Nutrien (TSE:NTR) Insider Mark Thompson Buys 262 Shares

Nutrien Ltd. (TSE:NTR) insider Mark Thompson acquired 262 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were acquired at an average cost of C$95.47 per share, for a total transaction of C$25,013.14. Following the completion of the transaction, the insider directly owned 36,277 shares of the company’s stock, valued at C$3,463,365.19. The trade was a 0.73% increase in their ownership of the stock.

Nutrien Trading Up 1.1%

Nutrien stock opened at C$96.07 on Friday. The company has a debt-to-equity ratio of 55.44, a current ratio of 1.24 and a quick ratio of 0.65. Nutrien Ltd. has a one year low of C$74.77 and a one year high of C$116.95. The stock has a market capitalization of C$46.12 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12. The business’s fifty day moving average is C$100.58 and its 200 day moving average is C$94.28.

Nutrien (TSE:NTR) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%.The company had revenue of C$8.41 billion for the quarter. On average, sell-side analysts predict that Nutrien Ltd. will post 5.3416399 EPS for the current year.

Analyst Ratings Changes

NTR has been the topic of several research reports. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. TD Securities raised their target price on shares of Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Raymond James Financial upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Barclays upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, UBS Group cut shares of Nutrien from a “hold” rating to a “strong sell” rating in a report on Thursday, March 26th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$80.00.

About Nutrien

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.