Next 12 months
The estimates we’ve discussed so far have been priced into Mosaic (MOS) stock. Any deviation in Mosaic’s earnings from these estimates may lead the stock to correct.
In this part, we’ll look at the latest analysts’ recommendations and the price target for Mosaic over the next 12 months.
On February 2, 2017, only three of the 20 analysts covering Mosaic (MOS) stock gave the company a “strong buy” to a “buy” recommendation for the next 12 months. Mosaic has a high concentration of analysts recommending a “hold” over the next 12 months. Eight analysts gave “sell” recommendations for the stock, and none gave a “strong sell” recommendation for the same period. PotashCorp (POT), Agrium (AGU), and CF Industries (CF) also have most analysts recommending a “hold” over the next 12 months.
With more analysts recommending a “hold” or a “sell” for the company, the market environment for Mosaic (MOS) appears subdued for the next 12 months.
For the next 12 months, Wall Street analysts have a price target of $27.30 for Mosaic. However, the stock closed at $31.68 on February 1, 2017, which is 16% above that target price.
Investors (SOIL) may be more optimistic than analysts about Mosaic’s performance over the next 12 months. If the company fails to meet expectations in its upcoming earnings release, the price may see a correction.
We’ll report our analysis following the company’s earnings release. In the meanwhile, you can get updates on the agricultural fertilizer industry at our Agricultural Fertilizers page.