Yara International ASA (OTCMKTS:YARIY) Lowered to Hold Rating by Zacks Research

Yara International ASA (OTCMKTS:YARIY) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Several other analysts have also recently weighed in on YARIY. Pareto Securities raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Yara International ASA Trading Down 1.4%

Shares of OTCMKTS YARIY opened at $22.01 on Monday. The stock has a fifty day simple moving average of $27.40 and a 200-day simple moving average of $24.96. Yara International ASA has a twelve month low of $17.48 and a twelve month high of $31.28. The company has a current ratio of 1.79, a quick ratio of 1.02 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $11.21 billion, a PE ratio of 8.00 and a beta of 0.53.

Yara International ASA (OTCMKTS:YARIY) last released its earnings results on Friday, April 24th. The basic materials company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%.The company had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $3.95 billion. On average, equities analysts forecast that Yara International ASA will post 3.33 earnings per share for the current 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.