The stock of The Mosaic Corporation, which is traded on the New York Stock Exchange (NYSE: MOS), has been given an average rating of “Hold” by the fifteen different brokerages currently covering the company, as reported by Bloomberg Ratings. Four analysts have recommended that investors sell their shares of the company’s stock, seven suggested that investors maintain their current holdings, and two recommended that investors buy the stock.
The price target for the next year that has been set by brokerage firms that have released reports on the stock in the previous year is $55.50 on average, and these firms have set it for the next 12 months.
On Thursday, February 23, Mosaic’s most recent quarterly earnings report (NYSE: MOS) was made public for public consumption.
The company that deals in basic materials reported quarterly earnings per share (EPS) of $1.74, which came in significantly lower than the consensus estimate of $2.08, a difference of $0.34.
The revenue for the quarter came in at $4.48 billion, which is higher than the consensus estimate of $4.22 billion for the revenue that should be generated during the quarter.
The return on equity for Mosaic was 33.04 percent, and the net margin for the company was 18.73%.
Mosaic’s revenue growth was 16.7% higher than expected compared to the previous quarter.
The company reported $1.95 per share in the prior year’s financial statements for the same quarter.
It is anticipated by those who follow the markets that Mosaic will generate earnings of 7.79 cents per share this year.
On Thursday, a share of MOS stock was trading for $44.74 on the NYSE.
The current ratio to the quick ratio is 1.18; the current ratio to the quick ratio is 0.54, and the debt to equity ratio is 0.20%.
The price of the stock has reached $49.67, which corresponds to its 50-day moving average, and $50.00, which corresponds to its 200-day moving average.
The enterprise has a price-to-earnings ratio of 4.48, a price-to-earnings-to-growth ratio of 0.90, and a beta of 1.53; its current market capitalization is $15.05 billion.
These measurements point to the fact that the company has a high market value.
In the period covered by this analysis, the price of Mosaic hit an all-time high of $79.28 and an all-time low of $79.28.
MOS has, as of late, been the focus of commentary from a selection of brokerages.
In a research report on Friday, February 24, Mizuho raised their target price on Mosaic from $57.00 to $60.00, giving the stock a “buy” rating.
The report was about Mosaic.
The recommendation for Mosaic was changed from “buy” to “hold” in a research note published by StockNews.com on Friday, February 24.
Piper Sandler decreased their target price for Mosaic from $75 to $65.00 in a research note that was published on Tuesday, November 22.
Despite this change, they maintained their “overweight” stock rating throughout this process.
In a research note published on Monday, February 27, Bank of America announced they would increase their target price for Mosaic from $65.00 to $69.00.
This change comes as a result of the company’s expectation that the price of cryptocurrency will continue to rise. UBS Group moved Mosaic from a “neutral” rating to a “buy” rating and increased their price objective on the stock from $50.00 to $52.00 in a research note published on Thursday, February 23.
In addition, they raised their price objective on the stock from $40.00 to $45.00.
In addition, the company recently announced that it would be distributing a quarterly dividend on Thursday, June 15.
The dividend was declared by the company not long ago.
Those shareholders who submitted their records by June 1 will be eligible to receive a dividend payment of $0.20 if the company meets certain requirements.
This leads to a dividend yield of 1.79% and a dividend payment of $0.80 per year as a direct consequence of this situation. On May 31, a decision will be made regarding whether or not this dividend will be distributed to shareholders. Currently, 8.02 percent of Mosaic’s earnings are paid out as dividends.
In the most recent few months, several well-known shareholders have revised the percentages of ownership in the company they currently hold.
During the third quarter, the State Street Corporation achieved a 4.1% increase in its ownership stake in Mosaic. State Street Corp. now holds 17,436,703 shares of the basic materials company’s stock, following the purchase of an additional 683,104 shares during the most recent quarter.
The stock is currently valued at $842,716,000.
During the first three months of the year, Capital International Investors contributed to Mosaic $412,663,000.
During the second quarter, Northern Trust Corporation completed the purchase of an additional 7.3% of Mosaic’s outstanding shares. Following the acquisition of an additional 412,104 shares during the most recent quarter, Northern Trust Corp. now holds 6,045,973 shares of the company specializing in primary materials.
The value of these shares on the market currently is $285,551,000.
During the third quarter, The Neuberger Berman Group LLC increased the amount of Mosaic stock owned by 37.4% from the previous quarter. Neuberger Berman Group LLC is now the owner of a total of 4,949,338 shares of the basic materials company’s stock.
These shares are estimated to have a market value of $239,209,000, and Neuberger Berman Group LLC purchased an additional 1,346,086 of these shares during the most recent quarter. yastmastmastmastmastmastmastmastmas, and.
Morgan Stanley currently holds 4,840,578 shares of the stock held by the basic materials company after purchasing an additional 85,994 shares during the most recent fiscal quarter.
The value of these shares on the market as of right now is $212,356,000.
Most of the company’s stock is owned by institutional investors and hedge funds, which account for 85 percent of the total.