Last $615.00 MXN
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:08 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

mosaic co/the (MOS*) Snapshot

Open
$615.00
Previous Close
$615.00
Day High
$615.00
Day Low
$615.00
52 Week High
06/23/14 - $661.40
52 Week Low
08/23/13 - $543.20
Market Cap
227.4B
Average Volume 10 Days
291.7
EPS TTM
--
Shares Outstanding
340.3M
EX-Date
06/3/14
P/E TM
--
Dividend
$0.98
Dividend Yield
2.12%
Current Stock Chart for MOSAIC CO/THE (MOS*)

mosaic co/the (MOS*) Related Businessweek News

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mosaic co/the (MOS*) Details

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. It operates in two segments, Phosphates and Potash. The Phosphates segment offers concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate product; and phosphate-based animal feed ingredients. This segment markets animal feed ingredients under the Biofos and Nexfos brand names. The Potash segment produces and sells potash for use as fertilizers and animal feed ingredients, as well as for use in various industrial applications. It also offers potash products for use in the de-icing and as a water softener regenerant. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts through a network of sales offices, port terminals, and warehouses. The Mosaic Company was founded in 2004 and is headquartered in Plymouth, Minnesota.

8,200 Employees
Last Reported Date: 02/18/14
Founded in 2004

mosaic co/the (MOS*) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Interim Chief Executive Officer
Total Annual Compensation: $385.4K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $312.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $678.3K
Senior Vice President of Commercial
Total Annual Compensation: $274.6K
Compensation as of Fiscal Year 2013.

mosaic co/the (MOS*) Key Developments

The Mosaic Company Announces Management Changes

The Mosaic Company announced that Jim Prokopanko will return from a previously announced medical leave and resume his duties as President and Chief Executive Officer on August 4, 2014. Mr. Stranghoener, who has announced his intention to retire at the end of 2014, will serve as Executive Vice President--Strategy and Business Development.

The Mosaic Company Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014; Provides Sales Guidance for the Third Quarter of 2014

The Mosaic Company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net sales were $2,440.2 million against $2,618.7 a year ago. Operating earnings was $403.2 million against $525.7 million a year ago. Operating earnings decreased as higher phosphate volumes were more than offset by significantly lower realized potash prices. Earnings from consolidated companies before income taxes were $333.1 million against $551.1 million a year ago. Earnings from consolidated companies were $250.4 million against $424.8 million a year ago. Net earnings including no controlling interests were $248.2 million against $430.0 million a year ago. Net earnings attributable to the company were $248.4 million or $64 per diluted share against $429.8 million or $1.01 per basic and diluted share a year ago. Notable items negatively impacted earnings by $45 million, or $0.06 per share. Net cash provided by operating activities was $796.3 million against $982.3 million a year ago. Capital expenditures were $214.0 million against $374.0 million a year ago. For the six months, net sales were $4,426.5 million against $4,931.2 million a year ago. Operating earnings was $669.8 million against $1,016.8 million a year ago. Earnings from consolidated companies before income taxes were $551.5 million against $1,062.4 million a year ago. Earnings from consolidated companies were $471.4 million against $802.4 million a year ago. Net earnings including no controlling interests were $465.9 million against $809.9 million a year ago. Net earnings attributable to the company were $466.0 million or $1.18 per diluted share against $809.6 million or $1.90 per basic and diluted share a year ago. Net cash provided by operating activities was $1,423.3 million against $1,561.7 million a year ago. Capital expenditures were $488.9 million against $741.5 million a year ago. For the full year of 2014, the effective tax rate is expected to be in the mid to upper 20% range, excluding any discrete tax items. The tax rate is being driven higher by decision to repatriate cash from Canada, which resulted in higher noncash expenses. Capital expenditures and equity investments, including the Ma'aden phosphate joint venture, are expected to be in the range of $1.0 to $1.2 billion, down $200 million due to deferral of expenditures into 2015. For the third quarter, the company expects total sales volumes for the Phosphates segment to range from 3.3 to 3.6 million tonnes, compared with 2.7 million tonnes last year. MOS' realized DAP price, FOB plant, for the quarter is estimated to range from $440 to $470 per tonne. Total sales volumes for the Potash segment are expected to range from 1.8 to 2.0 million tonnes, compared with 1.4 million tonnes last year. The company's realized MOP price, FOB plant, for the quarter is estimated to range from $275 to $295 per tonne.

The Mosaic Company to Discontinue Production of Muriate of Potash At Carlsbad, New Mexico Facility

The Mosaic Company announced that it has decided to permanently discontinue production of muriate of potash at its Carlsbad, New Mexico facility. The final date for production is expected to be December 31, 2014. The decision is based on the quality of the ore in the Carlsbad basin and the age of the facility's infrastructure. These combined factors make it difficult for the operations to remain competitive in an already challenging global market. The company's larger potash production facilities at Esterhazy, Belle Plaine and Colonsay in Saskatchewan, Canada will continue to produce MOP. The company's plan for the immediate future is to transition the Carlsbad facility to the exclusive production of its highly valued K-Mag product line. K-Mag is a premium potash product that currently represents approximately 70% of production at the Carlsbad facility.

 

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Industry Analysis

MOS*

Industry Average

Valuation MOS* Industry Range
Price/Earnings 47.1x
Price/Sales 2.2x
Price/Book 1.7x
Price/Cash Flow 42.1x
TEV/Sales 1.5x
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