Nutrien (TSE:NTR) Insider Purchases C$93,420.00 in Stock

Nutrien Ltd. (TSE:NTR) insider Noralee Bradley bought 1,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were acquired at an average cost of C$93.42 per share, with a total value of C$93,420.00. Following the purchase, the insider owned 5,855 shares of the company’s stock, valued at C$546,974.10. The trade was a 20.60% increase in their ownership of the stock.

Nutrien Trading Up 1.0%

Shares of Nutrien stock traded up C$0.96 during trading hours on Tuesday, hitting C$98.50. The company’s stock had a trading volume of 683,424 shares, compared to its average volume of 1,781,950. The stock has a market cap of C$47.28 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.15 and a beta of 1.12. The company has a debt-to-equity ratio of 55.44, a quick ratio of 0.65 and a current ratio of 1.24. Nutrien Ltd. has a twelve month low of C$74.77 and a twelve month high of C$116.95. The firm has a fifty day moving average of C$102.73 and a 200-day moving average of C$92.56.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 earnings per share (EPS) for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The firm had revenue of C$8.41 billion for the quarter. Research analysts forecast that Nutrien Ltd. will post 5.3416399 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on NTR shares. TD Securities lifted their price objective on Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. UBS Group cut shares of Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. BNP Paribas Exane lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Barclays raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Wells Fargo & Company raised Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Nutrien has a consensus rating of “Moderate Buy” and an average price target of C$80.00.

Nutrien Company Profile

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.