Equities Analysts Set Expectations for Monsanto Company’s Q4 2017 Earnings (MON)

Monsanto Company (NYSE:MON) – Analysts at Jefferies Group decreased their Q4 2017 earnings per share (EPS) estimates for shares of Monsanto Company in a research report issued on Wednesday. Jefferies Group analyst L. Alexander now anticipates that the basic materials company will post earnings per share of ($0.43) for the quarter, down from their prior estimate of ($0.26). Jefferies Group currently has a “Hold” rating and a $128.00 target price on the stock.

Other equities analysts have also issued research reports about the company. UBS AG lowered Monsanto Company from a “positive” rating to a “neutral” rating in a research note on Tuesday, June 27th. Zacks Investment Research lowered Monsanto Company from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. BMO Capital Markets restated a “buy” rating and issued a $128.00 target price on shares of Monsanto Company in a research note on Wednesday, April 5th. Vetr lowered Monsanto Company from a “buy” rating to a “hold” rating and set a $118.00 target price for the company. in a research note on Monday, March 27th. Finally, Susquehanna Bancshares Inc restated a “neutral” rating and issued a $128.00 target price (up previously from $125.00) on shares of Monsanto Company in a research note on Tuesday, June 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $123.15.

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Monsanto Company (MON) opened at 117.10 on Friday. The stock has a market cap of $51.44 billion, a PE ratio of 25.29 and a beta of 1.08. The stock has a 50 day moving average price of $117.17 and a 200 day moving average price of $112.81. Monsanto Company has a 1-year low of $97.35 and a 1-year high of $118.87.

Monsanto Company (NYSE:MON) last posted its quarterly earnings results on Wednesday, June 28th. The basic materials company reported $1.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.74 by $0.19. Monsanto Company had a return on equity of 45.26% and a net margin of 14.11%. The firm had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.18 billion. During the same quarter in the previous year, the business earned $2.17 earnings per share. The company’s revenue was up 1.0% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, July 7th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Wednesday, July 5th. This represents a $2.16 annualized dividend and a dividend yield of 1.84%. Monsanto Company’s dividend payout ratio is presently 46.75%.

In related news, SVP Janet M. Holloway sold 3,337 shares of Monsanto Company stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $118.00, for a total value of $393,766.00. Following the completion of the transaction, the senior vice president now owns 44,405 shares in the company, valued at approximately $5,239,790. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Brett D. Begemann sold 80,940 shares of Monsanto Company stock in a transaction dated Monday, April 17th. The shares were sold at an average price of $116.13, for a total value of $9,399,562.20. Following the completion of the transaction, the chief operating officer now owns 148,247 shares of the company’s stock, valued at approximately $17,215,924.11. The disclosure for this sale can be found here. In the last 90 days, insiders sold 166,756 shares of company stock valued at $19,516,736. 0.79% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. LVM Capital Management Ltd. MI raised its position in shares of Monsanto Company by 13.9% in the second quarter. LVM Capital Management Ltd. MI now owns 2,462 shares of the basic materials company’s stock valued at $291,000 after buying an additional 300 shares in the last quarter. LeJeune Puetz Investment Counsel LLC raised its position in shares of Monsanto Company by 14.2% in the second quarter. LeJeune Puetz Investment Counsel LLC now owns 3,025 shares of the basic materials company’s stock valued at $358,000 after buying an additional 375 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its position in shares of Monsanto Company by 524.6% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 72,987 shares of the basic materials company’s stock valued at $8,639,000 after buying an additional 61,301 shares in the last quarter. St. Johns Investment Management Company LLC raised its position in shares of Monsanto Company by 16.5% in the second quarter. St. Johns Investment Management Company LLC now owns 6,296 shares of the basic materials company’s stock valued at $745,000 after buying an additional 892 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC raised its position in shares of Monsanto Company by 0.7% in the second quarter. Franklin Street Advisors Inc. NC now owns 77,860 shares of the basic materials company’s stock valued at $9,216,000 after buying an additional 540 shares in the last quarter. Hedge funds and other institutional investors own 74.87% of the company’s stock.

Monsanto Company Company Profile

Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and digital agriculture tools to farmers. The Company operates through two segments: Seeds and Genomics, and Agricultural Productivity.

Earnings History and Estimates for Monsanto Company (NYSE:MON)

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