The Mosaic Co
MOS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$65.00 | Mvm | Spbdjdqjp |
Maintaining $44 FVE as Mosaic Reports Strong Third-Quarter Results; Shares Slightly Overvalued
Mosaic reported strong third-quarter results. Adjusted EBITDA was up 74% year over year driven by higher potash and phosphate prices. After updating our forecast, we maintain our Mosaic fair value estimate of $44 per share. Our no-moat rating is also unchanged.