The Mosaic Company (NYSE:MOS) Stock Has Average Target Price of $26.95

The Mosaic Company (NYSE:MOS – Get Free Report) has earned an average rating of “Hold” from the twenty-two brokerages that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $27.06.

A number of equities research analysts have recently issued reports on MOS shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $25.00 price objective (down from $27.00) on shares of Mosaic in a research note on Monday. Morgan Stanley lowered their price objective on shares of Mosaic from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, June 30th. BNP Paribas Exane dropped their price objective on Mosaic from $29.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 1st. KeyCorp began coverage on Mosaic in a research note on Thursday, September 10th. They set a “sector weight” rating for the company. Finally, Freedom Capital lowered Mosaic from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, August 13th.

View Our Latest Stock Analysis on Mosaic

Insider Activity

In other news, SVP Walter Precourt, III sold 23,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total value of $508,760.00. Following the transaction, the senior vice president owned 116,198 shares of the company’s stock, valued at approximately $2,570,299.76. This represents a 16.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is currently owned by corporate insiders.

Institutional Trading of Mosaic

Several hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in Mosaic by 38.0% in the 3rd quarter. GAMMA Investing LLC now owns 21,460 shares of the basic materials company’s stock valued at $465,000 after purchasing an additional 5,914 shares during the period. Farther Finance Advisors LLC increased its position in Mosaic by 136.3% during the third quarter. Farther Finance Advisors LLC now owns 15,352 shares of the basic materials company’s stock worth $332,000 after acquiring an additional 8,854 shares during the period. Plan A Wealth LLC increased its position in Mosaic by 4.0% during the third quarter. Plan A Wealth LLC now owns 16,105 shares of the basic materials company’s stock worth $349,000 after acquiring an additional 620 shares during the period. Ridgewood Investments LLC raised its stake in Mosaic by 10.2% in the 3rd quarter. Ridgewood Investments LLC now owns 61,736 shares of the basic materials company’s stock worth $1,337,000 after purchasing an additional 5,724 shares in the last quarter. Finally, CX Institutional raised its stake in Mosaic by 35.9% in the 3rd quarter. CX Institutional now owns 6,097 shares of the basic materials company’s stock worth $132,000 after purchasing an additional 1,612 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Performance

MOS opened at $19.71 on Tuesday. The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of -9.76, a P/E/G ratio of 5.48 and a beta of 0.91. The business’s 50-day moving average price is $23.46 and its two-hundred day moving average price is $23.18. Mosaic has a 1 year low of $19.63 and a 1 year high of $35.18. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43.

Mosaic (NYSE:MOS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.Mosaic’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 earnings per share. Equities analysts expect that Mosaic will post 0.36 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.88 annualized dividend and a yield of 4.5%. Mosaic’s dividend payout ratio (DPR) is -43.56%.

Mosaic Company Profile

(Get Free Report)

The Mosaic Company is a global producer and marketer of concentrated phosphate and potash crop nutrients. Its products are used by farmers to support plant growth, improve yields and replenish essential nutrients in agricultural soils. Mosaic also produces phosphate-based animal feed ingredients and other crop nutrition products.

Mosaic operates an integrated business that includes mining, processing, manufacturing and distribution. Its phosphate operations are primarily located in the United States, while its potash operations include mining assets in Canada and the United States.

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Analyst Recommendations for Mosaic (NYSE:MOS)

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