Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) has received an average recommendation of “Buy” from the fifteen brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $20.60.

POT has been the subject of a number of research reports. Stephens initiated coverage on shares of Potash Co. of Saskatchewan in a report on Monday, December 4th. They set an “overweight” rating and a $23.00 target price for the company. TD Securities raised shares of Potash Co. of Saskatchewan from a “hold” rating to a “buy” rating and upped their target price for the company from $17.50 to $24.00 in a report on Thursday, September 28th. Zacks Investment Research cut shares of Potash Co. of Saskatchewan from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Royal Bank of Canada reaffirmed a “buy” rating and set a $20.00 target price on shares of Potash Co. of Saskatchewan in a report on Wednesday, October 18th. Finally, UBS Group upped their target price on shares of Potash Co. of Saskatchewan from $21.00 to $22.00 and gave the company a “buy” rating in a report on Friday, October 27th.

Potash Co. of Saskatchewan (POT) opened at $20.65 on Monday. The firm has a market cap of $17,360.00, a P/E ratio of 38.96, a P/E/G ratio of 5.10 and a beta of 0.46. Potash Co. of Saskatchewan has a 52-week low of $15.74 and a 52-week high of $21.04. The company has a current ratio of 0.99, a quick ratio of 0.50 and a debt-to-equity ratio of 0.44.

Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) last issued its quarterly earnings data on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.03 billion. Potash Co. of Saskatchewan had a net margin of 10.21% and a return on equity of 5.01%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. equities analysts expect that Potash Co. of Saskatchewan will post 0.63 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Friday, December 29th will be paid a $0.10 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.94%. Potash Co. of Saskatchewan’s dividend payout ratio (DPR) is presently 75.47%.

Several hedge funds and other institutional investors have recently made changes to their positions in POT. Capital International Investors increased its stake in shares of Potash Co. of Saskatchewan by 93.9% in the third quarter. Capital International Investors now owns 32,912,740 shares of the fertilizer maker’s stock worth $633,378,000 after purchasing an additional 15,938,140 shares in the last quarter. Jarislowsky Fraser Ltd increased its stake in shares of Potash Co. of Saskatchewan by 42.5% in the third quarter. Jarislowsky Fraser Ltd now owns 26,998,779 shares of the fertilizer maker’s stock worth $518,539,000 after purchasing an additional 8,052,975 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Potash Co. of Saskatchewan by 238.0% in the third quarter. Schroder Investment Management Group now owns 9,818,055 shares of the fertilizer maker’s stock worth $236,517,000 after purchasing an additional 6,912,913 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Potash Co. of Saskatchewan in the second quarter worth $59,549,000. Finally, Renaissance Technologies LLC grew its stake in Potash Co. of Saskatchewan by 777.4% during the second quarter. Renaissance Technologies LLC now owns 3,513,263 shares of the fertilizer maker’s stock valued at $57,266,000 after acquiring an additional 3,112,864 shares in the last quarter. 59.60% of the stock is owned by hedge funds and other institutional investors.

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Potash Co. of Saskatchewan Company Profile

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

Analyst Recommendations for Potash Co. of Saskatchewan (NYSE:POT)

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