The Mosaic Co
MOS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$18.00 | Bytc | Hjdprjy |
Mosaic Earnings: We See Potash Prices Rising in 2024 as Mosaic Shuts Down Higher-Cost Mine
Mosaic's fourth-quarter earnings reflected our near-term outlook for lower fertilizer prices as companywide adjusted EBITDA was down nearly 40% versus the prior-year quarter. After updating our model, we're maintaining our $40 fair value estimate. Our no-moat rating is also unchanged.