Nutrien Ltd. (TSE:NTR) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Nutrien Ltd. (TSE:NTR - Get Free Report) have earned an average recommendation of "Hold" from the eight ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a strong buy recommendation to the company.

Several brokerages have issued reports on NTR. Raymond James Financial cut Nutrien from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, June 17th. BNP Paribas upgraded Nutrien to a "strong-buy" rating in a research report on Wednesday, April 9th. Finally, Scotiabank cut Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th.

Nutrien Stock Up 0.1%

Shares of TSE NTR traded up C$0.07 on Tuesday, hitting C$82.36. The company had a trading volume of 1,150,336 shares, compared to its average volume of 1,712,047. The firm has a market capitalization of C$28.35 billion, a P/E ratio of 38.78, a PEG ratio of 1.15 and a beta of 0.95. Nutrien has a 12-month low of C$60.74 and a 12-month high of C$88.03. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The business has a 50 day moving average of C$82.24 and a two-hundred day moving average of C$76.78.

Nutrien Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were given a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a dividend yield of 2.65%. Nutrien's dividend payout ratio (DPR) is presently 137.48%.

Insider Activity

In related news, Senior Officer Christopher Reynolds sold 6,858 shares of Nutrien stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$85.37, for a total value of C$585,448.26. Also, Senior Officer Andrew Kelemen sold 6,638 shares of Nutrien stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$86.56, for a total value of C$574,611.83. Over the last three months, insiders purchased 1,323 shares of company stock valued at $105,390 and sold 42,822 shares valued at $3,632,828. 0.03% of the stock is currently owned by company insiders.

About Nutrien

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.