Nutrien Ltd. (TSE:NTR) Given Consensus Rating of “Hold” by Analysts

Nutrien Ltd. (TSE:NTR) has earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a strong buy recommendation on the company.

NTR has been the topic of a number of recent research reports. Scotiabank cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 14th. The Goldman Sachs Group upgraded shares of Nutrien to a “strong sell” rating in a report on Thursday, March 13th. BNP Paribas upgraded shares of Nutrien to a “strong-buy” rating in a report on Wednesday, April 9th. Finally, Raymond James Financial cut shares of Nutrien from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 17th.

Nutrien Price Performance

Shares of TSE NTR opened at C$79.20 on Friday. The stock has a market capitalization of C$27.27 billion, a P/E ratio of 37.29, a P/E/G ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. Nutrien has a 1 year low of C$60.74 and a 1 year high of C$88.03. The company’s 50-day moving average is C$80.24 and its 200 day moving average is C$74.45.

Nutrien Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be paid a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 2.75%. Nutrien’s dividend payout ratio is presently 137.48%.

Insider Transactions at Nutrien

In other news, Senior Officer Mark Thompson bought 400 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were purchased at an average price of C$71.18 per share, for a total transaction of C$28,472.00. Also, Senior Officer Andrew Kelemen sold 6,638 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of C$86.56, for a total transaction of C$574,611.83. Over the last 90 days, insiders have bought 1,723 shares of company stock worth $133,862 and have sold 42,822 shares worth $3,632,828. Insiders own 0.03% of the company’s stock.

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.