Shares of Nutrien Ltd. (NYSE:NTR – Get Free Report) have received a consensus rating of “Hold” from the nineteen ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $62.39.
Several brokerages recently weighed in on NTR. HSBC lowered Nutrien from a “hold” rating to a “reduce” rating in a report on Friday, August 2nd. Royal Bank of Canada reiterated an “outperform” rating and issued a $60.00 target price on shares of Nutrien in a report on Friday. UBS Group cut their target price on shares of Nutrien from $67.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, July 9th. Wells Fargo & Company decreased their price target on shares of Nutrien from $68.00 to $66.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Finally, Mizuho cut their target price on Nutrien from $55.00 to $52.00 and set a “neutral” rating on the stock in a research report on Thursday, August 8th.
Get Our Latest Stock Analysis on NTR
Institutional Trading of Nutrien
Nutrien Stock Performance
NTR opened at $47.06 on Friday. The business’s 50 day moving average is $48.00 and its 200-day moving average is $51.86. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.37. The stock has a market cap of $23.29 billion, a PE ratio of 27.52, a price-to-earnings-growth ratio of 1.53 and a beta of 0.82. Nutrien has a twelve month low of $44.65 and a twelve month high of $63.60.
Nutrien (NYSE:NTR – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.19 by $0.15. The firm had revenue of $10.16 billion for the quarter, compared to analysts’ expectations of $10.82 billion. Nutrien had a return on equity of 6.91% and a net margin of 2.97%. The firm’s quarterly revenue was down 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.53 earnings per share. On average, analysts predict that Nutrien will post 3.81 earnings per share for the current year.
Nutrien Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 27th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 annualized dividend and a yield of 4.59%. Nutrien’s dividend payout ratio (DPR) is currently 126.32%.
Nutrien Company Profile
Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.
Recommended Stories
- Five stocks we like better than Nutrien
- Stock Average Calculator
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Retail Stocks Investing, Explained
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- How to Buy Cheap Stocks Step by Step
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.