Could Mosaic Company (MOS) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, Mosaic Company (NYSE:MOS) shares traded at $32.77, up 2.63% from the previous session.

As of this writing, 22 analysts cover Mosaic Company (NYSE:MOS). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $54.00 and a low of $32.00, we find $41.00. Given the previous closing price of $31.93, this indicates a potential upside of 28.41 percent. MOS stock price is now -8.66% away from the 50-day moving average and -19.01% away from the 200-day moving average. The market capitalization of the company currently stands at $10.89B.

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There are 16 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $41.91 as their price target over the next twelve months.

With the price target maintained at $40, Barclays recently Downgraded its rating from Equal Weight to Underweight for Mosaic Company (NYSE: MOS).

Insiders disposed of 650,125 shares of company stock worth roughly $21.3 million over the past 1 year. A total of 0.65% of the company’s stock is owned by insiders.

Wednesday morning saw Mosaic Company (NYSE: MOS) opened at $31.88. During the past 12 months, Mosaic Company has had a low of $31.44 and a high of $57.16. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.18, and a quick ratio of 0.53. The fifty day moving average price for MOS is $35.88 and a two-hundred day moving average price translates $40.51 for the stock.

The latest earnings results from Mosaic Company (NYSE: MOS) was released for Sep, 2023. According to the Agricultural Inputs Company, earnings per share came in at $1.04, missing analysts’ expectations of $1.12 by -0.08. This compares to $2.87 EPS in the same period last year. The net profit margin was 12.89% and return on equity was 17.96% for MOS. The company reported revenue of $3.39 billion for the quarter, compared to $5.37 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -36.83 percent. For the current quarter, analysts expect MOS to generate $3.23B in revenue.

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