Analysts expect Mosaic Co (NYSE:MOS) to post earnings per share (EPS) of ($0.08) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Mosaic’s earnings, with estimates ranging from ($0.15) to ($0.01). Mosaic reported earnings per share of $0.12 during the same quarter last year, which would indicate a negative year-over-year growth rate of 166.7%. The company is expected to issue its next quarterly earnings report after the market closes on Monday, August 3rd.

According to Zacks, analysts expect that Mosaic will report full year earnings of $0.02 per share for the current financial year, with EPS estimates ranging from ($0.25) to $0.21. For the next financial year, analysts expect that the business will post earnings of $0.45 per share, with EPS estimates ranging from $0.00 to $0.97. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Mosaic.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Monday, May 4th. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.65 billion. Mosaic had a negative return on equity of 0.53% and a negative net margin of 15.91%. The company’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 earnings per share.

A number of research analysts have recently issued reports on the company. Barclays lowered their price target on Mosaic from $25.00 to $12.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. BofA Securities upgraded Mosaic from an “underperform” rating to a “buy” rating and upped their price objective for the company from $12.00 to $15.00 in a research report on Monday. Cfra cut Mosaic from a “strong-buy” rating to a “hold” rating and reduced their price objective for the company from $26.00 to $13.00 in a research report on Friday, April 3rd. UBS Group reiterated a “buy” rating and set a $17.00 price objective on shares of Mosaic in a research report on Tuesday, May 5th. Finally, Bank of America upgraded Mosaic from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $15.00 in a research report on Monday. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $16.94.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its stake in shares of Mosaic by 86.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,197 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 555 shares during the period. IndexIQ Advisors LLC boosted its stake in Mosaic by 20.4% during the first quarter. IndexIQ Advisors LLC now owns 5,157 shares of the basic materials company’s stock valued at $55,000 after buying an additional 874 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in Mosaic by 3.0% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 35,205 shares of the basic materials company’s stock valued at $762,000 after buying an additional 1,026 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Mosaic by 1.0% during the fourth quarter. Victory Capital Management Inc. now owns 112,577 shares of the basic materials company’s stock valued at $2,234,000 after buying an additional 1,161 shares during the last quarter. Finally, Comerica Bank boosted its stake in Mosaic by 1.5% during the first quarter. Comerica Bank now owns 84,209 shares of the basic materials company’s stock valued at $954,000 after buying an additional 1,209 shares during the last quarter. 72.96% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:MOS traded up $0.57 during midday trading on Tuesday, reaching $12.65. 3,820,200 shares of the company’s stock traded hands, compared to its average volume of 5,573,342. The company has a market cap of $4.74 billion, a price-to-earnings ratio of -3.44, a P/E/G ratio of 71.90 and a beta of 1.69. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.70 and a current ratio of 1.29. Mosaic has a one year low of $6.50 and a one year high of $25.70. The stock has a 50 day moving average of $12.41 and a 200 day moving average of $15.23.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Wednesday, June 3rd. Mosaic’s dividend payout ratio (DPR) is 105.26%.

Mosaic Company Profile

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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