Nutrien Ltd. (TSE:NTR) Receives Consensus Recommendation of “Hold” from Analysts

Nutrien Ltd. (TSE:NTR) has earned an average rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a strong buy recommendation to the company.

Several research firms have weighed in on NTR. Wells Fargo & Company raised Nutrien to a “hold” rating in a research report on Tuesday, November 11th. National Bank Financial raised Nutrien to a “hold” rating in a research note on Thursday, September 4th.

Nutrien Stock Performance

TSE NTR opened at C$86.84 on Friday. The stock has a market capitalization of C$41.97 billion, a price-to-earnings ratio of 23.41, a PEG ratio of 1.15 and a beta of 1.31. The business’s 50 day moving average is C$81.63 and its two-hundred day moving average is C$81.23. Nutrien has a 12-month low of C$62.89 and a 12-month high of C$88.03. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10.

Nutrien (TSE:NTR) last issued its earnings results on Wednesday, November 5th. The company reported C$0.97 EPS for the quarter. The company had revenue of C$6.01 billion for the quarter. Nutrien had a net margin of 2.76% and a return on equity of 2.93%. Research analysts expect that Nutrien will post 5.3416399 EPS for the current year.

Nutrien Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 17th were given a dividend of $0.545 per share. The ex-dividend date was Monday, September 29th. This represents a $2.18 annualized dividend and a yield of 2.5%. Nutrien’s dividend payout ratio is 58.63%.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.