Yara International ASA (OTCMKTS:YARIY) Stock Rating Lowered by Citigroup

Yara International ASA (OTCMKTS:YARIY) was downgraded by analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other equities research analysts have also recently commented on the stock. Zacks Research raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Pareto Securities raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Arctic Securiti raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Five research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Yara International ASA Trading Up 4.8%

Shares of YARIY opened at $30.02 on Monday. The stock has a market capitalization of $15.29 billion, a P/E ratio of 10.92 and a beta of 0.56. The company has a quick ratio of 0.89, a current ratio of 1.72 and a debt-to-equity ratio of 0.31. The firm has a fifty day simple moving average of $28.19 and a two-hundred day simple moving average of $23.24. Yara International ASA has a twelve month low of $16.68 and a twelve month high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last posted its earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. Yara International ASA had a net margin of 8.58% and a return on equity of 23.55%. The firm had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. On average, research analysts anticipate that Yara International ASA will post 3.33 EPS for the current year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.