Do Wall Street Analysts Like Mosaic Stock?

Core Viewpoint - The Mosaic Company (MOS) has experienced underperformance in its stock compared to the broader market and key agricultural ETFs, despite being a significant player in the phosphate and potash nutrient sector [2][3]. Company Overview - The Mosaic Company, based in Tampa, Florida, specializes in manufacturing and distributing concentrated phosphate and potash crop nutrients, with a market cap of $8.7 billion [1]. - The company operates mines producing essential agricultural products, including diammonium phosphate, monoammonium phosphate, and ammoniated phosphate, and also manufactures phosphate-based animal feed additives [1]. Stock Performance - Over the past year, MOS shares have gained only 1.4%, while the S&P 500 Index has increased by nearly 19.6% [2]. - Year-to-date (YTD) performance shows MOS stock up 10.9%, compared to a 16.5% rise in the S&P 500 [2]. Earnings Report - On August 5, MOS reported Q2 results, with an adjusted EPS of $0.51, missing Wall Street expectations of $0.67, and revenue of $3 billion, falling short of forecasts of $3.1 billion [4]. - For the current fiscal year ending in December, analysts expect MOS' EPS to grow by 48% to $2.93 on a diluted basis [5]. Analyst Ratings - Among 17 analysts covering MOS, the consensus rating is a "Moderate Buy," with nine "Strong Buy" ratings and eight "Holds" [5]. - Recent changes in analyst sentiment show a decrease in bullishness, with 11 analysts previously suggesting a "Strong Buy" [6]. - Oppenheimer Holdings Inc. maintains an "Outperform" rating on MOS, lowering the price target to $40, indicating a potential upside of 46.7% from current levels [6].