Brokerages forecast that Mosaic Co (NYSE:MOS) will post earnings per share of $0.28 for the current quarter, according to Zacks. Two analysts have issued estimates for Mosaic’s earnings, with estimates ranging from $0.25 to $0.33. Mosaic reported earnings per share of $0.20 during the same quarter last year, which suggests a positive year-over-year growth rate of 40%. The company is scheduled to issue its next earnings results after the market closes on Monday, May 6th.

According to Zacks, analysts expect that Mosaic will report full-year earnings of $2.31 per share for the current financial year, with EPS estimates ranging from $2.05 to $2.49. For the next year, analysts expect that the business will report earnings of $2.67 per share, with EPS estimates ranging from $2.30 to $2.92. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Mosaic.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Monday, February 25th. The basic materials company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.20. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.36 billion. Mosaic had a return on equity of 7.71% and a net margin of 4.90%. The firm’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same period last year, the firm earned ($1.23) EPS.

Several research firms have recently issued reports on MOS. Cleveland Research lowered shares of Mosaic from a “buy” rating to a “neutral” rating in a research note on Friday, February 22nd. Zacks Investment Research raised shares of Mosaic from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Wednesday, February 6th. Credit Suisse Group reissued a “hold” rating and set a $30.00 target price on shares of Mosaic in a research note on Monday, February 4th. Barclays increased their target price on shares of Mosaic from $35.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 27th. Finally, Citigroup lowered their target price on shares of Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, February 27th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Mosaic currently has a consensus rating of “Hold” and a consensus target price of $35.47.

MOS traded down $0.33 during midday trading on Tuesday, hitting $26.83. 4,607,600 shares of the company were exchanged, compared to its average volume of 3,930,584. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.79 and a current ratio of 1.71. Mosaic has a 1-year low of $25.51 and a 1-year high of $37.37. The company has a market capitalization of $10.12 billion, a P/E ratio of 12.66, a P/E/G ratio of 1.68 and a beta of 1.46.

Hedge funds have recently added to or reduced their stakes in the business. Private Capital Group LLC increased its holdings in shares of Mosaic by 50.8% during the 4th quarter. Private Capital Group LLC now owns 1,203 shares of the basic materials company’s stock worth $35,000 after buying an additional 405 shares during the last quarter. Berman Capital Advisors LLC acquired a new stake in shares of Mosaic during the 4th quarter worth approximately $39,000. CWM LLC increased its holdings in shares of Mosaic by 2,795.7% during the 1st quarter. CWM LLC now owns 2,027 shares of the basic materials company’s stock worth $55,000 after buying an additional 1,957 shares during the last quarter. Exane Asset Management acquired a new stake in shares of Mosaic during the 4th quarter worth approximately $72,000. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Mosaic by 3,480.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,688,263 shares of the basic materials company’s stock worth $161,000 after buying an additional 4,557,338 shares during the last quarter. Institutional investors own 78.40% of the company’s stock.

Mosaic Company Profile

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 International Distribution. 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.

Further Reading: Earnings Per Share

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