Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) has earned a consensus rating of “Hold” from the sixteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $18.84.

POT has been the subject of a number of research reports. BMO Capital Markets reiterated a “hold” rating and set a $17.00 target price on shares of Potash Corporation of Saskatchewan in a research report on Friday, July 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.50 target price on shares of Potash Corporation of Saskatchewan in a research note on Thursday, September 14th. Royal Bank Of Canada boosted their price target on shares of Potash Corporation of Saskatchewan from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, September 15th. Cowen and Company reissued a “hold” rating on shares of Potash Corporation of Saskatchewan in a research report on Friday, September 1st. Finally, TD Securities upgraded shares of Potash Corporation of Saskatchewan from a “hold” rating to a “buy” rating and upped their price target for the company from $17.50 to $24.00 in a research note on Thursday, September 28th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Eagle Investment Management LLC grew its position in Potash Corporation of Saskatchewan by 33.3% in the second quarter. First Eagle Investment Management LLC now owns 54,356,354 shares of the fertilizer maker’s stock worth $886,009,000 after acquiring an additional 13,588,283 shares in the last quarter. FMR LLC raised its position in Potash Corporation of Saskatchewan by 5.0% during the first quarter. FMR LLC now owns 26,859,993 shares of the fertilizer maker’s stock valued at $458,893,000 after purchasing an additional 1,278,861 shares in the last quarter. Vanguard Group Inc. lifted its stake in Potash Corporation of Saskatchewan by 4.3% during the second quarter. Vanguard Group Inc. now owns 19,579,208 shares of the fertilizer maker’s stock worth $319,141,000 after purchasing an additional 804,672 shares during the last quarter. Jarislowsky Fraser Ltd lifted its stake in Potash Corporation of Saskatchewan by 1.4% during the second quarter. Jarislowsky Fraser Ltd now owns 18,945,804 shares of the fertilizer maker’s stock worth $308,542,000 after purchasing an additional 254,401 shares during the last quarter. Finally, Carmignac Gestion lifted its stake in Potash Corporation of Saskatchewan by 0.4% during the second quarter. Carmignac Gestion now owns 12,299,830 shares of the fertilizer maker’s stock worth $200,487,000 after purchasing an additional 43,900 shares during the last quarter. 56.98% of the stock is owned by institutional investors.

Potash Corporation of Saskatchewan (POT) traded up 0.05% during mid-day trading on Friday, reaching $19.18. 4,107,624 shares of the company’s stock were exchanged. The stock has a market cap of $16.11 billion, a price-to-earnings ratio of 33.77 and a beta of 0.48. Potash Corporation of Saskatchewan has a 52-week low of $15.72 and a 52-week high of $20.27. The company has a 50-day moving average of $18.16 and a 200-day moving average of $17.21.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last issued its quarterly earnings results on Thursday, July 27th. The fertilizer maker reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $982.05 million. Potash Corporation of Saskatchewan had a net margin of 11.07% and a return on equity of 5.19%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS. Equities research analysts anticipate that Potash Corporation of Saskatchewan will post $0.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, September 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Thursday, September 28th. Potash Corporation of Saskatchewan’s payout ratio is 67.80%.

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About Potash Corporation of Saskatchewan

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

Analyst Recommendations for Potash Corporation of Saskatchewan (NYSE:POT)

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