Insider Buying: Nutrien Ltd. (TSE:NTR) Director Acquires 1,250 Shares of Stock

Nutrien Ltd. (TSE:NTR) Director Keith Martell acquired 1,250 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was acquired at an average price of C$65.23 per share, with a total value of C$81,537.50.

Nutrien Stock Down 1.6 %

NTR opened at C$63.87 on Friday. The firm has a market cap of C$31.60 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 0.36 and a beta of 0.96. 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 firm’s 50-day simple moving average is C$65.60 and its 200-day simple moving average is C$70.81. Nutrien Ltd. has a twelve month low of C$60.74 and a twelve month high of C$85.66.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$3.18 earnings per share for the quarter, topping the consensus estimate of C$2.87 by C$0.31. The firm had revenue of C$13.90 billion for the quarter, compared to analysts’ expectations of C$14.92 billion. Nutrien had a net margin of 3.06% and a return on equity of 3.22%. Equities research analysts anticipate that Nutrien Ltd. will post 5.4173028 EPS for the current fiscal year.

Nutrien Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 27th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a yield of 3.38%. Nutrien’s dividend payout ratio is 136.70%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on NTR shares. The Goldman Sachs Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 10th. Hsbc Global Res upgraded Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. Finally, Mizuho raised Nutrien from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$64.33.

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.