Mosaic Company (NYSE:MOS) shares traded -1.00% lower at $31.63 on Wall Street last session.
MOS stock price is now -0.73% away from the 50-day moving average and -10.44% away from the 200-day moving average. The market capitalization of the company currently stands at $10.18B.
With the price target of $39, Wolfe Research recently initiated with Outperform rating for Mosaic Company (NYSE: MOS). On February 29, 2024, Piper Sandler Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $42 to quote $32, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
A total of 0.66% of the company’s stock is owned by insiders.
During the past 12 months, Mosaic Company has had a low of $29.25 and a high of $49.33. As of last week, the company has a debt-to-equity ratio of 0.33, a current ratio of 1.22, and a quick ratio of 0.57. The fifty day moving average price for MOS is $31.76 and a two-hundred day moving average price translates $35.31 for the stock.
The latest earnings results from Mosaic Company (NYSE: MOS) was released for Dec, 2023. According to the Agricultural Inputs Company, earnings per share came in at $0.71, missing analysts’ expectations of $0.86 by -0.15. This compares to $1.61 EPS in the same period last year. The net profit margin was 8.51% and return on equity was 9.57% for MOS. The company reported revenue of $3.15 billion for the quarter, compared to $4.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -29.72 percent. For the current quarter, analysts expect MOS to generate $2.96B in revenue.
Mosaic Company(MOS) 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 Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant. In addition, it provides nitrogen-based crop nutrients, animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts. The company was incorporated in 2004 and is headquartered in Tampa, Florida.
