How Is Mosaic Company. (NYSE: MOS) Expected To Fare In The Coming Months?

Mosaic Company (NYSE:MOS) has a beta value of 1.52 and has seen 3.99 million shares traded in the last trading session. The company, currently valued at $10.72B, closed the last trade at $33.31 per share which meant it gained $0.75 on the day or 2.30% during that session. The MOS stock price is -46.86% off its 52-week high price of $48.92 and 12.19% above the 52-week low of $29.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.72 million shares traded. The 3-month trading volume is 5.15 million shares.

Mosaic Company (NYSE:MOS) trade information

Sporting 2.30% in the green in last session, the stock has traded in the green over the last five days, when the MOS stock price touched $33.31 or saw a rise of 0.39%. Year-to-date, Mosaic Company shares have moved -6.77%, while the 5-day performance has seen it change 3.74%. Over the past 30 days, the shares of Mosaic Company (NYSE:MOS) have changed 5.44%. Short interest in the company has seen 5.1 million shares shorted with days to cover at 1.02.

Mosaic Company (MOS) estimates and forecasts

Figures show that Mosaic Company shares have underperformed across the wider relevant industry. The company’s shares have lost -1.13% over the past 6 months, with this year growth rate of -22.41%, compared to -17.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -38.60% and -21.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be -8.50%.

10 analysts offering their estimates for the company have set an average revenue estimate of $2.92 billion for the current quarter. 9 have an estimated revenue figure of $3.09 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $3.6 billion and $3.39 billion respectively for this quarter and the next, and analysts expect sales will shrink by -19.00% for the current quarter and -8.90% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.51% over the past 5 years.

MOS Dividends

Mosaic Company is expected to release its next earnings report between May 01 and May 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.81 at a share yield of 2.43%. The company’s dividend yield has gone up over the past 12 months.

Mosaic Company (NYSE:MOS)’s Major holders

Insiders own 0.92% of the company shares, while shares held by institutions stand at 81.38% with a share float percentage of 82.13%. Investors are also buoyed by the number of investors in a company, with Mosaic Company having a total of 1,047 institutions that hold shares in the company. The top two institutional holders are Capital World Investors with over 42.98 million shares worth more than $1.5 billion. As of Jun 29, 2023, Capital World Investors held 12.93% of shares outstanding.

The other major institutional holder is Vanguard Group Inc, with the holding of over 38.23 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $1.34 billion and represent 11.51% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Fundamental Investors Inc and Washington Mutual Investors Fund. As of Sep 29, 2023, the former fund manager holds about 5.22% shares in the company for having 17.35 million shares of worth $617.8 million while later fund manager owns 10.64 million shares of worth $378.73 million as of Sep 29, 2023, which makes it owner of about 3.20% of company’s outstanding stock.