Wolfe Research has recently initiated Mosaic Co (MOS) stock to Outperform rating, as announced on March 1, 2024, according to Finviz. Earlier, on February 29, 2024, Piper Sandler had reduced the stock from a Neutral to Underweight, setting a price target of $32 for MOS stock. Scotiabank also raised Sector Outperform rating with a price target of $40. Additionally, Mizuho reduced Neutral rating on January 24, 2024, with a target price of $34. Barclays analysts, in their report published on November 14, 2023, also raised Overweight rating and set a price target of $40 for Mosaic Co’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Mosaic Co (MOS) Stock Trading Recap
On Monday, Mosaic Co (MOS) stock saw a modest uptick, ending the day at $28.03 which represents a slight increase of $0.30 or 1.08% from the prior close of $27.73. The stock opened at $27.7 and touched a low of $27.6 during the day, reaching a high of $28.29. The volume of shares traded was 3.44 million falling short of the average volume of 3.86 million.
MOS Stock Performance and Moving Averages
In recent trading, Mosaic Co (MOS) stock price has shown some volatility, fluctuating -1.06% over the last five trades and 7.15% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -4.85%, and it has plunged by -0.25% in the previous three months. Currently, MOS is trading at 3.96%, 6.05%, and -3.38% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, MOS, a Basic Materials sector stock, is trading -26.81% below its 52-week high but remains 16.23% above its 52-week low. The Average True Range (ATR) (14 days) of 0.9 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Mosaic Co’s Profitability and Valuation Ratios
Mosaic Co’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 10.20% and a profit margin of 2.01%, with a gross margin of -4.85%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Mosaic Co’s market capitalization stands at $8.74 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 37.93, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.89. Additionally, the Price-to-Sales Ratio is 0.72, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.77, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.68% of Mosaic Co (MOS)’s shares, while financial institutions hold 86.86%.
Notable insider trades include Precourt Walter F. III, SVP – Chief Admin Officer at Mosaic Co (MOS), who sold 39748 shares on Aug 13 ’24, at $27.96 each, totaling $1.11 million. On Aug 12 ’24, WESTBROOK KELVIN R, Director, sold 12666 shares for $27.32 each, amounting to $0.35 million.
