Nutrien (TSE:NTR) Posts Earnings Results

Nutrien (TSE:NTR) announced its quarterly earnings results on Wednesday. The company reported C$0.71 earnings per share for the quarter, FiscalAI reports. Nutrien had a net margin of 8.44% and a return on equity of 9.13%. The business had revenue of C$8.41 billion during the quarter.

Nutrien Trading Down 4.2%

TSE NTR opened at C$100.81 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.34 and a debt-to-equity ratio of 51.16. Nutrien has a 52 week low of C$74.58 and a 52 week high of C$116.95. The stock has a market capitalization of C$48.51 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12. The firm has a 50 day moving average of C$103.02 and a two-hundred day moving average of C$92.25.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NTR shares. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Raymond James Financial raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday. UBS Group lowered shares of Nutrien from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 26th. BNP Paribas Exane lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, TD Securities increased their price objective on Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Nutrien presently has an average rating of “Moderate Buy” and a consensus target price of C$80.00.

Nutrien Company Profile

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.