The Mosaic Company (NYSE:MOS) finished Wednesday with a subtraction of -$0.65 to close at $38.21, a downside of -1.67 percent. An average of 2,080,520 shares of common stock have been traded in the last five days. There was a fall of -$0.96 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 3,037,520 shares traded, while the 50-day average volume stands at 3,779,148.
MOS stock has decreased by -3.97% in the last month. The company shares reached their 1-month lowest point of $37.80 on 08/23/23. With the stock rallying to its 52-week high on 03/03/23, shares of the company touched a low of $31.44 and a high of $62.83 in 52 weeks. It has reached a new high 16 times so far this year and lost -12.44% or -$5.66 in price. In spite of this, the price is down -39.18% from the 52-week high.
Valuation Metrics
The Mosaic Company (MOS) has a trailing price-to-earnings (P/E) ratio of 6.03. The stock’s beta is 1.52. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.75, the price-to-book (PB) ratio at 1.02, and the price-to-cash flow ratio at 7.26.
The company has a payout ratio of 11.00%. The company’s most recent quarterly dividend payment was $0.20 a share, representing a down of -60.0% from $0.50 last year. Its latest decrease dividend $0.30 reported on Thursday March 9 2023.
Financial Health
The quick ratio of The Mosaic Company for the three months ended June 29 was 0.50, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.20 and a total debt to equity ratio of 0.29 for the quarter ending June 29. The Mosaic Company’s EBITDA margin for the year ending June 29 is 33.81%, while its operating margin for the same period stands at 16.50%. Its gross profit as reported stood at $5.76 billion compared to revenue of $19.13 billion.
Earnings Surprise
For the three-month period that ended June 29, The Mosaic Company had $2.42 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $369.0 million in the quarter, while revenues of $434.8 million were shrunk -180.73%. The analyst consensus anticipated The Mosaic Company’s latest quarter earnings to come in at $1.12 per share, but it turned out to be $1.04, a -7.10% surprise. For the quarter, EBITDA amounted to $636.6 million. Shareholders own equity worth $332.28 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 23 August was 31.30%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.07%.
As of today, MOS’s price is $39.08 -2.45% or -$0.96 from its 5-day moving average. MOS is currently trading -5.56% lower than its 20-day SMA and -15.58% lower than its 100-day SMA. However, the stock’s current price level is +7.57% above the SMA50 and -21.76% below the SMA200.
The stochastic %K and %D were 12.74% and 16.48%, respectively, and the average true range (ATR) was 1.08. With the 14-day stochastic at 8.11% and the average true range at 1.13, the RSI (14) stands at 41.18%. The stock has reached -0.70 on the 9-day MACD Oscillator while the 14-day reading was at -1.47.
Analyst Ratings
Barclays downgraded The Mosaic Company (NYSE: MOS) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for The Mosaic Company (MOS) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell MOS, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 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 $32.00 and $55.00, with a median target of $41.25. Taking a look at these predictions, the average price target given by analysts for The Mosaic Company (MOS) stock is $43.49.
