Technicals Say The Mosaic Company (MOS) Is A Hold

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The Mosaic Company (NYSE:MOS) finished Thursday with a subtraction of -$3.05 to close at $49.47, a downside of -5.81 percent. An average of 4,557,911 shares of common stock have been traded in the last five days. There was a fall of -$2.98 in the past week, and it reached a new high 34 times over the past 12 months. The last 20 days have seen an average of 5,623,218 shares traded, while the 50-day average volume stands at 4,904,211.

MOS stock has decreased by -8.26% in the last month. The company shares reached their 1-month lowest point of $49.19 on 09/23/22. With the stock rallying to its 52-week high on 04/18/22, shares of the company touched a low of $33.59 and a high of $79.28 in 52 weeks. It has reached a new high 30 times so far this year and achieved 33.67% or $9.93 in price. In spite of this, the price is down -37.60% from the 52-week high.


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Insider Transactions

130 days have passed since The Mosaic Company (MOS) last reported insider trading activity. Johnson Denise C, who is Director, most recently acquired $24,427 shares at $65.00 per share on May 16. In this transaction, the insider spent $1,587,755. Sr VP – Mosaic Fertilizantes, Ricard Corrine D., disposed of 17,284 shares at a price of $76.02 on Apr 18. The insider now owns more than $1,313,930 worth of shares. Prior to that, Senior VP – Strategy & Growth Precourt Walter F. III went on to Sale 9,647 shares at $78.00 each on Apr 18. An amount of $752,466 was transacted.

Valuation Metrics

The Mosaic Company (MOS) has a trailing price-to-earnings (P/E) ratio of 5.98. The stock’s beta is 1.59. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.12, the price-to-book (PB) ratio at 1.61, and the price-to-cash flow ratio at 12.11.

The company has a payout ratio of 4.70%. The company’s most recent quarterly dividend payment was $0.15 a share, without any change from last year. Its latest increase dividend $0.0380 reported on Thursday May 19 2022.

Financial Health

The quick ratio of The Mosaic Company for the three months ended June 29 was 0.60, and the current ratio was 1.30, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.29 and a total debt to equity ratio of 0.34 for the quarter ending June 29. Its gross profit as reported stood at $3.2 billion compared to revenue of $12.36 billion.

Earnings Surprise

For the three-month period that ended June 29, The Mosaic Company had $3.35 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.04 billion in the quarter, while revenues of $1.18 billion were grew 57.8%. The analyst consensus anticipated The Mosaic Company’s latest quarter earnings to come in at $4.04 per share, but it turned out to be $3.64, a -9.90% surprise. For the quarter, EBITDA amounted to $1.94 billion. Shareholders own equity worth $345.27 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Mosaic Company (MOS) price momentum. RSI 9-day as of the close on 22 September was 32.64%, suggesting the stock is Neutral, with historical volatility in this time frame at 47.75%.

As of today, MOS’s price is $52.88 -5.71% or -$2.98 from its 5-day moving average. MOS is currently trading -20.54% lower than its 20-day SMA and -21.12% lower than its 100-day SMA. However, the stock’s current price level is +12.71% above the SMA50 and +37.22% above the SMA200.

The stochastic %K and %D were 25.84% and 40.71%, respectively, and the average true range (ATR) was 2.66. With the 14-day stochastic at 0.38% and the average true range at 2.58, the RSI (14) stands at 38.30%. The stock has reached -1.22 on the 9-day MACD Oscillator while the 14-day reading was at -1.59.

Analyst Ratings

Citigroup upgraded The Mosaic Company (NYSE: MOS) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for The Mosaic Company (MOS) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell MOS, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 11 others rate it as a “buy”.

What is MOS’s price target for the next 12 months?

Analysts predict a range of price targets between $49.00 and $93.00, with a median target of $69.90. Taking a look at these predictions, the average price target given by analysts for The Mosaic Company (MOS) stock is $69.42.

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