Mark Thompson Acquires 262 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) insider Mark Thompson acquired 262 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of C$95.47 per share, for a total transaction of C$25,013.14. Following the completion of the acquisition, the insider directly owned 36,277 shares of the company’s stock, valued at approximately C$3,463,365.19. The trade was a 0.73% increase in their ownership of the stock.

Nutrien Price Performance

Shares of NTR opened at C$94.41 on Friday. The firm has a market capitalization of C$45.32 billion, a PE ratio of 19.23, 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 current ratio of 1.24 and a quick ratio of 0.65. Nutrien Ltd. has a 1-year low of C$74.77 and a 1-year high of C$116.95. The company’s fifty day moving average price is C$100.33 and its 200-day moving average price is C$94.28.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on NTR shares. Barclays upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Wells Fargo & Company upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. TD Securities boosted their target price on shares of Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. UBS Group downgraded shares of Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Finally, BNP Paribas Exane downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Nutrien has an average rating of “Moderate Buy” and an average target price of C$80.00.

About Nutrien

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.