The Mosaic Company (NYSE:MOS) Expected to Post Earnings of $1.68 Per Share

Equities research analysts forecast that The Mosaic Company (NYSE:MOS) will post earnings of $1.68 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for The Mosaic’s earnings, with the highest EPS estimate coming in at $1.90 and the lowest estimate coming in at $1.41. The Mosaic posted earnings per share of $0.23 in the same quarter last year, which would suggest a positive year over year growth rate of 630.4%. The company is scheduled to report its next quarterly earnings results after the market closes on Monday, November 1st.

According to Zacks, analysts expect that The Mosaic will report full-year earnings of $4.93 per share for the current financial year, with EPS estimates ranging from $4.80 to $5.17. For the next financial year, analysts forecast that the company will post earnings of $4.96 per share, with EPS estimates ranging from $4.03 to $6.30. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for The Mosaic.

The Mosaic (NYSE:MOS) last posted its quarterly earnings data on Sunday, August 1st. The basic materials company reported $1.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.18. The company had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.83 billion. The Mosaic had a return on equity of 10.02% and a net margin of 14.25%. The firm’s revenue for the quarter was up 37.0% on a year-over-year basis. During the same quarter last year, the company earned $0.11 EPS.

A number of analysts have commented on MOS shares. HSBC raised The Mosaic from a “hold” rating to a “buy” rating and lifted their target price for the stock from $37.00 to $39.00 in a report on Friday, August 20th. Mizuho started coverage on The Mosaic in a report on Tuesday. They issued a “buy” rating and a $55.00 target price for the company. Royal Bank of Canada lifted their target price on The Mosaic from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, October 7th. Bank of America raised their price target on The Mosaic from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, September 14th. Finally, Zacks Investment Research downgraded The Mosaic from a “strong-buy” rating to a “hold” rating and set a $40.00 price target on the stock. in a research note on Tuesday, October 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, The Mosaic presently has an average rating of “Buy” and a consensus price target of $38.09.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MOS. Berman Capital Advisors LLC raised its holdings in The Mosaic by 149.4% during the second quarter. Berman Capital Advisors LLC now owns 863 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 517 shares during the period. San Francisco Sentry Investment Group CA raised its holdings in The Mosaic by 968.1% during the second quarter. San Francisco Sentry Investment Group CA now owns 1,004 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 910 shares during the period. Stonebridge Capital Advisors LLC bought a new stake in shares of The Mosaic in the first quarter worth about $35,000. Selective Wealth Management Inc. increased its holdings in shares of The Mosaic by 2,900.0% in the second quarter. Selective Wealth Management Inc. now owns 1,500 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 1,450 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of The Mosaic by 441.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,603 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 1,307 shares during the last quarter. Institutional investors own 73.43% of the company’s stock.

Shares of The Mosaic stock traded up $0.55 on Friday, reaching $41.28. The company’s stock had a trading volume of 139,293 shares, compared to its average volume of 5,109,148. The company has a market capitalization of $15.68 billion, a price-to-earnings ratio of 11.01, a P/E/G ratio of 0.93 and a beta of 1.87. The firm’s fifty day simple moving average is $34.02 and its two-hundred day simple moving average is $33.33. The Mosaic has a 52 week low of $16.01 and a 52 week high of $42.22. The company has a quick ratio of 0.68, a current ratio of 1.21 and a debt-to-equity ratio of 0.38.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 16th. Investors of record on Thursday, September 2nd were given a dividend of $0.075 per share. The ex-dividend date was Wednesday, September 1st. This represents a $0.30 annualized dividend and a yield of 0.73%. The Mosaic’s dividend payout ratio (DPR) is presently 35.29%.

About The Mosaic

The Mosaic Co engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through it’s wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients.

Further Reading: Why are analyst ratings important in trading stocks?

Get a free copy of the Zacks research report on The Mosaic (MOS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for The Mosaic (NYSE:MOS)

Receive News & Ratings for The Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.