MOO - VanEck Vectors Agribusiness ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
65.86
-0.14 (-0.21%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close66.00
Open66.10
Bid0.00 x 1200
Ask0.00 x 1200
Day's Range65.79 - 66.28
52 Week Range58.25 - 66.28
Volume66,841
Avg. Volume43,451
Net Assets843.72M
NAV64.90
PE Ratio (TTM)N/A
Yield1.36%
YTD Return4.97%
Beta (3y)0.84
Expense Ratio (net)0.54%
Inception Date2007-08-31
Trade prices are not sourced from all markets
  • MAP Prices Continued Their Ascent Last Week
    Market Realist6 days ago

    MAP Prices Continued Their Ascent Last Week

    MAP (monoammonium phosphate) prices last week continued their ascent unlike DAP (diammonium phosphate) prices, which we discussed in an earlier part of this series. At both Brazil and NOLA (New Orleans), MAP prices remained at an all-time high since the beginning of January 2016.

  • Urea Prices Were Mixed in Week Ending September 14
    Market Realist7 days ago

    Urea Prices Were Mixed in Week Ending September 14

    Last week, granular urea prices were broadly mixed. NOLA (New Orleans) experienced a weekly increase, while Brazil experienced sideways movement in prices from September 7. While prices in NOLA keep inching higher, prices in Brazil appear to have flattened with last week being the fourth consecutive week with almost flat prices.

  • How Fertilizer Stocks and Prices Fared Last Week
    Market Realist7 days ago

    How Fertilizer Stocks and Prices Fared Last Week

    The week ending September 14 was broadly positive for the agribusiness sector. The VanEck Vectors Agribusiness ETF (MOO) rose 2.8% week-over-week, and most of the fertilizer stocks also ended in the positive territory. During this period, the S&P 500 Index (SPY) rose 1.6% week-over-week.

  • Fertilizer Affordability Was Still Unattractive Last Week
    Market Realist11 days ago

    Fertilizer Affordability Was Still Unattractive Last Week

    Fertilizer Prices and Stocks Are on Pause: What's Going On? The Fertilizer Affordability Index, which is issued by Mosaic (MOS), is a single point measure to know where fertilizer prices stand compared to key fertilizer-consuming crops such as corn, wheat, and soybeans. The Fertilizer Affordability Index declined from 0.86x to 0.84x last week, which ended September 7.

  • Potash Prices Were Flat Last Week
    Market Realist12 days ago

    Potash Prices Were Flat Last Week

    Potash fertilizer prices at each of the four locations in the graph below remained flat week-over-week. However, they were still significantly higher year-over-year and at their peak level since January 2016. That explains why the potash segments of fertilizer companies (MOO) Nutrien (NTR), Mosaic (MOS), and Israel Chemicals (ICL) have delivered stable performances this year.

  • Phosphate Prices Mixed for Week Ended September 7
    Market Realist12 days ago

    Phosphate Prices Mixed for Week Ended September 7

    DAP (diammonium phosphate) prices were broadly mixed last week, which ended September 7. Phosphate prices in the United States were flat to positive, while prices in Morocco and Saudi Arabia declined. In other locations, DAP prices were unchanged from the week ended August 31.

  • Urea Prices Flat to Positive in Week Ended September 7
    Market Realist12 days ago

    Urea Prices Flat to Positive in Week Ended September 7

    Urea, the most common nitrogen fertilizer, has been on an upward trend in recent weeks. In the week ended August 31, urea prices made new highs at each of the locations in the chart below. Last week, which ended September 7, urea prices were broadly flat to positive at those two locations.

  • Fertilizer Prices and Stocks Are on Pause: What’s Going On?
    Market Realist13 days ago

    Fertilizer Prices and Stocks Are on Pause: What’s Going On?

    Last week, which ended September 7, the VanEck Vectors Agribusiness ETF (MOO) fell ~1.8%, while the broader market S&P 500 Index fell ~1%. Overall, fertilizer stocks also took a beating.

