Investors focused on the Basic Materials space have likely heard of The Mosaic (MOS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of MOS and the rest of the Basic Materials group's stocks.
The Mosaic is a member of the Basic Materials sector. This group includes 250 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. MOS is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for MOS's full-year earnings has moved 11.54% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that MOS has returned about 43.65% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have lost about 12.30% on average. This means that The Mosaic is outperforming the sector as a whole this year.
Looking more specifically, MOS belongs to the Fertilizers industry, which includes 7 individual stocks and currently sits at #11 in the Zacks Industry Rank. This group has gained an average of 5.41% so far this year, so MOS is performing better in this area.
Investors with an interest in Basic Materials stocks should continue to track MOS. The stock will be looking to continue its solid performance.