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Analysts expect The Mosaic Company (NYSE:MOS - Get Rating) to post sales of $5.81 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Mosaic's earnings, with estimates ranging from $5.62 billion to $5.99 billion. Mosaic reported sales of $2.80 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 107.5%. The company is scheduled to report its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Mosaic will report full-year sales of $21.99 billion for the current year, with estimates ranging from $20.15 billion to $23.13 billion. For the next year, analysts expect that the business will post sales of $19.58 billion, with estimates ranging from $15.25 billion to $22.93 billion. Zacks Investment Research's sales calculations are an average based on a survey of sell-side research analysts that cover Mosaic.

Mosaic (NYSE:MOS - Get Rating) last announced its quarterly earnings results on Monday, May 2nd. The basic materials company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.01. Mosaic had a return on equity of 23.80% and a net margin of 18.99%. During the same period last year, the firm posted $0.57 earnings per share.

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Several equities analysts recently weighed in on MOS shares. Barclays started coverage on Mosaic in a research note on Wednesday, June 1st. They issued an "underweight" rating and a $59.00 price target for the company. Exane BNP Paribas lowered Mosaic from an "outperform" rating to a "neutral" rating and set a $82.00 price target for the company. in a research note on Wednesday, April 20th. Mizuho lifted their price objective on Mosaic from $59.00 to $89.00 in a report on Friday, April 29th. The Goldman Sachs Group upgraded Mosaic from a "neutral" rating to a "buy" rating and set a $83.00 price objective on the stock in a report on Tuesday, March 15th. Finally, Stifel Nicolaus lifted their price objective on Mosaic from $49.00 to $55.00 and gave the stock a "hold" rating in a report on Tuesday, March 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $66.41.

Shares of Mosaic stock opened at $53.66 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.23 and a debt-to-equity ratio of 0.29. Mosaic has a twelve month low of $28.26 and a twelve month high of $79.28. The business has a 50-day moving average price of $64.69 and a 200 day moving average price of $52.44. The firm has a market cap of $19.42 billion, a PE ratio of 7.60, a P/E/G ratio of 0.59 and a beta of 1.57.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 16th. Investors of record on Thursday, June 2nd will be paid a dividend of $0.15 per share. This is an increase from Mosaic's previous quarterly dividend of $0.11. The ex-dividend date is Wednesday, June 1st. This represents a $0.60 annualized dividend and a yield of 1.12%. Mosaic's payout ratio is 8.50%.

Mosaic announced that its board has authorized a stock buyback program on Tuesday, February 22nd that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the basic materials company to reacquire up to 6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

In related news, VP Walter F. Precourt III sold 9,647 shares of the business's stock in a transaction that occurred on Monday, April 18th. The shares were sold at an average price of $78.00, for a total value of $752,466.00. Following the sale, the vice president now directly owns 75,000 shares in the company, valued at approximately $5,850,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Denise C. Johnson sold 24,427 shares of the business's stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $65.00, for a total transaction of $1,587,755.00. The disclosure for this sale can be found here. Insiders sold a total of 99,039 shares of company stock valued at $7,169,395 in the last three months. Insiders own 0.57% of the company's stock.

Several hedge funds have recently added to or reduced their stakes in MOS. Capital International Investors acquired a new stake in shares of Mosaic during the first quarter valued at approximately $412,663,000. Norges Bank bought a new stake in Mosaic in the fourth quarter worth approximately $158,393,000. Wellington Management Group LLP grew its position in Mosaic by 910.9% in the first quarter. Wellington Management Group LLP now owns 4,451,909 shares of the basic materials company's stock worth $296,052,000 after acquiring an additional 4,011,530 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Mosaic in the fourth quarter worth approximately $86,540,000. Finally, Contrarius Investment Management Ltd bought a new stake in Mosaic in the first quarter worth approximately $133,003,000. Institutional investors and hedge funds own 82.54% of the company's stock.

Mosaic Company Profile (Get Rating)

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 Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.

Further ReadingGet a free copy of the StockNews.com research report on Mosaic (MOS)The Institutions Are Rotating Into Olli’s Bargain Outlet Inflation, An Economic Winter Is Approaching Microcap Oil-Dri Corporation Is A Buy For Income InvestorsWould Netflix acquiring Roku be a positive for the stock?Now’s The Time To Buy MongoDB (NASDAQ: MDB) 

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