Mizuho Securities analyst Edlain Rodriguez has maintained their neutral stance on MOS stock, giving a Hold rating on February 27.
Edlain Rodriguez has given his Hold rating due to a combination of factors affecting Mosaic Co’s financial performance. The company’s adjusted EBITDA for the fourth quarter was slightly above expectations, but there were notable year-over-year declines in both earnings per share and EBITDA, primarily due to disruptions in phosphate production from hurricanes and increased logistics costs for potash.
Despite these challenges, Mosaic’s phosphate segment showed resilience with higher prices and margins, although volumes were lower than anticipated. The potash segment also faced volume and price pressures, which contributed to the cautious outlook. Overall, while there are positive aspects such as strong phosphate pricing, the uncertainties and mixed results across different segments justify a Hold rating.
In another report released on February 27, Wells Fargo also maintained a Hold rating on the stock with a $29.00 price target.
MOS’s price has also changed moderately for the past six months – from $28.890 to $25.090, which is a -13.15% drop .