$0.08 EPS Expected for Mosaic Co (NYSE:MOS) This Quarter
Brokerages predict that Mosaic Co (NYSE:MOS) will announce earnings of $0.08 per share for the current quarter, Zacks reports. Two analysts have issued estimates for Mosaic’s earnings. The lowest EPS estimate is $0.01 and the highest is $0.11. Mosaic posted earnings per share of $0.77 in the same quarter last year, which would indicate a negative year-over-year growth rate of 89.6%. The company is scheduled to report its next quarterly earnings results on Monday, February 24th.
On average, analysts expect that Mosaic will report full-year earnings of $0.53 per share for the current year, with EPS estimates ranging from $0.46 to $0.56. For the next fiscal year, analysts forecast that the business will report earnings of $1.35 per share, with EPS estimates ranging from $0.80 to $1.88. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Mosaic.
Mosaic (NYSE:MOS) last issued its earnings results on Monday, November 4th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Mosaic had a positive return on equity of 4.48% and a negative net margin of 0.36%. The firm had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the prior year, the business earned $0.75 earnings per share. Mosaic’s revenue for the quarter was down 6.0% on a year-over-year basis.
Shares of MOS stock opened at $18.99 on Friday. The company has a current ratio of 1.51, a quick ratio of 0.67 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $19.83 and a two-hundred day simple moving average of $21.36. Mosaic has a 12 month low of $17.36 and a 12 month high of $37.33. The firm has a market capitalization of $7.22 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 5.18 and a beta of 1.62.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Wednesday, December 4th. Mosaic’s dividend payout ratio (DPR) is presently 9.43%.
In other news, Director William T. Monahan acquired 2,360 shares of Mosaic stock in a transaction on Tuesday, September 10th. The stock was acquired at an average cost of $21.15 per share, with a total value of $49,914.00. Following the transaction, the director now owns 39,235 shares of the company’s stock, valued at approximately $829,820.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.51% of the stock is currently owned by insiders.
A number of institutional investors have recently modified their holdings of MOS. Point72 Hong Kong Ltd bought a new position in Mosaic in the 2nd quarter valued at $103,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Mosaic by 25.2% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 61,332 shares of the basic materials company’s stock worth $1,535,000 after buying an additional 12,341 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Mosaic by 10.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 676,189 shares of the basic materials company’s stock worth $13,801,000 after buying an additional 63,523 shares during the last quarter. Centerstone Investors LLC grew its position in Mosaic by 66.5% during the second quarter. Centerstone Investors LLC now owns 479,163 shares of the basic materials company’s stock valued at $11,994,000 after buying an additional 191,429 shares during the period. Finally, ARGA Investment Management LP bought a new position in Mosaic during the third quarter valued at about $1,907,000. Institutional investors and hedge funds own 74.22% of the company’s stock.
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.
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