In the latest trading session, Mosaic (MOS) closed at $28.75, marking a +0.28% move from the previous day. This change lagged the S&P 500's 0.7% gain on the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 0.69%.
Coming into today, shares of the fertilizer maker had lost 10.1% in the past month. In that same time, the Basic Materials sector gained 3.33%, while the S&P 500 gained 1.95%.
Investors will be hoping for strength from MOS as it approaches its nex t earnings release. On that day, MOS is projected to report earnings of $0.30 per share, which would represent year-over-year growth of 50%. Our most recent consensus estimate is calling for quarterly revenue of $1.90 billion, down 1.72% from the year-ago period.
Investors should also note any recent changes to analyst estimates for MOS. These revisions help to show the ever-changing nature of near-term business trends. 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 0.98% lower within the past month. MOS currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, MOS is holding a Forward P/E ratio of 12.19. This valuation marks a discount compared to its industry's average Forward P/E of 19.29.
Also, we should mention that MOS has a PEG ratio of 1.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MOS's industry had an average PEG ratio of 1.74 as of yesterday's close.
The Fertilizers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 228, which puts it in the bottom 11% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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