Yara International ASA (OTCMKTS:YARIY) Downgraded to “Hold” Rating by Jefferies Financial Group

Yara International ASA (OTCMKTS:YARIY) was downgraded by equities researchers at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

A number of other research analysts also recently weighed in on YARIY. Citigroup downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Yara International ASA has an average rating of “Moderate Buy”.

Yara International ASA Stock Down 1.4%

YARIY opened at $22.01 on Monday. Yara International ASA has a fifty-two week low of $17.48 and a fifty-two week high of $31.28. The firm has a market capitalization of $11.21 billion, a P/E ratio of 8.00 and a beta of 0.53. The company’s 50-day moving average is $27.40 and its 200 day moving average is $24.96. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02.

Yara International ASA (OTCMKTS:YARIY) last issued its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%.The business had revenue of $4.26 billion for the quarter, compared to analyst estimates of $3.95 billion. Research analysts expect that Yara International ASA will post 3.33 earnings per share for the current fiscal 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.