Mosaic Company (The) (NYSE:MOS) Rating Reiterated by BMO Capital Markets

BMO Capital Markets reiterated their market perform rating on shares of Mosaic Company (The) (NYSE:MOS) in a research report sent to investors on Wednesday, August 2nd. BMO Capital Markets currently has a $25.00 target price on the basic materials company’s stock, down from their previous target price of $26.00.

A number of other equities analysts have also commented on MOS. Royal Bank Of Canada decreased their price target on shares of Mosaic Company (The) from $25.00 to $23.00 and set a sector perform rating on the stock in a report on Wednesday, August 2nd. Credit Suisse Group AG set a $20.00 price target on shares of Mosaic Company (The) and gave the stock a sell rating in a report on Saturday, April 15th. Stifel Nicolaus reissued a hold rating and issued a $27.00 price target on shares of Mosaic Company (The) in a report on Friday, July 14th. BidaskClub lowered shares of Mosaic Company (The) from a hold rating to a sell rating in a report on Friday, July 28th. Finally, Citigroup Inc. cut their price objective on shares of Mosaic Company (The) from $27.00 to $26.00 and set a neutral rating for the company in a research note on Wednesday, July 12th. Seven equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $25.36.

Shares of Mosaic Company (NYSE:MOS) traded down 0.74% during mid-day trading on Wednesday, reaching $20.16. 7,894,433 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $23.02 and a 200 day moving average price of $26.24. The firm has a market cap of $7.08 billion, a P/E ratio of 48.00 and a beta of 1.24. Mosaic Company has a 52-week low of $19.77 and a 52-week high of $34.36.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS. Analysts forecast that Mosaic Company will post $1.07 earnings per share for the current fiscal year.

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A number of large investors have recently made changes to their positions in the stock. Capstone Asset Management Co. boosted its stake in shares of Mosaic Company (The) by 6.4% in the first quarter. Capstone Asset Management Co. now owns 49,985 shares of the basic materials company’s stock valued at $1,459,000 after buying an additional 3,020 shares during the last quarter. E&G Advisors LP purchased a new stake in shares of Mosaic Company (The) during the first quarter valued at $356,000. Kempner Capital Management Inc. boosted its stake in Mosaic Company (The) by 10.4% in the first quarter. Kempner Capital Management Inc. now owns 141,520 shares of the basic materials company’s stock valued at $4,130,000 after buying an additional 13,365 shares in the last quarter. Gulf International Bank UK Ltd boosted its stake in Mosaic Company (The) by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 100,583 shares of the basic materials company’s stock valued at $2,935,000 after buying an additional 1,500 shares in the last quarter. Finally, Creative Planning boosted its stake in Mosaic Company (The) by 65.0% in the first quarter. Creative Planning now owns 10,072 shares of the basic materials company’s stock valued at $294,000 after buying an additional 3,968 shares in the last quarter. 80.64% of the stock is owned by institutional investors and hedge funds.

About Mosaic Company (The)

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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