Mosaic (MOS) Gains As Market Dips: What You Should Know

In the latest trading session, Mosaic (MOS) closed at $30.49, marking a +1.8% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.02%.

Prior to today's trading, shares of the fertilizer maker had lost 2.76% over the past month. This has lagged the Basic Materials sector's gain of 2.77% and the S&P 500's gain of 2.91% in that time.

Investors will be hoping for strength from MOS as it approaches its next earnings release, which is expected to be August 2, 2021. On that day, MOS is projected to report earnings of $1.01 per share, which would represent year-over-year growth of 818.18%. Meanwhile, our latest consensus estimate is calling for revenue of $2.93 billion, up 43.19% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.64 per share and revenue of $11.54 billion. These totals would mark changes of +328.24% and +32.93%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for MOS. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 15.56% higher within the past month. MOS is currently a Zacks Rank #3 (Hold).

Investors should also note MOS's current valuation metrics, including its Forward P/E ratio of 8.23. Its industry sports an average Forward P/E of 13.97, so we one might conclude that MOS is trading at a discount comparatively.

Also, we should mention that MOS has a PEG ratio of 1.18. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Fertilizers was holding an average PEG ratio of 1.55 at yesterday's closing price.

The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 21, putting it in the top 9% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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