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Mosaic (MOS) Stock Moves -0.18%: What You Should Know
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In the latest trading session, Mosaic (MOS - Free Report) closed at $50.72, marking a -0.18% move from the previous day. This change was narrower than the S&P 500's 0.67% loss on the day. At the same time, the Dow lost 0.33%, and the tech-heavy Nasdaq lost 0.22%.
Heading into today, shares of the fertilizer maker had lost 6.44% over the past month, lagging the Basic Materials sector's loss of 1.68% and the S&P 500's loss of 3.76% in that time.
Mosaic will be looking to display strength as it nears its next earnings release, which is expected to be November 7, 2022. The company is expected to report EPS of $3.60, up 166.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $6.14 billion, up 79.55% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $13.11 per share and revenue of $20.99 billion. These totals would mark changes of +160.12% and +69.86%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Mosaic. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.77% lower within the past month. Mosaic is currently sporting a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Mosaic has a Forward P/E ratio of 3.88 right now. For comparison, its industry has an average Forward P/E of 5.11, which means Mosaic is trading at a discount to the group.
Meanwhile, MOS's PEG ratio is currently 0.55. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Fertilizers industry currently had an average PEG ratio of 0.59 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 158, putting it in the bottom 38% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Mosaic (MOS) Stock Moves -0.18%: What You Should Know
In the latest trading session, Mosaic (MOS - Free Report) closed at $50.72, marking a -0.18% move from the previous day. This change was narrower than the S&P 500's 0.67% loss on the day. At the same time, the Dow lost 0.33%, and the tech-heavy Nasdaq lost 0.22%.
Heading into today, shares of the fertilizer maker had lost 6.44% over the past month, lagging the Basic Materials sector's loss of 1.68% and the S&P 500's loss of 3.76% in that time.
Mosaic will be looking to display strength as it nears its next earnings release, which is expected to be November 7, 2022. The company is expected to report EPS of $3.60, up 166.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $6.14 billion, up 79.55% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $13.11 per share and revenue of $20.99 billion. These totals would mark changes of +160.12% and +69.86%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Mosaic. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.77% lower within the past month. Mosaic is currently sporting a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Mosaic has a Forward P/E ratio of 3.88 right now. For comparison, its industry has an average Forward P/E of 5.11, which means Mosaic is trading at a discount to the group.
Meanwhile, MOS's PEG ratio is currently 0.55. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Fertilizers industry currently had an average PEG ratio of 0.59 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 158, putting it in the bottom 38% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.