Analysts expect Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) to post $901.37 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Potash Corporation of Saskatchewan’s earnings, with the lowest sales estimate coming in at $901.23 million and the highest estimate coming in at $901.50 million. Potash Corporation of Saskatchewan posted sales of $928.00 million during the same quarter last year, which suggests a negative year-over-year growth rate of 2.9%. The company is expected to announce its next quarterly earnings results on Thursday, January 25th.

On average, analysts expect that Potash Corporation of Saskatchewan will report full year sales of $901.37 million for the current financial year, with estimates ranging from $3.94 billion to $3.95 billion. For the next year, analysts anticipate that the firm will post sales of $3.94 billion per share, with estimates ranging from $3.86 billion to $4.01 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Potash Corporation of Saskatchewan.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last released its quarterly earnings data on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). Potash Corporation of Saskatchewan had a net margin of 10.21% and a return on equity of 5.01%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the firm posted $0.10 EPS. Potash Corporation of Saskatchewan’s revenue was up 8.6% compared to the same quarter last year.

A number of equities analysts have issued reports on the stock. UBS AG boosted their price target on shares of Potash Corporation of Saskatchewan from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research cut shares of Potash Corporation of Saskatchewan from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. Royal Bank Of Canada reiterated a “buy” rating and set a $20.00 price target on shares of Potash Corporation of Saskatchewan in a research report on Wednesday, October 18th. began coverage on shares of Potash Corporation of Saskatchewan in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.25 price target on the stock. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $17.50 price target (up previously from $17.00) on shares of Potash Corporation of Saskatchewan in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Potash Corporation of Saskatchewan currently has an average rating of “Buy” and an average price target of $19.94.

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Potash Corporation of Saskatchewan (NYSE POT) traded down $0.02 during mid-day trading on Friday, hitting $19.07. 2,588,692 shares of the company’s stock were exchanged, compared to its average volume of 4,885,999. Potash Corporation of Saskatchewan has a 12-month low of $15.74 and a 12-month high of $20.26. The stock has a market capitalization of $16,038.73, a PE ratio of 38.18, a price-to-earnings-growth ratio of 4.66 and a beta of 0.46. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.99 and a quick ratio of 0.50.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, September 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Thursday, September 28th. Potash Corporation of Saskatchewan’s dividend payout ratio (DPR) is presently 72.73%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Perigon Wealth Management LLC grew its holdings in Potash Corporation of Saskatchewan by 35.2% in the second quarter. Perigon Wealth Management LLC now owns 25,177 shares of the fertilizer maker’s stock worth $413,000 after purchasing an additional 6,553 shares during the period. Kempen Capital Management N.V. lifted its stake in shares of Potash Corporation of Saskatchewan by 4.0% in the second quarter. Kempen Capital Management N.V. now owns 1,443,804 shares of the fertilizer maker’s stock worth $23,534,000 after buying an additional 54,950 shares in the last quarter. Greenwood Capital Associates LLC lifted its stake in shares of Potash Corporation of Saskatchewan by 74.6% in the second quarter. Greenwood Capital Associates LLC now owns 241,775 shares of the fertilizer maker’s stock worth $3,941,000 after buying an additional 103,307 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Potash Corporation of Saskatchewan by 6.4% in the second quarter. Blair William & Co. IL now owns 85,463 shares of the fertilizer maker’s stock worth $1,393,000 after buying an additional 5,105 shares in the last quarter. Finally, Schroder Investment Management Group lifted its stake in shares of Potash Corporation of Saskatchewan by 2,582.5% in the second quarter. Schroder Investment Management Group now owns 2,905,142 shares of the fertilizer maker’s stock worth $61,327,000 after buying an additional 2,796,842 shares in the last quarter. Institutional investors and hedge funds own 57.72% of the company’s stock.

About Potash Corporation of Saskatchewan

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

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