Market Analysts see Mosaic Company [MOS] gaining to $39. Time to buy?

Mosaic Company [NYSE: MOS] gained 4.95% on the last trading session, reaching $32.01 price per share at the time. The company report on March 27, 2024 at 5:50 PM that Mosaic Announces January and February 2024 Revenue and Sales Volumes, Update on Riverview Facility Incident.

The Mosaic Company (NYSE:MOS) announced its combined January and February 2024 sales volumes and revenue by business unit.

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If compared to the average trading volume of 5.02M shares, MOS reached a trading volume of 4882406 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $37.66 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 2.57. 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.

Wolfe Research have made an estimate for Mosaic Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 01, 2024. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $42 to $32. The new note on the price target was released on February 29, 2024, representing the official price target for Mosaic Company stock. Previously, the target price had yet another raise to $40, while Scotiabank analysts kept a Sector Outperform rating on MOS stock. On January 24, 2024, analysts decreased their price target for MOS shares from 42 to 34.

The Average True Range (ATR) for Mosaic Company is set at 0.81, with the Price to Sales ratio for MOS stock in the period of the last 12 months amounting to 0.75. The Price to Book ratio for the last quarter was 0.84, with the Price to Cash per share for the same quarter was set at 1.11. Price to Free Cash Flow for MOS in the course of the last twelve months was 10.25 with Quick ratio for the last quarter at 0.57.

Trading performance analysis for MOS stock

Mosaic Company [MOS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.81. With this latest performance, MOS shares gained by 2.53% in over the last four-week period, additionally sinking by -9.58% over the last 6 months – not to mention a drop of -26.04% 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 53.64, with the RSI for the last a single of trading hit 55.47, and the three-weeks RSI is set at 51.69 for Mosaic Company [MOS]. The present Moving Average for the last 50 days of trading for this stock 31.29, while it was recorded at 31.40 for the last single week of trading, and 35.21 for the last 200 days.

Mosaic Company [MOS]: A deeper dive into fundamental analysis

Mosaic Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.57 and a Current Ratio set at 1.22.

Mosaic Company [MOS]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Mosaic Company posted 1.14/share EPS, while the average EPS was predicted by analysts to be reported at 1.29/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.60%. 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.

An analysis of Institutional ownership at 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%.