Mosaic Company (MOS) stock hits $32.16: Is it a good time to buy or wait for a dip?

A share price of Mosaic Company [MOS] is currently trading at $32.16, down -0.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MOS shares have gain 2.55% over the last week, with a monthly amount glided 5.27%, and seem to be holding up well over a long-time horizon.

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On 21, February 2024, Mosaic Announces Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, The Mosaic Company (NYSE:MOS) released its financial results for fourth quarter and full year 2023. The company’s earnings release and supplemental materials are available at https:

From an analyst’s perspective:

Mosaic Company [NYSE: MOS] stock has seen the most recent analyst activity on March 01, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $39. Previously, Piper Sandler downgraded its rating to Underweight on February 29, 2024, and dropped its price target to $32. On February 22, 2024, upgrade upgraded it’s rating to Sector Outperform but maintained its price target of $40 on the stock. Mizuho downgraded its rating to a Neutral and decreased its price target to $34 on January 24, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $42 on November 14, 2023. Barclays downgraded its rating to Underweight for this stock on August 14, 2023, but kept the price target unchanged to $40. In a note dated July 26, 2023, HSBC Securities upgraded an Hold rating on this stock but restated the target price of $40.

Mosaic Company experienced fluctuations in its stock price throughout the past year between $29.25 and $48.92. Currently, Wall Street analysts expect the stock to reach $57.58 within the next 12 months. Mosaic Company [NYSE: MOS] shares were valued at $32.16 at the most recent close of the market. An investor can expect a potential return of 79.04% based on the average MOS price forecast.

Analyzing the MOS fundamentals

Trailing Twelve Months sales for Mosaic Company [NYSE:MOS] were 13.70B which represents -29.72% decline. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.92 points at the first support level, and at 31.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.30, and for the 2nd resistance point, it is at 32.44.

Mosaic Company [MOS] reported earnings per share of $0.71 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.86/share, meaning a difference of -$0.15 and a surprise factor of -17.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.68 per share as compared to estimates of $0.75 per share, a difference of -$0.07 representing a surprise of -9.30%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mosaic Company [NYSE:MOS] is 1.22. In addition, the Quick Ratio stands at 0.57 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 9.21.

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