Mosaic Company (The) (MOS) Given “Sector Perform” Rating at Royal Bank Of Canada

Royal Bank Of Canada restated their sector perform rating on shares of Mosaic Company (The) (NYSE:MOS) in a report issued on Tuesday, August 8th. The firm currently has a $23.00 price target on the basic materials company’s stock, down from their previous price target of $25.00.

Several other equities research analysts have also commented on MOS. Citigroup Inc. decreased their price target on Mosaic Company (The) from $34.00 to $31.00 and set a neutral rating on the stock in a research note on Tuesday, April 11th. Credit Suisse Group set a $20.00 target price on Mosaic Company (The) and gave the company a sell rating in a research note on Saturday, April 15th. Zacks Investment Research lowered Mosaic Company (The) from a buy rating to a hold rating in a research note on Thursday, April 20th. BMO Capital Markets set a $26.00 target price on Mosaic Company (The) and gave the company a hold rating in a research note on Saturday, May 6th. Finally, Atlantic Securities raised Mosaic Company (The) from an underweight rating to a neutral rating and set a $26.00 target price on the stock in a research note on Tuesday, May 9th. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $25.15.

Shares of Mosaic Company (NYSE:MOS) traded down 1.19% during trading on Tuesday, hitting $19.86. The company’s stock had a trading volume of 4,465,639 shares. The company has a 50-day moving average price of $22.72 and a 200-day moving average price of $26.00. Mosaic Company has a one year low of $19.59 and a one year high of $34.36. The stock has a market cap of $6.97 billion, a PE ratio of 47.29 and a beta of 1.24.

Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.06 EPS. Equities analysts predict that Mosaic Company will post $1.07 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Mosaic Company (The) (MOS) Given “Sector Perform” Rating at Royal Bank Of Canada” was originally posted by Rincon Hill News and is owned by of Rincon Hill News. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://rinconhillneighbors.org/2017/08/19/mosaic-company-the-mos-given-sector-perform-rating-at-royal-bank-of-canada-updated.html.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.02%. Mosaic Company (The)’s payout ratio is 142.86%.

Several hedge funds have recently added to or reduced their stakes in MOS. Turner Investments LLC purchased a new stake in Mosaic Company (The) during the first quarter worth approximately $158,000. Bronfman E.L. Rothschild L.P. increased its stake in Mosaic Company (The) by 878.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 6,007 shares of the basic materials company’s stock worth $175,000 after buying an additional 5,393 shares during the last quarter. Pacer Advisors Inc. increased its stake in Mosaic Company (The) by 3.6% in the first quarter. Pacer Advisors Inc. now owns 6,779 shares of the basic materials company’s stock worth $198,000 after buying an additional 234 shares during the last quarter. Greenwood Capital Associates LLC purchased a new stake in Mosaic Company (The) during the first quarter worth approximately $211,000. Finally, Investment Centers of America Inc. increased its stake in Mosaic Company (The) by 1.7% in the first quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock worth $238,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 80.64% of the company’s stock.

Mosaic Company (The) Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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

 

Latest News



Leave a Reply

 
© 2006-2017 Rincon Hill News.