The Mosaic Company Stock Rating Reaffirmed by TheStreet (MOS)
The Mosaic Company (NYSE: MOS)‘s stock had its “buy” rating restated by equities researchers at TheStreet in a report issued on Monday.
The analysts wrote, “Mosaic (MOS) has been reiterated by TheStreet Ratings as a buy with a ratings score of B- . The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
Shares of The Mosaic Company (NYSE: MOS) opened at 62.69 on Monday. The Mosaic Company has a one year low of $44.43 and a one year high of $63.46. The stock’s 50-day moving average is currently $60.41. The company has a market cap of $26.687 billion and a P/E ratio of 14.57.
The Mosaic Company (NYSE: MOS) last issued its quarterly earnings data on Friday, January 4th. The company reported $1.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.88 by $0.17. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter last year, the company posted $1.40 earnings per share. The Mosaic Company’s revenue was down 15.9% compared to the same quarter last year. On average, analysts predict that The Mosaic Company will post $4.28 earnings per share for the current fiscal year.
MOS has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets upgraded shares of The Mosaic Company from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, March 12th. They now have a $72.00 price target on the stock, up previously from $62.00. Separately, analysts at RBC Capital raised their price target on shares of The Mosaic Company from $59.00 to $60.00 in a research note to investors on Tuesday, March 5th. They now have a “sector perform” rating on the stock. Finally, analysts at Dahlman Rose downgraded shares of The Mosaic Company from a “buy” rating to a “hold” rating in a research note to investors on Friday, February 22nd.
Fourteen investment analysts have rated the stock with a buy rating, one has given an overweight rating, and ten have given a hold rating to the stock. The company currently has a consensus rating of “overweight” and a consensus price target of $66.95.
The Mosaic Company (Mosaic) is a producer and marketer of combined concentrated phosphate and potash crop nutrients for the global agriculture industry.
To view TheStreet’s full report, visit www.thestreetratings.com
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