Nutrien (TSE:NTR) Insider Noralee Bradley Purchases 1,000 Shares

Nutrien Ltd. (TSE:NTR) insider Noralee Bradley purchased 1,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of C$93.42 per share, with a total value of C$93,420.00. Following the acquisition, the insider directly owned 5,855 shares in the company, valued at approximately C$546,974.10. The trade was a 20.60% increase in their ownership of the stock.

Nutrien Trading Up 1.1%

NTR opened at C$98.64 on Wednesday. Nutrien Ltd. has a one year low of C$74.77 and a one year high of C$116.95. The company has a debt-to-equity ratio of 55.44, a quick ratio of 0.65 and a current ratio of 1.24. The stock has a market capitalization of C$47.35 billion, a PE ratio of 20.09, a P/E/G ratio of 1.15 and a beta of 1.12. The business’s 50 day moving average price is C$102.66 and its 200 day moving average price is C$92.70.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. The business had revenue of C$8.41 billion for the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%. As a group, equities research analysts expect that Nutrien Ltd. will post 5.3416399 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. BNP Paribas Exane downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. TD Securities raised their price objective on shares of Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Barclays raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group raised Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$80.00.

About Nutrien

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.