Tuesday, October 7, 2025

Latest

BMO: Mosaic Is “Delivering On The Promise”

Last week, Mosaic Co (NYSE: MOC) released their full-year 2020 financial results. The company announced fourth-quarter results of $828 million and earnings per share of $2.17. EBITDA meanwhile came in at 508 million.

Three analysts have come out with price target upgrades. Stephens raised their price target to $36 from $32, while Credit Suisse raised their target to $37 from $35. Lastly, BMO Capital Markets raised their price target to $30 from $25.

Mosaic currently has 21 analysts covering the company with a weighted 12-month price target of $29.85. This is up from the average before the results, which was $27.75. Five analysts have a strong buy. Six have buy ratings, and the majority, ten have hold ratings.

BMO’s analyst Joel Jackson headlines, “Delivering on the Promise.” He believes that the company is progressing through peak phosphate prices now. He writes, “MOS has done a tremendous job to monetize the stronger phosphate dynamic, contain costs, and wring more growth out of Brazil.”

This note primarily focuses on the earnings call and not the actual earnings release, although BMO has updated their 2020 and 2021 estimates, which you can find below.

Jackson says that Mosaic most likely hit their peak potash production in 2020 but, “could be a little more to push in 2021 if demand is there.” He says that even if they grow production, there might not be any more room citing that China and India would be the main places new volume would come from.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Kinross Gold: BMO Expects The Sale of Russian Assets

Last week, Kinross Gold Corporation (TSX: K) announced the suspension of its Russian operations. Impacted...

Sunday, March 13, 2022, 11:17:00 AM

Cormark: “Eguana Tech Is At The Very Forefront Of The Growing Wave Of Energy Storage”

Yesterday, Eguana Technologies (TSXV: EGT) released their full year 2020 financial results, alongside an operational...

Friday, January 22, 2021, 11:45:00 AM

Facebook Blows Analyst Expectations Away With Strong Results

Facebook Inc (NASDAQ: FB) opened 8% higher Thursday morning, reaching record highs and closing in...

Saturday, May 1, 2021, 03:34:00 PM

NG Energy: Canaccord Initiates Coverage With $1.40 Price Target

Last week Canaccord Genuity Capital Markets’ initiated coverage on NG Energy (TSXV: GASX) with a...

Friday, July 22, 2022, 12:37:00 PM

Organigram Holdings: Numerous Analysts Cut Price Targets On Poor Earnings

Yesterday, Organigram Holdings (TSX: OGI) (NASDAQ: OGI) released its financial statements for the third quarter...

Wednesday, July 22, 2020, 04:58:34 PM