RBC Capital lifts Mosaic stock target to $30; retains Sector Perform

Published 04/04/2025, 14:40
RBC Capital lifts Mosaic stock target to $30; retains Sector Perform

On Friday, RBC Capital Markets analyst Andrew Wong updated the price target for Mosaic (NYSE:MOS), a leading producer of phosphate and potash, raising it to $30.00 from the previous $28.00. Despite the increase, the firm maintained a Sector Perform rating on the stock. According to InvestingPro data, the stock currently trades at $24.12, with analyst targets ranging from $25 to $44, suggesting potential upside. The company maintains a "GOOD" overall financial health score, with particularly strong marks in profitability metrics.

Wong’s commentary highlighted Mosaic’s robust plan aimed at enhancing operations, reallocating capital, and driving growth over the long term. However, he noted that these improvements are expected to take time to materialize. With the first quarter results anticipated to be constrained by production turnarounds, the analyst expects the performance to align with the consensus due to favorable conditions in the phosphate and potash markets. InvestingPro analysis indicates the company has maintained dividend payments for 15 consecutive years, currently offering a 3.4% yield, while management has been actively buying back shares.

The market, according to Wong, is looking for evidence of operational improvements before considering a valuation re-rate for Mosaic. Nevertheless, he acknowledged the potential for upside if phosphate prices remain high and Mosaic successfully executes its strategy. Key points of interest for investors include updates on phosphate operations guidance, as Mosaic has indicated a plan to return to run-rate production in the second half of 2025. Additionally, the impact of recent increases in sulphur costs on forward phosphate margins, progress on the sale of non-core assets like the Carlsbad potash properties, and early monetization of Ma’aden shares, as well as cost savings, are among the items to watch. InvestingPro’s Fair Value analysis suggests the stock is currently undervalued, with additional metrics and insights available in the comprehensive Pro Research Report, which covers over 1,400 US stocks.

Mosaic’s strategic initiatives are centered around improving its operational efficiency and financial performance. The company’s efforts to optimize its asset portfolio through sales and the monetization of investments are part of this broader plan. As Mosaic strives to enhance its production rates and reduce costs, the market’s valuation of the company’s stock may be influenced by its ability to meet these strategic objectives and capitalize on favorable market conditions. The company’s revenue stands at $11.1 billion for the last twelve months, with net income expected to grow this year despite current challenges in gross profit margins.

In other recent news, Mosaic Company has declared a quarterly dividend of $0.22 per share, payable in June 2025, highlighting its current financial strategies and approach to shareholder returns. Berenberg has maintained a Hold rating on Mosaic but raised the price target from $32.00 to $35.00, following an analyst day that outlined the company’s growth prospects and capital allocation strategies. Mosaic aims to boost adjusted EBITDA by more than $650 million by 2027, representing a significant increase from its projected 2024 figures. BMO Capital Markets also maintained a positive stance on Mosaic, reiterating an Outperform rating with a $44.00 price target, citing ambitious mid-term guidance for increased EBITDA.

JPMorgan has expressed confidence in Mosaic by maintaining an Overweight rating and a $29.00 price target, noting the company’s valuation metrics compared to industry peers. The firm sees potential for Mosaic to narrow the valuation gap with competitors like Nutrien (NYSE:NTR) and CF Industries (NYSE:CF). Recent developments include a U.S.-Russia deal that could impact the fertilizer market, with potential increased competition from Russian products affecting Mosaic’s market dynamics. These agreements, aimed at restoring Russia’s access to global markets, may influence the profitability of major fertilizer producers, including Mosaic. Investors are closely monitoring these developments as they unfold.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.