Nutrien Ltd. (TSE:NTR) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Nutrien Ltd. has received an average recommendation of "Hold" from analysts, with one sell rating, six hold ratings, and two strong buy ratings reported.
• The company's shares have recently been trading between a 52-week low of C$60.74 and a high of C$88.03, with a current price of C$78.26.
• Nutrien is set to pay a quarterly dividend of $0.545 per share on October 17th, which provides an annualized yield of 2.8%.

Shares of Nutrien Ltd. (TSE:NTR - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a strong buy rating to the company.

A number of equities analysts have recently commented on the company. National Bank Financial raised Nutrien to a "hold" rating in a report on Thursday, September 4th. Raymond James Financial lowered Nutrien from a "moderate buy" rating to a "hold" rating in a report on Tuesday, June 17th.

Insiders Place Their Bets

In related news, Senior Officer Christopher Reynolds sold 6,858 shares of the stock in a transaction on 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 the stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$86.56, for a total value of C$574,611.83. Company insiders own 0.03% of the company's stock.

Nutrien Stock Performance

Shares of Nutrien stock traded down C$0.17 during trading hours on Wednesday, reaching C$78.88. The company had a trading volume of 1,012,788 shares, compared to its average volume of 1,598,837. Nutrien has a one year low of C$62.75 and a one year high of C$88.03. The business has a fifty day simple moving average of C$80.40 and a 200 day simple moving average of C$78.16. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. The firm has a market cap of C$38.33 billion, a PE ratio of 28.37, a price-to-earnings-growth ratio of 1.15 and a beta of 1.11.

Nutrien Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 29th will be given a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.8%. Nutrien's dividend payout ratio (DPR) is presently 78.06%.

Nutrien Company Profile

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.