Nutrien (NTR) Releases FY19 Earnings Guidance
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 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.
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