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Mosaic (MOS) Gains As Market Dips: What You Should Know
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Mosaic (MOS - Free Report) closed at $65.52 in the latest trading session, marking a +1.66% move from the prior day. This move outpaced the S&P 500's daily loss of 0.63%. At the same time, the Dow lost 0.19%, and the tech-heavy Nasdaq lost 0.34%.
Heading into today, shares of the fertilizer maker had gained 24.25% over the past month, outpacing the Basic Materials sector's gain of 9.2% and the S&P 500's gain of 6.02% in that time.
Wall Street will be looking for positivity from Mosaic as it approaches its next earnings report date. The company is expected to report EPS of $2.38, up 317.54% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $4.16 billion, up 81.31% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $11.34 per share and revenue of $18.79 billion, which would represent changes of +125% and +52.04%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Mosaic. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 16.79% higher within the past month. Mosaic is currently sporting a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Mosaic currently has a Forward P/E ratio of 5.69. Its industry sports an average Forward P/E of 7.88, so we one might conclude that Mosaic is trading at a discount comparatively.
We can also see that MOS currently has a PEG ratio of 0.81. 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. Fertilizers stocks are, on average, holding a PEG ratio of 0.9 based on yesterday's closing prices.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 7, putting it in the top 3% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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) Gains As Market Dips: What You Should Know
Mosaic (MOS - Free Report) closed at $65.52 in the latest trading session, marking a +1.66% move from the prior day. This move outpaced the S&P 500's daily loss of 0.63%. At the same time, the Dow lost 0.19%, and the tech-heavy Nasdaq lost 0.34%.
Heading into today, shares of the fertilizer maker had gained 24.25% over the past month, outpacing the Basic Materials sector's gain of 9.2% and the S&P 500's gain of 6.02% in that time.
Wall Street will be looking for positivity from Mosaic as it approaches its next earnings report date. The company is expected to report EPS of $2.38, up 317.54% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $4.16 billion, up 81.31% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $11.34 per share and revenue of $18.79 billion, which would represent changes of +125% and +52.04%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Mosaic. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 16.79% higher within the past month. Mosaic is currently sporting a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Mosaic currently has a Forward P/E ratio of 5.69. Its industry sports an average Forward P/E of 7.88, so we one might conclude that Mosaic is trading at a discount comparatively.
We can also see that MOS currently has a PEG ratio of 0.81. 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. Fertilizers stocks are, on average, holding a PEG ratio of 0.9 based on yesterday's closing prices.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 7, putting it in the top 3% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.