The Mosaic Firm (NYSE:MOS – Free Report) – Equities researchers at Zacks Analysis lowered their Q3 2024 earnings estimates for Mosaic in a report issued on Monday, September thirtieth. Zacks Analysis analyst M. Agrawal now forecasts that the essential supplies firm will submit earnings per share of $0.55 for the quarter, down from their prior forecast of $0.59. The consensus estimate for Mosaic’s present full-year earnings is $2.26 per share. Zacks Analysis additionally issued estimates for Mosaic’s This fall 2024 earnings at $0.50 EPS, FY2024 earnings at $2.24 EPS, Q3 2025 earnings at $0.68 EPS, This fall 2025 earnings at $0.27 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $2.07 EPS.
Mosaic (NYSE:MOS – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, August sixth. The essential supplies firm reported $0.54 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.66 by ($0.12). The enterprise had income of $2.82 billion through the quarter, in comparison with analyst estimates of $2.90 billion. Mosaic had a return on fairness of 6.92% and a internet margin of two.01%. The corporate’s quarterly income was down 17.0% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the agency posted $1.04 EPS.
A number of different analysis corporations have additionally lately weighed in on MOS. Wells Fargo & Firm lowered their worth goal on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” score on the inventory in a analysis report on Tuesday, September twenty fourth. Royal Financial institution of Canada restated a “sector carry out” score and set a $30.00 worth goal on shares of Mosaic in a report on Monday, August twelfth. Barclays lowered their worth goal on shares of Mosaic from $39.00 to $32.00 and set an “obese” score on the inventory in a report on Friday, August sixteenth. Piper Sandler lowered their worth goal on shares of Mosaic from $29.00 to $28.00 and set an “underweight” score on the inventory in a report on Tuesday, June eleventh. Lastly, UBS Group decreased their worth goal on shares of Mosaic from $33.00 to $30.00 and set a “impartial” score for the corporate in a report on Tuesday, July ninth. One equities analysis analyst has rated the inventory with a promote score, six have given a maintain score and 4 have issued a purchase score to the inventory. In line with MarketBeat, the inventory presently has a consensus score of “Maintain” and a consensus worth goal of $34.73.
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Mosaic Buying and selling Up 0.2 %
NYSE MOS opened at $27.10 on Wednesday. Mosaic has a twelve month low of $24.11 and a twelve month excessive of $38.30. The corporate has a debt-to-equity ratio of 0.27, a fast ratio of 0.54 and a present ratio of 1.16. The inventory has a market cap of $8.72 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 1.60 and a beta of 1.36. The agency’s 50 day transferring common worth is $27.24 and its two-hundred day transferring common worth is $29.01.
Institutional Buyers Weigh In On Mosaic
Plenty of hedge funds and different institutional traders have lately made modifications to their positions in MOS. Parallel Advisors LLC raised its holdings in shares of Mosaic by 10.9% through the fourth quarter. Parallel Advisors LLC now owns 4,570 shares of the essential supplies firm’s inventory price $163,000 after buying an extra 450 shares through the interval. Alberta Funding Administration Corp elevated its stake in Mosaic by 263.7% within the 4th quarter. Alberta Funding Administration Corp now owns 22,550 shares of the essential supplies firm’s inventory valued at $806,000 after shopping for an extra 16,350 shares over the past quarter. California State Lecturers Retirement System elevated its stake in Mosaic by 3.4% within the 4th quarter. California State Lecturers Retirement System now owns 560,535 shares of the essential supplies firm’s inventory valued at $20,028,000 after shopping for an extra 18,288 shares over the past quarter. KBC Group NV elevated its stake in Mosaic by 23.2% within the 4th quarter. KBC Group NV now owns 169,018 shares of the essential supplies firm’s inventory valued at $6,039,000 after shopping for an extra 31,803 shares over the past quarter. Lastly, Blueshift Asset Administration LLC acquired a brand new stake in Mosaic within the 4th quarter valued at $531,000. 77.54% of the inventory is at present owned by institutional traders and hedge funds.
Insider Shopping for and Promoting
In different information, SVP Walter F. Precourt III offered 39,748 shares of the inventory in a transaction that occurred on Tuesday, August thirteenth. The shares had been offered at a median worth of $27.96, for a complete transaction of $1,111,354.08. Following the sale, the senior vp now straight owns 136,682 shares of the corporate’s inventory, valued at $3,821,628.72. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible by means of the SEC web site. In different Mosaic information, Director Kelvin R. Westbrook offered 12,666 shares of the inventory in a transaction on Monday, August twelfth. The shares had been offered at a median worth of $27.32, for a complete worth of $346,035.12. Following the sale, the director now straight owns 34,359 shares within the firm, valued at $938,687.88. The transaction was disclosed in a doc filed with the SEC, which is accessible at the SEC web site. Additionally, SVP Walter F. Precourt III offered 39,748 shares of the inventory in a transaction on Tuesday, August thirteenth. The inventory was offered at a median worth of $27.96, for a complete transaction of $1,111,354.08. Following the completion of the sale, the senior vp now owns 136,682 shares within the firm, valued at $3,821,628.72. The disclosure for this sale might be discovered right here. Firm insiders personal 0.86% of the corporate’s inventory.
Mosaic Dividend Announcement
The enterprise additionally lately disclosed a quarterly dividend, which was paid on Thursday, September nineteenth. Stockholders of document on Thursday, September fifth got a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized foundation and a dividend yield of three.10%. The ex-dividend date was Thursday, September fifth. Mosaic’s dividend payout ratio is at present 35.74%.
Mosaic Firm Profile
The Mosaic Firm, by means of its subsidiaries, produces and markets concentrated phosphate and potash crop vitamins in North America and internationally. The corporate operates by means of three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop vitamins, comparable to diammonium phosphate, monoammonium phosphate, and ammoniated phosphate merchandise; and phosphate-based animal feed substances primarily beneath the Biofos and Nexfos model names, in addition to produces a double sulfate of potash magnesia product beneath Ok-Magazine model title.
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