Nutrien Ltd. (TSE:NTR) Given Consensus Rating of “Hold” by Brokerages

Nutrien Ltd. (TSE:NTR) has received a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

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

Nutrien Stock Performance

Shares of NTR stock opened at C$99.15 on Friday. The company has a market capitalization of C$47.92 billion, a price-to-earnings ratio of 26.73, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27. Nutrien has a one year low of C$65.35 and a one year high of C$99.17. The company’s 50-day moving average is C$89.00 and its 200 day moving average is C$83.26.

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

Insider Activity

In related news, insider Jeffrey Martin Tarsi sold 18,846 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$87.60, for a total transaction 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 insiders.

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.