why Mosaic Company [MOS] is a Good Choice for Investors After New Price Target of $39.36

Mosaic Company [NYSE: MOS] traded at a low on Tuesday, posting a -1.06 loss after which it closed the day’ session at $31.78. The company report on December 20, 2023 at 4:15 PM that Jody Kuzenko to Join The Mosaic Company Board of Directors.

The Mosaic Company (NYSE:MOS) today announced that Jody Kuzenko, President and Chief Executive Officer of Torex Gold, has been elected to the company’s board of directors, effective January 1, 2024.

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“Mosaic’s board will benefit from Jody’s extensive knowledge of mining as well as her deep understanding of the Canadian business and legal environments,” said Gregory L. Ebel, Chairman of the Board of The Mosaic Company. “We are pleased to welcome her diverse experiences and counsel as a valuable addition to the Mosaic Board.”.

The results of the trading session contributed to over 4091256 shares changing hands. Over the past one week, the price volatility of Mosaic Company stands at 1.85% while the volatility over the past one month is 2.56%.

The market cap for MOS stock reached $10.39 billion, with 339.07 million shares outstanding and 324.68 million shares in the current float. Compared to the average trading volume of 4.13M shares, MOS reached a trading volume of 4091256 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Mosaic Company [MOS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MOS shares is $39.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MOS stock is a recommendation set at 2.77. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Mizuho have made an estimate for Mosaic Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 24, 2024.

The Average True Range (ATR) for Mosaic Company is set at 0.86, with the Price to Sales ratio for MOS stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 1.81. Price to Free Cash Flow for MOS in the course of the last twelve months was 7.21 with Quick ratio for the last quarter at 0.58.

How has MOS stock performed recently?

Mosaic Company [MOS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.33. With this latest performance, MOS shares dropped by -11.99% in over the last four-week period, additionally sinking by -22.03% over the last 6 months – not to mention a drop of -35.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MOS stock in for the last two-week period is set at 32.80, with the RSI for the last a single of trading hit 28.77, and the three-weeks RSI is set at 36.64 for Mosaic Company [MOS]. The present Moving Average for the last 50 days of trading for this stock 35.05, while it was recorded at 32.03 for the last single week of trading, and 36.68 for the last 200 days.

Mosaic Company [MOS]: Deeper insight into the fundamentals

Mosaic Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.58 and a Current Ratio set at 1.10.

Earnings analysis for Mosaic Company [MOS]

With the latest financial reports released by the company, Mosaic Company posted 1.74/share EPS, while the average EPS was predicted by analysts to be reported at 2.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -23.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MOS.

Insider trade positions for Mosaic Company [MOS]

The top three institutional holders of MOS stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in MOS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in MOS stock with ownership which is approximately 5.8325%.