Mosaic (NYSE:MOS) Downgraded by StockNews.com - MarketBeat

Mosaic (NYSE:MOS - Get Rating) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.

MOS has been the topic of several other research reports. Mizuho increased their price target on Mosaic from $57.00 to $60.00 and gave the stock a "buy" rating in a report on Friday. BNP Paribas lowered Mosaic from a "neutral" rating to an "underperform" rating and set a $42.00 target price on the stock. in a report on Friday, January 13th. Morgan Stanley decreased their price target on Mosaic from $60.00 to $55.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 11th. Piper Sandler decreased their target price on Mosaic from $75.00 to $65.00 and set an "overweight" rating for the company in a research report on Tuesday, November 22nd. Finally, Citigroup downgraded Mosaic from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $61.00 to $50.00 in a research report on Friday, January 20th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Mosaic currently has a consensus rating of "Hold" and a consensus price target of $55.81.

Mosaic Trading Up 0.0 %

Shares of Mosaic stock traded up $0.01 on Friday, hitting $51.51. 5,586,797 shares of the company's stock traded hands, compared to its average volume of 4,103,271. Mosaic has a one year low of $40.29 and a one year high of $79.28. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.34 and a quick ratio of 0.61. The company has a fifty day moving average of $47.59 and a two-hundred day moving average of $50.38. The company has a market capitalization of $17.54 billion, a price-to-earnings ratio of 5.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.55.

Mosaic (NYSE:MOS - Get Rating) last announced its earnings results on Thursday, February 23rd. The basic materials company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.34). Mosaic had a net margin of 18.73% and a return on equity of 33.31%. The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter in the previous year, the company earned $1.95 EPS. The firm's revenue for the quarter was up 16.7% on a year-over-year basis. As a group, sell-side analysts expect that Mosaic will post 8.96 earnings per share for the current year.

Institutional Investors Weigh In On Mosaic

Several large investors have recently added to or reduced their stakes in the business. High Net Worth Advisory Group LLC bought a new stake in Mosaic during the first quarter worth about $33,000. Guardian Wealth Advisors LLC bought a new stake in Mosaic during the third quarter worth about $27,000. Heritage Wealth Management LLC lifted its stake in Mosaic by 100.0% during the fourth quarter. Heritage Wealth Management LLC now owns 600 shares of the basic materials company's stock worth $26,000 after purchasing an additional 300 shares during the last quarter. Penserra Capital Management LLC bought a new stake in Mosaic during the first quarter worth about $44,000. Finally, McIlrath & Eck LLC bought a new stake in Mosaic during the third quarter worth about $34,000. Institutional investors own 85.00% of the company's stock.

Mosaic Company Profile

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The Mosaic Co engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through its 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.

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