Mosaic Company (The) (MOS) PT Raised to $24.00 at BMO Capital Markets

Mosaic Company (The) (NYSE:MOS) had its price target lifted by analysts at BMO Capital Markets from $23.00 to $24.00 in a research report issued on Wednesday, November 1st. The firm presently has a “market perform” rating on the basic materials company’s stock. BMO Capital Markets’ target price would suggest a potential upside of 3.09% from the company’s current price.

Several other research firms have also recently commented on MOS. Cleveland Research raised Mosaic Company (The) from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. Scotiabank raised Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, November 1st. Royal Bank Of Canada reissued a “hold” rating on shares of Mosaic Company (The) in a research note on Wednesday, October 18th. Zacks Investment Research cut Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price on shares of Mosaic Company (The) in a report on Thursday, October 12th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Mosaic Company (The) has an average rating of “Hold” and a consensus target price of $23.91.

Shares of Mosaic Company (NYSE:MOS) opened at $23.28 on Wednesday. The company has a current ratio of 1.78, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. Mosaic Company has a 1 year low of $19.23 and a 1 year high of $34.36. The firm has a market capitalization of $8,017.96, a price-to-earnings ratio of 22.39, a P/E/G ratio of 2.72 and a beta of 1.27.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.25 by $0.18. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. analysts predict that Mosaic Company will post 0.88 earnings per share for the current year.

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In related news, Director Robert L. Lumpkins bought 7,000 shares of the stock in a transaction dated Monday, August 21st. The stock was bought at an average price of $19.94 per share, with a total value of $139,580.00. Following the purchase, the director now owns 9,339 shares in the company, valued at approximately $186,219.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.38% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. YorkBridge Wealth Partners LLC grew its holdings in shares of Mosaic Company (The) by 13,636.4% during the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after acquiring an additional 6,000 shares during the period. Pacer Advisors Inc. grew its stake in shares of Mosaic Company (The) by 8.7% in the 2nd quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after buying an additional 587 shares during the last quarter. CrestPoint Capital Management LLC purchased a new stake in shares of Mosaic Company (The) in the 2nd quarter worth approximately $208,000. Greenwood Capital Associates LLC grew its stake in shares of Mosaic Company (The) by 30.5% in the 2nd quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock worth $216,000 after buying an additional 2,210 shares during the last quarter. Finally, Westover Capital Advisors LLC purchased a new stake in shares of Mosaic Company (The) in the 2nd quarter worth approximately $218,000. Hedge funds and other institutional investors own 77.68% of the company’s stock.

Mosaic Company (The) Company Profile

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.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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