|Bid||0.00 x 2900|
|Ask||31.14 x 4000|
|Day's Range||27.91 - 28.66|
|52 Week Range||19.23 - 29.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2018|
|Forward Dividend & Yield||0.10 (0.39%)|
|1y Target Est||29.00|
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. In the past three years, the segment’s second-quarter revenue has remained flat, but its revenue growth in this quarter has been a welcome development for Deere. The segment’s revenue growth was primarily driven by higher shipment volumes.
Just a week after one of Minnesota's Fortune 500 companies announced it would move its headquarters to Florida, another two local companies have grown big enough to make it onto the list.
WallStEquities.com has initiated research coverage on Monsanto Co. (NYSE: MON), Nutrien Ltd (NTR), The Mosaic Co. (NYSE: MOS), and The Scotts Miracle-Gro Co. (NYSE: SMG). Last Friday at the close, shares in St. Louis, Missouri-based Monsanto Co. ended 0.29% higher at $125.85.
Stifel Nicolaus raised its price target to $43 from $37, and Morgan Stanley raised its price target to $37 from $24. CF Industries and Mosaic (MOS) are the two largest fertilizer companies, producing nitrogen and phosphate fertilizers, respectively.
Yesterday, May 17, Cowen and Company raised its price target for Mosaic (MOS) to $35 per share from its previous target of $32. MOS stock had an “outperform” rating yesterday and rose ~1.1% to $28, taking its year-to-date returns to 9.2%. On May 15, Stifel raised its target price for Mosaic to $32 from $28.
Many are watching to see whether the new tax law will spur individuals or companies to leave California and other high-tax states. Brokerage pioneer Chuck Schwab says it's already happening.
The federal appeals court decision demonstrates that a high level of rigorous science is required to determine the cause of injury in an environmental case.
In this market, picking the right stocks is paramount. Here is a tidy list of top ideas from the strategy team at HSBC.
The Mosaic Co.’s move to Florida may not result in a complete exit from Plymouth after all.
While The Mosaic Co.’s move to Florida is a blow to Minnesota and it’s stable of Fortune 500 companies, the economic impact of the move won’t be as harsh because the company has been reducing its workforce here for several years.
Here's what we know about Mosaic's Minnesota real estate — and what its headquarters presence might look like in Hillsborough County.
The fertilizer giant said it's still considering how many employees will be affected and when the move will happen. It did, however, say that its senior executives and related functions will be relocated.
The Mosaic Company (MOS) today announced that it intends to move its corporate headquarters, including senior executives and related functions, to Hillsborough County, Florida. The move will allow Mosaic to reconsider its U.S. office footprint, including its spaces in Plymouth, Minnesota, as well as its FishHawk and Highland Oaks locations in Florida.
CF Industries (CF) reported its 1Q18 earnings on May 2 after the market closed. Since then, the stock is about 1% higher as of May 10 at $39.41. While the company beat analysts’ EPS (earnings per share) estimates, the stock took a beating due to a weaker-than-expected quarter. To learn more about CF Industries’ earnings, read Snapshot: CF Industries Reports Its 1Q18 Earnings.
Intrepid Potash (IPI) reported its earnings on April 24 before the market opened. The company reported EPS (earnings per share) of $0.01, missing the analyst estimate of $0.02 per share. The stock closed at $4.09 and is trading almost 1.4% lower since the company reported its earnings.
With earnings for most of the agribusiness stocks (MOO) behind us, it’s time to look at how analysts’ ratings and price targets for some of those companies have changed in light of new information from earnings and management guidance. But before that, let’s look at how some of the agribusiness stocks have performed so far.
Last week, potash prices were broadly flat to positive, similar to phosphate fertilizer prices. Recently, one of the biggest potash producers, Nutrien (NTR)(POT), announced its earnings results. To learn more, read Nutrien Stock: 1Q18 Earnings Results Snapshot.
The Mosaic Company (MOS) today announced that Gregory Ebel has assumed the position of Chairman of the company’s Board of Directors upon the conclusion of today’s annual meeting of shareholders. Mr. Ebel succeeds Robert Lumpkins, who has served as Mosaic’s Chairman since the company’s inception in 2004. Mr. Ebel has served on the Board since 2012.
The Mosaic Company (MOS) today announced that Clint Freeland has been named Senior Vice President and Chief Financial Officer, effective June 4. Freeland will lead Mosaic’s global finance and information technology teams. Freeland has 26 years of global business experience, most recently as Executive Vice President and Chief Financial Officer for Dynegy, Inc. “Clint’s wealth of experience and proven leadership will be great assets to Mosaic,” said Joc O’Rourke, President and Chief Executive Officer.
The Mosaic Company (MOS) announced today that its Board of Directors declared a quarterly dividend of $0.025 per share on the Company’s common stock. The declaration and payment of any future dividends is subject to approval by Mosaic’s Board of Directors. There can be no assurance that the Company’s Board of Directors will declare future dividends.
Like DAP (diammonium phosphate) prices last week, MAP (monoammonium phosphate) prices were broadly flat to positive WoW (week-over-week) but stayed higher YoY (year-over-year). MAP prices in Brazil rose 71 basis points WoW to $424 per metric ton from $421 per metric ton, and 16% YoY from $365 per metric ton. NOLA (New Orleans) MAP prices were flat WoW at $381 per metric ton but rose ~23% YoY from $310 per metric ton.
Last week, DAP (diammonium phosphate) prices were broadly flat to positive WoW (week-over-week) and much higher YoY (year-over-year). WoW, Central Florida DAP prices rose 51 basis points to $358 per metric ton from $357 per metric ton, and YoY, they rose ~20% from $297 per metric ton. Similarly, DAP prices in Morocco rose 48 basis points WoW to $420 per metric ton from $418 per metric ton, and 13% YoY from $373 per metric ton.