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Mosaic (MOS) Outpaces Stock Market Gains: What You Should Know
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Mosaic (MOS - Free Report) closed the most recent trading day at $39.79, moving +0.66% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq added 0.61%.
Coming into today, shares of the fertilizer maker had gained 15.08% in the past month. In that same time, the Basic Materials sector gained 6.49%, while the S&P 500 gained 4.86%.
Wall Street will be looking for positivity from Mosaic as it approaches its next earnings report date. This is expected to be August 1, 2023. The company is expected to report EPS of $1.13, down 68.96% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.22 billion, down 40.13% from the prior-year quarter.
MOS's full-year Zacks Consensus Estimates are calling for earnings of $4.07 per share and revenue of $13.28 billion. These results would represent year-over-year changes of -63.03% and -30.56%, respectively.
Any recent changes to analyst estimates for Mosaic should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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. 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 9.48% lower. 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 9.72 right now. Its industry sports an average Forward P/E of 11.28, so we one might conclude that Mosaic is trading at a discount comparatively.
Investors should also note that MOS has a PEG ratio of 1.39 right now. 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. The Fertilizers industry currently had an average PEG ratio of 1.39 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 243, which puts it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Mosaic (MOS) Outpaces Stock Market Gains: What You Should Know
Mosaic (MOS - Free Report) closed the most recent trading day at $39.79, moving +0.66% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq added 0.61%.
Coming into today, shares of the fertilizer maker had gained 15.08% in the past month. In that same time, the Basic Materials sector gained 6.49%, while the S&P 500 gained 4.86%.
Wall Street will be looking for positivity from Mosaic as it approaches its next earnings report date. This is expected to be August 1, 2023. The company is expected to report EPS of $1.13, down 68.96% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.22 billion, down 40.13% from the prior-year quarter.
MOS's full-year Zacks Consensus Estimates are calling for earnings of $4.07 per share and revenue of $13.28 billion. These results would represent year-over-year changes of -63.03% and -30.56%, respectively.
Any recent changes to analyst estimates for Mosaic should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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. 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 9.48% lower. 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 9.72 right now. Its industry sports an average Forward P/E of 11.28, so we one might conclude that Mosaic is trading at a discount comparatively.
Investors should also note that MOS has a PEG ratio of 1.39 right now. 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. The Fertilizers industry currently had an average PEG ratio of 1.39 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 243, which puts it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.