Yara International ASA (OTCMKTS:YARIY) Announces Earnings Results

Yara International ASA (OTCMKTS:YARIY) issued its earnings results on Wednesday. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.03, Zacks reports. Yara International ASA had a net margin of 4.86% and a return on equity of 20.81%.

Yara International ASA Price Performance

Yara International ASA stock opened at $24.59 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.86. The stock has a market cap of $12.53 billion, a price-to-earnings ratio of 16.96 and a beta of 0.73. The firm has a 50-day moving average of $20.93 and a two-hundred day moving average of $19.31. Yara International ASA has a 1 year low of $13.50 and a 1 year high of $24.61.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Rothschild & Co Redburn upgraded shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Jefferies Financial Group raised Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Four investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy”.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.