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Is The Mosaic (MOS) Stock Outpacing Its Basic Materials Peers This Year?

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For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. The Mosaic (MOS - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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 our Basic Materials group, which includes 242 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MOS is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for MOS's full-year earnings has moved 7.54% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, MOS has returned 6.03% so far this year. Meanwhile, the Basic Materials sector has returned an average of 5.16% on a year-to-date basis. This means that The Mosaic is performing better than its sector in terms of year-to-date returns.

Looking more specifically, MOS belongs to the Fertilizers industry, a group that includes 7 individual stocks and currently sits at #15 in the Zacks Industry Rank. This group has gained an average of 6.52% so far this year, so MOS is slightly underperforming its industry in this area.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to MOS as it looks to continue its solid performance.


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