Analysts Offer Predictions for The Mosaic Company’s Q4 2024 Earnings (NYSE:MOS)

The Mosaic Company (NYSE:MOS) – Stock analysts at Zacks Research lowered their Q4 2024 earnings estimates for shares of Mosaic in a report issued on Tuesday, April 23rd. Zacks Research analyst M. Agrawal now anticipates that the basic materials company will post earnings of $0.56 per share for the quarter, down from their previous forecast of $0.59. The consensus estimate for Mosaic’s current full-year earnings is $2.79 per share.

A number of other analysts have also commented on MOS. Wolfe Research began coverage on shares of Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price target for the company. The Goldman Sachs Group decreased their price target on shares of Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. Mizuho lowered shares of Mosaic from a “buy” rating to a “neutral” rating and decreased their price target for the company from $42.00 to $34.00 in a research note on Wednesday, January 24th. Wells Fargo & Company boosted their price target on shares of Mosaic from $34.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, February 23rd. Finally, TheStreet lowered shares of Mosaic from a “b-” rating to a “c+” rating in a research note on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $40.27.

Mosaic Stock Performance

Shares of MOS stock opened at $30.49 on Thursday. The firm has a market capitalization of $9.81 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 1.56 and a beta of 1.50. The firm has a fifty day simple moving average of $31.52 and a two-hundred day simple moving average of $33.36. The company has a current ratio of 1.22, a quick ratio of 0.57 and a debt-to-equity ratio of 0.26. Mosaic has a 12 month low of $29.25 and a 12 month high of $43.99.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.11). The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.09 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The business’s revenue was down 29.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.74 EPS.

Institutional Investors Weigh In On Mosaic

Institutional investors have recently added to or reduced their stakes in the business. AustralianSuper Pty Ltd lifted its holdings in Mosaic by 23.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 2,083,150 shares of the basic materials company’s stock valued at $74,431,000 after purchasing an additional 391,191 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Mosaic by 3,212.6% during the fourth quarter. International Assets Investment Management LLC now owns 240,200 shares of the basic materials company’s stock valued at $8,582,000 after purchasing an additional 232,949 shares during the last quarter. Sapient Capital LLC bought a new stake in shares of Mosaic during the fourth quarter valued at about $2,300,000. Oak Thistle LLC increased its position in shares of Mosaic by 13.1% during the fourth quarter. Oak Thistle LLC now owns 40,136 shares of the basic materials company’s stock valued at $1,434,000 after buying an additional 4,658 shares during the period. Finally, First American Trust FSB bought a new stake in shares of Mosaic during the fourth quarter valued at about $2,613,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, June 6th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.76%. The ex-dividend date is Thursday, June 6th. Mosaic’s dividend payout ratio (DPR) is presently 24.07%.

About Mosaic

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.