The stock of Mosaic Co (NYSE:MOS) is a huge mover today! About 4.60M shares traded hands. Mosaic Co (NYSE:MOS) has declined 17.49% since March 9, 2016 and is downtrending. It has underperformed by 24.90% the S&P500.
The move comes after 6 months negative chart setup for the $8.40 billion company. It was reported on Oct, 12 by Barchart.com. We have $21.79 PT which if reached, will make NYSE:MOS worth $756.00M less.
Analysts await Mosaic Co (NYSE:MOS) to report earnings on November, 1. They expect $0.15 earnings per share, down 75.81% or $0.47 from last year’s $0.62 per share. MOS’s profit will be $52.61 million for 39.92 P/E if the $0.15 EPS becomes a reality. After $0.06 actual earnings per share reported by Mosaic Co for the previous quarter, Wall Street now forecasts 150.00% EPS growth.
Mosaic Co (NYSE:MOS) Ratings Coverage
Out of 18 analysts covering The Mosaic Company (NYSE:MOS), 2 rate it a “Buy”, 6 “Sell”, while 10 “Hold”. This means 11% are positive. The Mosaic Company has been the topic of 47 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Mosaic Co (NYSE:MOS) earned “Buy” rating by Stifel Nicolaus on Thursday, November 5. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 5 report. The stock of Mosaic Co (NYSE:MOS) earned “Equal-Weight” rating by Barclays Capital on Monday, October 5. The company was upgraded on Tuesday, October 13 by Bernstein. Societe Generale downgraded the stock to “Sell” rating in Tuesday, February 16 report. On Thursday, April 14 the stock rating was downgraded by Scotia Capital to “Sector Perform”. Vertical Research downgraded the shares of MOS in a report on Wednesday, August 31 to “Sell” rating. The firm has “Underweight” rating by Atlantic Securities given on Friday, March 11. The company was downgraded on Tuesday, April 19 by Barclays Capital. The rating was maintained by UBS with “Buy” on Wednesday, March 16.
According to Zacks Investment Research, “The Mosaic Company is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. For the global agriculture industry, Mosaic is a single source for phosphates, potash, nitrogen fertilizers and feed ingredients.”
Insitutional Activity: The institutional sentiment increased to 1.49 in 2016 Q2. Its up 0.19, from 1.3 in 2016Q1. The ratio is positive, as 50 funds sold all Mosaic Co shares owned while 131 reduced positions. 70 funds bought stakes while 200 increased positions. They now own 300.01 million shares or 0.68% more from 297.98 million shares in 2016Q1.
The Ohio-based Cleararc has invested 0.04% in Mosaic Co (NYSE:MOS). Argentus Capital Mgmt Ltd holds 16,453 shares or 0.18% of its portfolio. The California-based Lpl Ltd Limited Liability Company has invested 0.01% in Mosaic Co (NYSE:MOS). State Treasurer State Of Michigan last reported 121,530 shares in the company. Moreover, Babson Capital Mngmt Limited has 0.03% invested in Mosaic Co (NYSE:MOS) for 49,000 shares. British Columbia Management Corporation reported 131,566 shares or 0.03% of all its holdings. Credit Agricole S A has 317,652 shares for 0.03% of their US portfolio. Amica Pension Fund Board Of Trustees accumulated 0.06% or 16,248 shares. Signaturefd holds 0% of its portfolio in Mosaic Co (NYSE:MOS) for 317 shares. Moreover, Schroder Management Group has 0.06% invested in Mosaic Co (NYSE:MOS) for 1.07 million shares. The United Kingdom-based Legal General Group Public Limited Liability Corp has invested 0.05% in Mosaic Co (NYSE:MOS). Blackrock Japan Limited accumulated 0.04% or 403,552 shares. Westport Resources Mgmt last reported 10,288 shares in the company. Moreover, Calamos Limited Liability Com has 0.01% invested in Mosaic Co (NYSE:MOS) for 80,746 shares. State Of Wisconsin Investment Board has invested 0.05% of its portfolio in Mosaic Co (NYSE:MOS).
Insider Transactions: Since June 2, 2016, the stock had 0 buys, and 1 sale for $507,080 net activity. 19,716 shares were sold by BRAUSEN ANTHONY T, worth $507,080.
More news for Mosaic Co (NYSE:MOS) were recently published by: Reuters.com, which released: “Florida sinkhole at Mosaic Co fertilizer site leaks radioactive water” on September 16, 2016. Bloomberg.com‘s article titled: “Mosaic’s Radioactive Sinkhole Problem Could Mean Mine Delays” and published on September 27, 2016 is yet another important article.
MOS Company Profile
The Mosaic Company (Mosaic), incorporated on March 25, 2004, is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s divisions include Phosphates, Potash and International Distribution. The Company’s Phosphates Segment sells phosphate crop nutrients and animal feed ingredients throughout North America and internationally. The Company’s Potash Segment sells potash throughout North America and internationally, principally as fertilizer, and also for use in industrial applications. The Company’s International Distribution Segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil, Paraguay, India and China.
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