Nutrien Ltd. (TSE:NTR) Given Average Recommendation of “Hold” by Analysts

Shares of Nutrien Ltd. (TSE:NTR) have been given an average rating of “Hold” by the six ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a strong buy recommendation to the company.

Separately, Wells Fargo & Company upgraded Nutrien to a “hold” rating in a research note on Tuesday, November 11th.

Insider Buying and Selling at Nutrien

In related news, insider Jeffrey Martin Tarsi sold 18,846 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of C$87.60, for a total value of C$1,650,909.60. Following the sale, the insider directly owned 2,312 shares of the company’s stock, valued at C$202,531.20. This trade represents a 89.07% decrease in their ownership of the stock. 0.03% of the stock is currently owned by corporate insiders.

Nutrien Trading Up 0.6%

Shares of Nutrien stock opened at C$93.69 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. Nutrien has a 12-month low of C$65.35 and a 12-month high of C$98.67. The company has a market capitalization of C$45.28 billion, a price-to-earnings ratio of 25.25, a PEG ratio of 1.15 and a beta of 1.31. The firm’s 50-day moving average price is C$88.20 and its two-hundred day moving average price is C$82.94.

Nutrien (TSE:NTR) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. The company had revenue of C$6.01 billion during the quarter. Nutrien had a net margin of 2.76% and a return on equity of 2.93%. On average, analysts forecast that Nutrien will post 5.3416399 earnings per share for the current fiscal year.

About Nutrien

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.