  • A Look at FMC’s Recommendations and Price Targets
    Market Realist14 days ago

    A Look at FMC’s Recommendations and Price Targets

    FMC (FMC) has struggled so far this year, underperforming the S&P 500 Index and the VanEck Vectors Agribusiness ETF (MOO). The overall consensus recommendation on FMC in September is a “buy.” Of the 16 analysts covering the stock, three have given it “strong buy” recommendations compared to four in August. Over the same period, the number of analysts recommending “buys” has fallen to nine from 11 a month ago.

  • Mosaic’s Consensus Price Target Rises in September
    Market Realist17 days ago

    Mosaic’s Consensus Price Target Rises in September

    The Mosaic Company (MOS) is another fertilizer company that has delivered a positive return this year alongside CF Industries (CF) and Israel Chemicals (ICL). Let’s look at what analysts recommend for the stock. The overall consensus recommendation for Mosaic in September is a “buy.” Of the 19 analysts covering the stock, four have maintained “strong buy” recommendations this month compared to last month.

  • Analysts’ Latest Ratings and Targets for Fertilizer Stocks
    Market Realist17 days ago

    Analysts’ Latest Ratings and Targets for Fertilizer Stocks

    Fertilizer stocks have performed well so far this year, and they continue to deliver higher returns compared to the S&P 500 Index (SPY), which has returned 7% YTD (year-to-date) as of September 6, and the VanEck Vectors Agribusiness ETF (MOO), which has returned 2.2% over the same period. Similarly, rhe Mosaic Company (MOS) has returned 14% over the same period as the commodity industry cycle has witnessed a reversal, with fertilizer prices improving. In our weekly price series, we update you on how fertilizer prices move each week, which can help determine the direction fertilizer stocks could take.

  • Potash Prices for Week Ended August 31
    Market Realist19 days ago

    Potash Prices for Week Ended August 31

    Potash prices, similar to the prices of nitrogen and phosphate, continued to gain momentum in the week ended August 31. Prices were at an all-time high last week at each of the four locations, which we’ll look at below.

  • MAP Prices Kept Up Their Momentum Last Week
    Market Realist19 days ago

    MAP Prices Kept Up Their Momentum Last Week

    MAP (monoammonium phosphate) prices have followed a trajectory similar to DAP and other fertilizer prices so far this year. While MAP prices have risen gradually in recent months, last week, which ended August 31, they reached new highs again at both Brazil and NOLA (New Orleans).

  • What Analysts Recommend for These Four Fertilizer Stocks
    Market Realist25 days ago

    What Analysts Recommend for These Four Fertilizer Stocks

    In this concluding part of the series, we’ll discuss analysts’ recommendations and price targets for the four fertilizer stocks that we’ve discussed in this series. The chart above shows that fewer analysts (MOO) cover Israel Chemicals (ICL), which is headquartered in Tel Aviv. The three analysts that cover the stock have a “hold” recommendation on it.

  • ICL, MOS, CF, NTR: A Look at Valuation Multiples
    Market Realist26 days ago

    ICL, MOS, CF, NTR: A Look at Valuation Multiples

    In this part, we’ll continue our discussion with a review of forward EV-to-EBITDA (enterprise value to earnings before interest tax depreciation, and amortization) of the four fertilizer companies (MOO) we reviewed in the previous parts of this series. Once again, Israel Chemicals (ICL) and Mosaic (MOS) are trading at a discount to the peer median. Israel Chemicals’ forward multiple stood at 8.5x, while Mosaic was trading at a forward multiple of 7.8x as of August 27.

  • Why EBITDA Margins Matter to Fertilizer Stocks
    Market Realist27 days ago

    Why EBITDA Margins Matter to Fertilizer Stocks

    The EBITDA (earnings before interest, tax, depreciation, and tax) metric is helpful in determining how much fertilizer companies’ (MOO) core earnings have improved. Since this measure excludes depreciation and amortization expenses, it is a more comparable measure since it takes away the high capital expenditure expense that fertilizer companies have. In the above chart, except for Israel Chemicals (ICL), the gross margins of the fertilizer companies are expected to expand in fiscal 2019, indicating that these companies could continue to see positive momentum in 2019.

