Nutrien Ltd. (NYSE:NTR) Given Consensus Rating of "Hold" by Analysts

Key Points

• Nutrien Ltd. has received a consensus rating of "Hold" from 21 analysts, with one sell rating, 14 hold ratings, five buy ratings, and one strong buy rating.
• The average 12-month price target among analysts for Nutrien is $62.78, with notable ratings including a $64 target from National Bankshares and a $67 target from Bank of America.
• Nutrien recently announced a quarterly dividend of $0.545, yielding 3.7%, with an annualized dividend of $2.18 and a payout ratio of 78.14%.

Nutrien Ltd. (NYSE:NTR - Get Free Report) has received a consensus rating of "Hold" from the twenty-one analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $62.7778.

Several equities research analysts recently weighed in on the stock. National Bankshares initiated coverage on shares of Nutrien in a research report on Friday, September 5th. They set a "sector perform" rating and a $64.00 price target for the company. Bank of America reissued a "neutral" rating and issued a $67.00 target price on shares of Nutrien in a report on Tuesday, October 14th. Oppenheimer reiterated an "outperform" rating on shares of Nutrien in a report on Wednesday. Scotiabank reduced their price objective on Nutrien from $62.00 to $60.00 and set a "sector perform" rating for the company in a report on Monday, August 11th. Finally, Wall Street Zen downgraded Nutrien from a "strong-buy" rating to a "buy" rating in a report on Friday, September 5th.

Nutrien Price Performance

Shares of NYSE:NTR opened at $58.18 on Friday. Nutrien has a 1-year low of $43.69 and a 1-year high of $65.08. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.33 and a quick ratio of 0.85. The business has a fifty day moving average price of $57.84 and a 200-day moving average price of $57.82. The company has a market capitalization of $28.18 billion, a PE ratio of 20.85, a PEG ratio of 0.94 and a beta of 0.82.

Nutrien (NYSE:NTR - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $2.65 earnings per share for the quarter, beating analysts' consensus estimates of $2.41 by $0.24. The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.40 billion. Nutrien had a net margin of 5.25% and a return on equity of 6.51%. Nutrien's revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business earned $2.34 EPS. As a group, equities analysts expect that Nutrien will post 3.72 EPS for the current fiscal year.

Nutrien Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 29th were given a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, September 29th. Nutrien's payout ratio is 78.14%.

Institutional Investors Weigh In On Nutrien

A number of large investors have recently added to or reduced their stakes in NTR. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Nutrien by 184.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,243 shares of the company's stock worth $608,000 after acquiring an additional 7,934 shares during the period. Moran Wealth Management LLC grew its stake in shares of Nutrien by 36.5% during the 1st quarter. Moran Wealth Management LLC now owns 18,729 shares of the company's stock valued at $929,000 after purchasing an additional 5,008 shares during the period. Bessemer Group Inc. grew its stake in shares of Nutrien by 163.7% during the 1st quarter. Bessemer Group Inc. now owns 1,690 shares of the company's stock valued at $84,000 after purchasing an additional 1,049 shares during the period. U S Global Investors Inc. bought a new stake in shares of Nutrien during the 1st quarter valued at about $869,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Nutrien by 5.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 105,734 shares of the company's stock valued at $5,252,000 after purchasing an additional 5,666 shares during the period. Institutional investors own 63.10% of the company's stock.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.

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