Yara International ASA (OTCMKTS:YARIY) Receives Average Rating of “Buy” from Analysts

Yara International ASA (OTCMKTS:YARIY) has been given an average recommendation of “Buy” by the six research firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

A number of equities research analysts have recently commented on YARIY shares. Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Citigroup lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th.

Yara International ASA Price Performance

Shares of OTCMKTS YARIY opened at $22.77 on Monday. The firm has a 50-day simple moving average of $27.69 and a 200-day simple moving average of $24.91. The stock has a market capitalization of $11.60 billion, a price-to-earnings ratio of 8.28 and a beta of 0.53. The company has a quick ratio of 1.02, a current ratio of 1.79 and a debt-to-equity ratio of 0.31. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last issued its earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. Yara International ASA had a net margin of 8.58% and a return on equity of 23.06%. On average, equities analysts predict 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.