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Mosaic (MOS) Dips More Than Broader Markets: What You Should Know

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Mosaic (MOS) closed the most recent trading day at $49.66, moving -1.68% from the previous trading session. This change lagged the S&P 500's daily loss of 1.15%. Elsewhere, the Dow lost 0.71%, while the tech-heavy Nasdaq lost 0.13%.

Coming into today, shares of the fertilizer maker had gained 3.63% in the past month. In that same time, the Basic Materials sector lost 7.87%, while the S&P 500 gained 1.44%.

Wall Street will be looking for positivity from Mosaic as it approaches its next earnings report date. This is expected to be August 1, 2022. The company is expected to report EPS of $3.90, up 233.33% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.62 billion, up 100.52% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $13.60 per share and revenue of $21.64 billion, which would represent changes of +169.84% and +75.14%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Mosaic. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.04% higher. Mosaic is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, Mosaic currently has a Forward P/E ratio of 3.71. For comparison, its industry has an average Forward P/E of 4.8, which means Mosaic is trading at a discount to the group.

Also, we should mention that MOS has a PEG ratio of 0.53. 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. Fertilizers stocks are, on average, holding a PEG ratio of 0.57 based on yesterday's closing prices.

The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 47, putting it in the top 19% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow MOS in the coming trading sessions, be sure to utilize Zacks.com.


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