During the last session, Mosaic Company (NYSE:MOS)’s traded shares were 4.27 million, with the beta value of the company hitting 1.51. At the end of the trading day, the stock’s price was $32.95, reflecting an intraday gain of 0.52% or $0.17. The 52-week high for the MOS share is $48.92, that puts it down -48.47 from that peak though still a striking 11.23% gain since the share price plummeted to a 52-week low of $29.25. The company’s market capitalization is $10.60B, and the average intraday trading volume over the past 10 days was 4.65 million shares, and the average trade volume was 5.20 million shares over the past three months.
Mosaic Company (NYSE:MOS) trade information
Mosaic Company (MOS) registered a 0.52% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.52% in intraday trading to $32.95, hitting a weekly high. The stock’s 5-day price performance is 1.51%, and it has moved by 4.77% in 30 days. Based on these gigs, the overall price performance for the year is -28.66%. The short interest in Mosaic Company (NYSE:MOS) is 4.55 million shares and it means that shorts have 0.79 day(s) to cover.
Mosaic Company (MOS) estimates and forecasts
Statistics show that Mosaic Company has underperformed its competitors in share price, compared to the industry in which it operates. Mosaic Company (MOS) shares have gone down -1.93% during the last six months, with a year-to-date growth rate less than the industry average at -22.41% against -16.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -37.70% this quarter and then drop -22.10% in the quarter after that. In the rating firms’ projections, revenue will decrease -8.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $2.95 billion as predicted by 10 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to $3.08 billion by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $3.6 billion and $3.39 billion respectively. In this case, analysts expect current quarter sales to shrink by -18.10% and then drop by -9.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.51%. While earnings are projected to return -15.18% in 2024.
MOS Dividends
Mosaic Company is due to release its next quarterly earnings between May 01 and May 06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Mosaic Company is 0.81, with the dividend yield indicating at 2.46 percent, continuing the trend of increasing dividends in recent years.
Mosaic Company (NYSE:MOS)’s Major holders
Mosaic Company insiders own 0.93% of total outstanding shares while institutional holders control 81.38%, with the float percentage being 82.15%. Capital World Investors is the largest shareholder of the company, while 1,051 institutions own stock in it. As of Jun 29, 2023, the company held over 42.98 million shares (or 12.93% of all shares), a total value of $1.5 billion in shares.
The next largest institutional holding, with 38.23 million shares, is of Vanguard Group Inc’s that is approximately 11.51% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $1.34 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Mosaic Company (MOS) shares are Fundamental Investors Inc and Washington Mutual Investors Fund. Data provided on Sep 29, 2023 indicates that Fundamental Investors Inc owns about 17.35 million shares. This amounts to just over 5.22 percent of the company’s overall shares, with a $617.8 million market value. The same data shows that the other fund manager holds slightly less at 10.64 million, or about 3.20% of the stock, which is worth about $378.73 million.
