Research Analysts Offer Predictions for Nutrien Q4 Earnings

Nutrien Ltd. (TSE:NTR) – Investment analysts at Scotiabank issued their Q4 2024 earnings estimates for Nutrien in a report issued on Wednesday, January 29th. Scotiabank analyst B. Isaacson forecasts that the company will post earnings of $0.42 per share for the quarter. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share.

A number of other research analysts have also recently commented on the stock. UBS Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. Finally, Barclays cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$64.50.

Nutrien Trading Up 1.5 %

TSE NTR opened at C$76.62 on Thursday. The company’s 50-day moving average price is C$68.27 and its 200-day moving average price is C$66.88. The company has a current ratio of 1.26, a quick ratio of 0.65 and a debt-to-equity ratio of 53.14. The stock has a market cap of C$37.91 billion, a PE ratio of 34.67, a PEG ratio of 1.15 and a beta of 0.95. Nutrien has a 12 month low of C$60.74 and a 12 month high of C$83.14.

Nutrien (TSE:NTR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.53 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.59 by C($0.06). Nutrien had a net margin of 3.06% and a return on equity of 3.22%. During the same quarter in the prior year, the firm posted $0.47 EPS.

Nutrien Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, December 31st. Nutrien’s dividend payout ratio (DPR) is presently 132.13%.

Insider Buying and Selling

In other news, Senior Officer Mark Thompson purchased 490 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was acquired at an average cost of C$63.99 per share, with a total value of C$31,355.10. Also, Director Kenneth Alvin Seitz purchased 10,490 shares of the firm’s stock in a transaction on Tuesday, December 24th. The shares were purchased at an average cost of C$64.04 per share, with a total value of C$671,779.60. Insiders acquired a total of 11,175 shares of company stock valued at $716,056 over the last three months. 0.03% of the stock is owned by company insiders.

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.