- Mosaic expects Q2 and the remainder of 2022 to be sizzling strong.
- The biggest detraction investors can bring to the table is that the stock has rallied significantly in the past few months. That's it.
- But looking back tells you nothing about its future prospects. I estimate that Mosaic is priced at approximately 4x its forward free cash flows.
- According to my estimates, Mosaic's capital return program will provide investors with a 17% yield at current prices.
- As always, happy to discuss my thesis further in the comments section.
For further details see:
Mosaic Q1 Earnings: Ramps Up Capital Returns, Expect 17% Yield