Mosaic Company (NYSE:MOS) shares, rose in value, with the stock price up by 0.71% to the previous day’s close as strong demand from buyers drove the stock to $32.78.
Actively observing the price movement in the last trading, the stock closed the session at $32.55. The value of beta (5-year monthly) was 1.52 whereas the PE ratio was 9.39 over 12-month period. Referring to stock’s 52-week performance, its high was $48.92, and the low was $29.25. On the whole, MOS has fluctuated by 4.93% over the past month.
With the market capitalization of Mosaic Company currently standing at about $10.54 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 01, 2024 – May 06, 2024. The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 2.47%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.72, which is expected to increase to $1.13 for fiscal year $3.02 and then to about $2.95 by fiscal year 2025. Data indicates that the EPS growth is expected to be -15.40% in 2025, while the next year’s EPS growth is forecast to be -2.30%.
Analysts have estimated the company’s revenue for the quarter at $2.96 billion, with a low estimate of $2.81 billion and a high estimate of $3.1 billion. According to the average forecast, sales growth in current quarter could jump down -17.80%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $12.54 billion, representing a decrease of -8.40% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that MOS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of MOS currently trading nearly 2.94% and 4.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.72, while the 7-day volatility ratio is showing 2.48% which for the 30-day chart, stands at 2.42%. Furthermore, Mosaic Company (MOS)’s beta value is 1.52, and its average true range (ATR) is 0.80.
A comparison of Mosaic Company (MOS) with its peers suggests the former has fared considerably weaker in the market. MOS showed an intraday change of 0.71% in last session, and over the past year, it shrunk by -29.60%%.
Data on historical trading for Mosaic Company (NYSE:MOS) indicates that the trading volumes over the past 10 days have averaged 4.49 million and over the past 3 months, they’ve averaged 5.19 million. According to company’s latest data on outstanding shares, there are 324.10 million shares outstanding.
Nearly 0.66% of Mosaic Company’s shares belong to company insiders and institutional investors own 79.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.55 million shares as on Mar 15, 2024, resulting in a short ratio of 0.79. According to the data, the short interest in Mosaic Company (MOS) stood at 1.41% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 4.41 million. The stock has fallen by -8.26% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MOS stock heading into the next quarter.
