Nutrien (TSE:NTR) Insider Purchases C$228,456.00 in Stock

Nutrien Ltd. (TSE:NTR) insider Christopher Reynolds bought 2,400 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was purchased at an average price of C$95.19 per share, for a total transaction of C$228,456.00. Following the purchase, the insider owned 10,585 shares of the company’s stock, valued at approximately C$1,007,586.15. This represents a 29.32% increase in their position.

Nutrien Stock Down 0.4%

NTR opened at C$97.34 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.24 and a debt-to-equity ratio of 55.44. The firm has a 50 day moving average price of C$102.45 and a 200-day moving average price of C$92.93. Nutrien Ltd. has a twelve month low of C$74.77 and a twelve month high of C$116.95. The stock has a market capitalization of C$46.73 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 1.15 and a beta of 1.12.

Nutrien (TSE:NTR) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 earnings per share for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The firm had revenue of C$8.41 billion during the quarter. Equities research analysts forecast that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NTR. Jefferies Financial Group raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Wells Fargo & Company raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. Barclays raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. BNP Paribas Exane cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Finally, Raymond James Financial raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$80.00.

Nutrien Company Profile

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.