Key Points
- Director Kenneth Alvin Seitz bought 3,900 Nutrien shares on May 8 at C$94.52 each, totaling about C$368,628. The purchase lifted his holdings to 47,513 shares, an 8.94% increase in his position.
- Nutrien recently reported quarterly earnings of C$0.71 per share on revenue of C$8.41 billion, with analysts expecting full-year EPS of about 5.34. The company posted a net margin of 8.61% and return on equity of 9.49%.
- Wall Street sentiment is mixed but leans positive: Nutrien has a Moderate Buy consensus rating with an average price target of C$80.00, even as some firms have raised or cut their ratings and targets recently.
Nutrien Ltd. (TSE:NTR - Get Free Report) insider Noralee Bradley bought 1,000 shares of the business's stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of C$93.42 per share, for a total transaction of C$93,420.00. Following the completion of the acquisition, the insider directly owned 5,855 shares in the company, valued at approximately C$546,974.10. This trade represents a 20.60% increase in their ownership of the stock.
Nutrien Stock Performance
TSE NTR opened at C$98.64 on Wednesday. The firm has a market cap of C$47.35 billion, a P/E ratio of 20.09, a P/E/G ratio of 1.15 and a beta of 1.12. Nutrien Ltd. has a 52-week low of C$74.77 and a 52-week high of C$116.95. The business's 50-day moving average price is C$102.66 and its 200 day moving average price is C$92.70. The company has a quick ratio of 0.65, a current ratio of 1.24 and a debt-to-equity ratio of 55.44.
Nutrien (TSE:NTR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The company had revenue of C$8.41 billion during the quarter. On average, equities research analysts expect that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. Jefferies Financial Group raised Nutrien from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 12th. Barclays upgraded shares of Nutrien from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 27th. TD Securities upped their target price on shares of Nutrien from C$72.00 to C$80.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Raymond James Financial raised Nutrien from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, May 5th. Finally, BNP Paribas Exane lowered Nutrien from a "strong-buy" rating to a "hold" rating in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$80.00.
Read Our Latest Analysis on NTR
Nutrien Company Profile
(
Get Free Report)
Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.
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