaic (NYSE:MOS) last announced its earnings results on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.07. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.91 billion. Mosaic had a positive return on equity of 3.90% and a negative net margin of 1.45%. Mosaic’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.03 earnings per share. equities analysts anticipate that Mosaic will post 1.35 earnings per share for the current fiscal year.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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