News articles about Agrium (NYSE:AGU) (TSE:AGU) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Agrium earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.2750206510396 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several research analysts have weighed in on AGU shares. Cowen reaffirmed a “buy” rating and set a $109.00 price target on shares of Agrium in a research report on Sunday, November 5th. JPMorgan Chase & Co. reduced their target price on Agrium from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, November 24th. Stephens assumed coverage on Agrium in a research note on Monday, December 4th. They set an “overweight” rating and a $131.00 target price for the company. Royal Bank of Canada restated a “buy” rating and issued a $115.00 price target on shares of Agrium in a research note on Wednesday, October 18th. Finally, BMO Capital Markets restated a “hold” rating and issued a $100.00 price target on shares of Agrium in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $113.71.
Agrium (NYSE AGU) opened at $115.00 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70. Agrium has a fifty-two week low of $87.82 and a fifty-two week high of $117.28. The company has a market capitalization of $15,890.00, a price-to-earnings ratio of 29.49, a PEG ratio of 2.18 and a beta of 0.64.
Agrium (NYSE:AGU) (TSE:AGU) last posted its quarterly earnings results on Tuesday, November 7th. The basic materials company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.22). Agrium had a return on equity of 9.62% and a net margin of 2.64%. The business had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the firm posted ($0.12) EPS. Agrium’s quarterly revenue was up 8.7% on a year-over-year basis. research analysts expect that Agrium will post 4.57 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 18th. Shareholders of record on Friday, December 29th will be issued a $0.875 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.50 dividend on an annualized basis and a yield of 3.04%. Agrium’s payout ratio is presently 89.74%.
Agrium Company Profile
Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company’s segments include Retail and Wholesale. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.
Receive News & Ratings for Agrium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agrium and related companies with MarketBeat.com's FREE daily email newsletter.