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

Shares of Nutrien Ltd. (TSE:NTR - Get Free Report) have been given a consensus rating of "Hold" by the five brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$64.50.

A number of analysts have recently weighed in on NTR shares. Hsbc Global Res upgraded Nutrien to a "moderate sell" rating in a research report on Friday, August 2nd. UBS Group downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Wells Fargo & Company lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 24th. Finally, The Goldman Sachs Group downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 10th.

Insider Buying and Selling at Nutrien

In other news, Senior Officer Mark Thompson purchased 3,500 shares of Nutrien stock in a transaction dated Tuesday, August 20th. The shares were bought at an average cost of C$64.00 per share, for a total transaction of C$224,000.00. Also, Director Keith Martell bought 1,250 shares of Nutrien stock in a transaction on Thursday, September 19th. The shares were acquired at an average cost of C$65.23 per share, for a total transaction of C$81,537.50. Insiders have purchased 11,975 shares of company stock worth $768,820 over the last quarter. Corporate insiders own 0.03% of the company's stock.

Nutrien Price Performance

Shares of TSE NTR traded down C$0.36 during midday trading on Thursday, reaching C$65.20. The company's stock had a trading volume of 893,949 shares, compared to its average volume of 1,527,768. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. The company has a market cap of C$32.26 billion, a P/E ratio of 29.50, a P/E/G ratio of 1.15 and a beta of 0.95. The business's 50 day moving average price is C$65.54 and its two-hundred day moving average price is C$69.28. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14.

Nutrien Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.31%. The ex-dividend date is Tuesday, December 31st. Nutrien's payout ratio is 132.13%.

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.