Kenneth Alvin Seitz Acquires 3,900 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTRGet Free Report) Director Kenneth Alvin Seitz acquired 3,900 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was acquired at an average price of C$94.52 per share, with a total value of C$368,628.00. Following the completion of the transaction, the director directly owned 47,513 shares of the company’s stock, valued at approximately C$4,490,928.76. This represents a 8.94% increase in their ownership of the stock.

Nutrien Stock Down 0.9%

Nutrien stock opened at C$97.72 on Thursday. The stock has a market capitalization of C$46.91 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12. Nutrien Ltd. has a 12 month low of C$74.77 and a 12 month high of C$116.95. The business has a 50 day simple moving average of C$102.54 and a 200-day simple moving average of C$92.82. 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 (TSE:NTRGet Free Report) last issued its quarterly earnings results 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 firm had revenue of C$8.41 billion during the quarter. On average, analysts anticipate that Nutrien Ltd. will post 5.3416399 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on NTR shares. Jefferies Financial Group upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Wells Fargo & Company upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. Barclays upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. TD Securities boosted their price target on Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Raymond James Financial upgraded Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, May 5th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$80.00.

Check Out Our Latest Report on Nutrien

About Nutrien

(Get Free Report)

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.

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