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

Shares of Nutrien Ltd. (TSE:NTR) have been given a consensus rating of “Hold” by the eight ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a strong buy rating on the company.

A number of equities research analysts have issued reports on the company. National Bank Financial raised Nutrien to a “hold” rating in a research report on Thursday, September 4th. Wells Fargo & Company upgraded Nutrien to a “hold” rating in a report on Tuesday, November 11th.

Nutrien Stock Performance

Shares of NTR stock opened at C$85.83 on Friday. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27. The firm has a market capitalization of C$41.49 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31. Nutrien has a one year low of C$62.89 and a one year high of C$88.03. The company has a 50 day moving average price of C$81.21 and a 200 day moving average price of C$81.08.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share 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%. Sell-side analysts anticipate that Nutrien will post 5.3416399 EPS for the current year.

Nutrien Dividend Announcement

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