The Mosaic Company (MOS) is witnessing various developments as suggested by recent reports. Analysts have increased their FY2024 EPS estimates for the company, while diverse brokerage firms have issued a consensus recommendation of 'Hold'. Some believe Mosaic appears inexpensive but not sufficiently attractive yet. Notably, Barings LLC and others have reduced their stake, while M&T Bank Corp and others have increased theirs in the company. The firm is faced with the impacts of Hurricane Ida on their operations. Reports indicate fluctuating market performances for Mosaic's stock, with some suggesting a possible rebound. The company is set to pay dividends of $0.21 and has posted Q2 2024 earnings forecast of $0.73 per share. Their Q4 earnings were a miss, however, revenues beat estimates. Mosaic announced impacts on operations due to Hurricane Ida but despite this, there are suggestions for investors to retain MOS in their portfolio. The future of the company seems positive due to high demand. However, the company faced headwinds in Q3 2023 with net loss amid decreasing selling prices. Mosaic unveiled Mosaic Biosciences™, a new addition aimed to expand offerings in Plant Health.
The Mosaic Company MOS News Analytics from Tue, 15 Aug 2023 07:00:00 GMT to Thu, 16 May 2024 06:46:51 GMT -
