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Mosaic (MOS) Stock Moves -0.72%: What You Should Know

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In the latest trading session, Mosaic (MOS - Free Report) closed at $46.72, marking a -0.72% move from the previous day. This change was narrower than the S&P 500's 0.76% loss on the day. Elsewhere, the Dow lost 0.76%, while the tech-heavy Nasdaq lost 10.92%.

Coming into today, shares of the fertilizer maker had gained 2.64% in the past month. In that same time, the Basic Materials sector gained 7.22%, while the S&P 500 gained 2.18%.

Mosaic will be looking to display strength as it nears its next earnings release. On that day, Mosaic is projected to report earnings of $2.08 per share, which would represent year-over-year growth of 6.67%. Meanwhile, our latest consensus estimate is calling for revenue of $4.31 billion, up 12.13% from the prior-year quarter.

It is also important to note the recent changes to analyst estimates for Mosaic. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about 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.

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. Over the past month, the Zacks Consensus EPS estimate has moved 9.23% lower. Mosaic is currently a Zacks Rank #5 (Strong Sell).

Digging into valuation, Mosaic currently has a Forward P/E ratio of 5.25. This valuation marks a discount compared to its industry's average Forward P/E of 6.28.

Also, we should mention that MOS has a PEG ratio of 0.75. 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. MOS's industry had an average PEG ratio of 0.83 as of yesterday's close.

The Fertilizers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 232, which puts it in the bottom 8% 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.

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


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