  • Fertilizer Affordability Uncomfortably Lower amid Higher Prices
    Market Realist27 days ago

    Fertilizer Affordability Uncomfortably Lower amid Higher Prices

    In the previous part of this series, we saw that in the week ended August 24, fertilizer prices rose compared to the previous week. The Fertilizer Affordability Index issued by Mosaic (MOS) rose to 0.83x from 0.78x in the week ended August 17. While last week’s affordability remained well below one, it rose to a high since January 2016, making fertilizers less affordable over that period.

  • What’s the Outlook for These Fertilizer Stocks in Fiscal 2019?
    Market Realist27 days ago

    What’s the Outlook for These Fertilizer Stocks in Fiscal 2019?

    Yesterday, we published our weekly fertilizer price update for the week ending August 24. The increase in global fertilizer prices has certainly benefitted companies such as CF Industries (CF), Mosaic (MOS), Nutrien (NTR), and Israel Chemicals (ICL). With this backdrop, let’s look at how some of the major fertilizer companies are expected to perform in the next four quarters.

  • Potash Prices at All-Time High in Week Ended August 24
    Market Realist27 days ago

    Potash Prices at All-Time High in Week Ended August 24

    Potash prices last week, which ended on August 24, remained at an all-time high compared to levels for January 2016. Nutrien (NTR), Mosaic (MOS), and Intrepid Potash (IPI), along with other global players (MOO), have managed to ration their supplies, which appears to have benefited prices.

  • MAP Phosphate Fertilizer Reached New High Last Week
    Market Realist27 days ago

    MAP Phosphate Fertilizer Reached New High Last Week

    MAP (monoammonium phosphate) prices last week rose to a new high, similar to DAP (diammonium phosphate) prices. These prices confirm a strong momentum for fertilizer stocks such as Mosiac (MOS), Nutrien (NTR), and Israel Chemicals (ICL).

  • Urea Prices Continued to Gain Momentum in Week Ended August 24
    Market Realist28 days ago

    Urea Prices Continued to Gain Momentum in Week Ended August 24

    Urea prices continued to show strength last week, which ended on August 24. Urea prices have gotten a lift from a tighter supply environment on the back of higher energy costs in Europe and China. In its recent earnings call, CF Industries (CF) stated that it expects the supply to remain weak from Europe and China on the back of weak energy prices.

  • Fertilizer Continued to Rise in Week Ended August 24
    Market Realist28 days ago

    Fertilizer Continued to Rise in Week Ended August 24

    Last week, which ended on August 24, was broadly positive for the fertilizer sector, with the VanEck Vectors Agribusiness ETF (MOO) ending 1.3% higher than the week ended August 17. This agribusiness ETF also outperformed the overall market S&P 500, which ended higher by 90 basis points. Let’s see how fertilizer stocks performed last week.

  • How CF Industries Fared in the Second Quarter
    Market Realistlast month

    How CF Industries Fared in the Second Quarter

    CF Industries’ (CF) recent quarterly earnings seemed stronger after a string of quarters with negative EPS. Nutrien (NTR), Mosaic (MOS), and Intrepid Potash (IPI) saw similar trends as well. The company reported sales growth of 16% year-over-year in its second quarter due to the increase in realized fertilizer prices across its five segments.

  • Deere’s Q3 2018 Revenue Beats Estimates, Keeps Upward Trajectory
    Market Realistlast month

    Deere’s Q3 2018 Revenue Beats Estimates, Keeps Upward Trajectory

    In the fiscal third quarter, Deere & Company (DE) reported total revenue of $10.31 billion, inclusive of financial services and other revenue. Deere’s equipment business growth was primarily driven by its acquisition of Wirtgen Group, which added 17% to its revenue. Both of Deere’s reporting segments witnessed significant revenue growth.

  • Analyzing Deere’s Valuation before Its Earnings
    Market Realistlast month

    Analyzing Deere’s Valuation before Its Earnings

    In the previous part, we looked at analysts’ recommendations for Deere (DE). In this part, we’ll compare Deere’s valuation with its peer.