$0.34 EPS Expected for Mosaic Co (NYSE:MOS) This Quarter

Analysts expect Mosaic Co (NYSE:MOS) to post earnings of $0.34 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Mosaic’s earnings. The lowest EPS estimate is $0.28 and the highest is $0.39. Mosaic reported earnings of $0.40 per share during the same quarter last year, which indicates a negative year over year growth rate of 15%. The business is scheduled to announce its next quarterly earnings report after the market closes on Monday, August 5th.

According to Zacks, analysts expect that Mosaic will report full year earnings of $1.65 per share for the current year, with EPS estimates ranging from $1.15 to $1.85. For the next financial year, analysts forecast that the firm will report earnings of $2.36 per share, with EPS estimates ranging from $1.67 to $2.78. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Mosaic.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Monday, May 6th. The basic materials company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.86 billion. Mosaic had a return on equity of 7.88% and a net margin of 5.85%. Mosaic’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share.

A number of research analysts recently commented on the company. Citigroup boosted their price target on PVH from $120.00 to $128.00 and gave the company a “neutral” rating in a research note on Friday, March 29th. Morgan Stanley dropped their price target on Virtus Investment Partners from $121.00 to $118.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 9th. Barclays reaffirmed a “buy” rating on shares of Ultragenyx Pharmaceutical in a research note on Thursday, May 9th. Bank of America boosted their target price on Visa from $177.00 to $192.00 and gave the stock a “buy” rating in a research note on Monday, June 17th. Finally, TheStreet downgraded Trade Desk from a “b-” rating to a “c-” rating in a research note on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. Mosaic presently has a consensus rating of “Hold” and an average price target of $32.57.

In other news, CFO Clint Freeland acquired 4,250 shares of the stock in a transaction dated Friday, May 10th. The stock was bought at an average price of $23.60 per share, with a total value of $100,300.00. Following the completion of the purchase, the chief financial officer now directly owns 4,250 shares of the company’s stock, valued at approximately $100,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Emery N. Koenig acquired 2,089 shares of the stock in a transaction dated Friday, May 10th. The stock was purchased at an average cost of $23.95 per share, with a total value of $50,031.55. Following the purchase, the director now directly owns 25,244 shares of the company’s stock, valued at $604,593.80. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 17,339 shares of company stock valued at $414,182. Insiders own 0.51% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC increased its stake in shares of Mosaic by 0.8% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 53,888 shares of the basic materials company’s stock valued at $1,472,000 after buying an additional 443 shares during the period. BMT Investment Advisors boosted its holdings in Mosaic by 0.9% in the first quarter. BMT Investment Advisors now owns 50,902 shares of the basic materials company’s stock valued at $1,390,000 after acquiring an additional 471 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Mosaic by 4.8% in the first quarter. Assenagon Asset Management S.A. now owns 10,900 shares of the basic materials company’s stock valued at $298,000 after acquiring an additional 500 shares during the last quarter. Tocqueville Asset Management L.P. boosted its holdings in Mosaic by 2.1% in the first quarter. Tocqueville Asset Management L.P. now owns 24,475 shares of the basic materials company’s stock valued at $668,000 after acquiring an additional 500 shares during the last quarter. Finally, Wellington Shields & Co. LLC boosted its holdings in Mosaic by 4.4% in the first quarter. Wellington Shields & Co. LLC now owns 11,800 shares of the basic materials company’s stock valued at $322,000 after acquiring an additional 500 shares during the last quarter. 74.79% of the stock is owned by institutional investors.

MOS stock opened at $24.22 on Tuesday. The firm has a market capitalization of $9.34 billion, a P/E ratio of 11.42, a PEG ratio of 2.10 and a beta of 1.57. The company has a 50-day moving average of $23.35. Mosaic has a 52 week low of $20.81 and a 52 week high of $37.37. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.66 and a current ratio of 1.73.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. 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.

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