The Mosaic Company (NYSE: MOS) stock fell -1.46% on Wednesday to $35.16 against a previous-day closing price of $35.68. With 3.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.43 million shares. During the session, the Agricultural Inputs company that operates in wider Basic Materials sector, reached to the highest price of $35.79 whereas the lowest price it dropped to was $34.94. The 52-week range on MOS shows that it touched its highest point at $64.28 and its lowest point at $34.46 during that stretch. It currently has a 1-year price target of $46.07. With its current market cap of 11.69 billion, MOS has annualized dividend of $0.80 while the current yield stands at 2.28%. Beta for the stock currently stands at 1.52.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOS was down-trending over the past week, with a drop of -0.20%, but this was down by -17.60% over a month. Three-month performance dropped to -31.37% while six-month performance fell -27.36%. The stock lost -42.06% in the past year, while it has lost -19.43% so far this year. A look at the trailing 12-month EPS for MOS yields 8.08 with Next year EPS estimates of 4.54. For the next quarter, that number is 1.30. This implies an EPS growth rate of 135.50% for this year and -13.68% for next year.
Float and Shares Shorts:
At present, 335.40 million MOS shares are outstanding with a float of 330.16 million shares on hand for trading. On Apr 27, 2023, short shares totaled 8.56 million, which was 2.58% higher than short shares on Mar 30, 2023. In addition to Mr. James C. O’Rourke P.Eng. as the firm’s CEO, Pres & Director, Mr. Clint C. Freeland serves as its Sr. VP & CFO.
Institutional Ownership:
Through their ownership of 96.89% of MOS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 59.48% of MOS, in contrast to 31.48% held by mutual funds. Shares owned by individuals account for 11.04%. As the largest shareholder in MOS with 13.24% of the stake, Capital Research & Management Co holds 44,563,393 shares worth 44,563,393. A second-largest stockholder of MOS, The Vanguard Group, Inc., holds 37,597,573 shares, controlling over 11.17% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in MOS, holding 17,661,994 shares or 5.25% stake. With a 6.11% stake in MOS, the American Funds Fundamental Invest is the largest stakeholder. A total of 20,556,908 shares are owned by the mutual fund manager. The Washington Mutual Investors Fund, which owns about 3.17% of MOS stock, is the second-largest Mutual Fund holder. It holds 10,667,342 shares valued at 457.1 million. Vanguard Total Stock Market ETF holds 3.11% of the stake in MOS, owning 10,449,157 shares worth 447.75 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, MOS reported revenue of $5.37B and operating income of $1.67B. The EBITDA in the recently reported quarter was $1.64B and diluted EPS was $2.85.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With MOS analysts setting a high price target of $62.00 and a low target of $35.00, the average target price over the next 12 months is $45.69. Based on these targets, MOS could surge 76.34% to reach the target high and fall by -0.46% to reach the target low. Reaching the average price target will result in a growth of 29.95% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded MOS stock several times over the past three months with 23 Buys and 12 Sells. In these transactions, 1,561,186 shares were bought while 612,194 shares were sold. The number of buy transactions has increased to 31 while that of sell transactions has risen to 20 over the past year. The total number of shares bought during that period was 1,976,149 while 1,126,257 shares were sold.
