Nutrien (TSE:NTR) Director Kenneth Alvin Seitz Purchases 3,900 Shares

Nutrien Ltd. (TSE:NTR) Director Kenneth Alvin Seitz bought 3,900 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of C$94.52 per share, for a total transaction of C$368,628.00. Following the completion of the transaction, the director directly owned 47,513 shares of the company’s stock, valued at C$4,490,928.76. This represents a 8.94% increase in their position.

Nutrien Price Performance

TSE NTR opened at C$98.64 on Wednesday. The company has a market capitalization of C$47.35 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12. The company has a debt-to-equity ratio of 55.44, a quick ratio of 0.65 and a current ratio of 1.24. The business’s fifty day moving average is C$102.66 and its 200 day moving average is C$92.70. Nutrien Ltd. has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95.

Nutrien (TSE:NTR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. The business had revenue of C$8.41 billion for the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%. Sell-side analysts predict that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on NTR shares. Wells Fargo & Company upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. UBS Group lowered Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Jefferies Financial Group raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note 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, May 5th. Finally, TD Securities boosted their price objective on shares of Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.