Nutrien Ltd. (TSE:NTR) Receives Average Rating of “Hold” from Analysts

Nutrien Ltd. (TSE:NTR) has been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$64.50.

A number of equities analysts have weighed in on NTR shares. Barclays lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Piper Sandler raised Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. UBS Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd.

Nutrien Price Performance

TSE NTR opened at C$75.50 on Tuesday. The company has a market cap of C$37.35 billion, a price-to-earnings ratio of 34.16, a PEG ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 53.14, a current ratio of 1.26 and a quick ratio of 0.65. The stock’s fifty day moving average price is C$67.86 and its 200 day moving average price is C$66.78. Nutrien has a 1 year low of C$60.74 and a 1 year high of C$83.14.

Nutrien (TSE:NTR) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.53 EPS for the quarter, missing the consensus estimate of C$0.59 by C($0.06). Nutrien had a net margin of 3.06% and a return on equity of 3.22%. During the same quarter in the previous year, the company earned $0.47 earnings per share. As a group, equities research analysts forecast that Nutrien will post 5.3416399 earnings per share for the current year.

Nutrien Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 2.86%. Nutrien’s dividend payout ratio is currently 132.13%.

Insider Buying and Selling

In other news, Senior Officer Mark Thompson acquired 490 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were bought at an average price of C$63.99 per share, for a total transaction of C$31,355.10. Also, Director Kenneth Alvin Seitz bought 10,490 shares of the stock in a transaction on Tuesday, December 24th. The shares were acquired at an average cost of C$64.04 per share, for a total transaction of C$671,779.60. In the last quarter, insiders purchased 11,175 shares of company stock valued at $716,056. 0.03% of the stock is owned by corporate insiders.

About Nutrien

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.