Yara International ASA (OTCMKTS:YARIY) Given Average Recommendation of “Moderate Buy” by Brokerages

Yara International ASA (OTCMKTS:YARIY) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

A number of analysts recently commented on the company. Zacks Research cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th.

Yara International ASA Trading Up 3.1%

OTCMKTS:YARIY opened at $24.15 on Friday. The company has a market cap of $12.30 billion, a PE ratio of 8.78 and a beta of 0.57. The company has a current ratio of 1.79, a quick ratio of 1.02 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $25.44 and a two-hundred day simple moving average of $25.24. Yara International ASA has a 12 month low of $17.48 and a 12 month high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last released its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $4.26 billion for the quarter, compared to analysts’ expectations of $3.95 billion. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%. Research analysts forecast that Yara International ASA will post 3.56 earnings per share for the current year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.