Long Position on MOS @ $42.75 on 1/18/2022 (Fundamentals)

The Mosaic Company (MOS), through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally.

Trendline Support on $ MOSThe company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes.

It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.

The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products.

The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts.

Please note, this stock reports earnings on Wednesday, February 16th.

Mosaic reported 3rd Quarter September 2021 earnings of $1.35 per share on revenue of $3.4 billion. The consensus earnings estimate was $1.59 per share on revenue of $3.8 billion. Revenue grew 43.5% on a year-over-year basis.

As the stock has had solid earnings revision, this stock should have strong earnings in the future.

Entry Point: $42.75

Trading Range: $25.63 - $43.84

Stop Loss: $40.60

Target Price: $47.00

 

Position closed on 2/10/2022 at price of $47.00 with a 9.94% gain in 23 days.

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