Nutrien (NYSE:NTR) updated its FY19 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.80-3.20 for the period, compared to the Thomson Reuters consensus estimate of $2.97.

A number of research analysts have recently commented on the company. Cowen reiterated an outperform rating and set a $66.00 price target (down from $70.00) on shares of Nutrien in a report on Wednesday, March 6th. Raymond James reiterated a strong-buy rating and set a $70.00 price target on shares of Nutrien in a report on Thursday, March 14th. Zacks Investment Research upgraded Nutrien from a strong sell rating to a hold rating in a report on Wednesday, April 10th. Finally, Barclays reiterated a buy rating on shares of Nutrien in a report on Sunday, February 10th. Six equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $61.50.

Shares of NTR traded up $1.53 on Friday, reaching $52.13. 3,043,368 shares of the stock traded hands, compared to its average volume of 1,626,708. The stock has a market cap of $30.00 billion, a PE ratio of 19.38, a P/E/G ratio of 2.26 and a beta of 0.79. Nutrien has a 12 month low of $43.96 and a 12 month high of $58.99.

Nutrien (NYSE:NTR) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.05). The firm had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.71 billion. Nutrien had a net margin of 18.20% and a return on equity of 12.95%. The business’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share. Analysts anticipate that Nutrien will post 2.99 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “Nutrien (NTR) Releases FY19 Earnings Guidance” was originally posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/nutrien-ntr-releases-fy19-earnings-guidance/3005328.html.

Nutrien Company Profile

Nutrien Ltd. produces and markets crop nutrients to agricultural, industrial, and feed customers worldwide. It operates in four segments: Retail, Potash, Nitrogen, and Phosphate and Sulfate. The company offers potash, nitrogen, phosphate, and sulfate products. It also distributes crop nutrients, crop protection products, seeds, and merchandise products through operating 1,700 retail locations.

Further Reading: Mutual Funds

Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.