Nutrien Ltd. (NTR): Find Out What Insiders Are Doing

Nutrien Ltd. (NYSE:NTR) traded on Tuesday with an addition of $0.61 to $68.37, an upside of 0.90 percent. An average of 2,196,305 shares of common stock have been traded in the last five days. There was a gain of $2.64 in the past week. The last 20 days have seen an average of 1,738,436 shares traded, while the 50-day average volume stands at 1,578,489.

NTR stock has increased by 9.89% in the last month. The company shares reached their 1-month lowest point of $60.14 on 09/08/21. With the stock rallying to its 52-week high on 10/05/21, shares of the company touched a low of $37.79 and a high of $68.19 in 52 weeks. In spite of this, the price is up 0.26% from the 52-week high.


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Valuation Metrics

Nutrien Ltd. (NTR) has a trailing price-to-earnings (P/E) ratio of 31.75, which compares with the 17.64 for the broader industry and 13.06 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Nutrien Ltd.’s PE ratio has ranged between 297.94 and 6.606. The stock’s beta is 0.74. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.64, the price-to-book (PB) ratio at 1.31, and the price-to-cash flow ratio at 26.50.

Nutrien Ltd. will next go ex-dividend on Ltd. The next dividend payment Nutrien Ltd. will make is expected to be $30-Nov.

The quick ratio of Nutrien Ltd. for the three months ended June 29 was 0.90, and the current ratio was 1.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.47 and a total debt to equity ratio of 0.49 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 27.50% against a 5-year average of 22.8%. Nutrien Ltd.’s EBITDA margin for the year ending June 29 is 17.73%, while its operating margin for the same period stands at 6.90%. Its gross profit as reported stood at $5.24 billion compared to revenue of $20.91 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Nutrien Ltd.’s return on assets was 2.00%, compared to 3.7% over the last five years. In the past year, the return on investment has been 2.80%, and the 5-year average is 6.2%. Meanwhile, the return on equity (ROE) for the past 12 months has been 4.30% and the 5-year average holds at 7.2%. For the broader industry, ROE averaged 9.34 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Nutrien Ltd. (NTR) price momentum. RSI 9-day as of the close on 04 October was 74.76%, suggesting the stock is Overbought, with historical volatility in this time frame at 26.53%.

As of today, NTR’s price is $66.63 +4.02% or $2.64 from its 5-day moving average. NTR is currently trading +10.18% higher than its 20-day SMA and +15.49% higher than its 100-day SMA. However, the stock’s current price level is +15.28% above the SMA50 and +41.33% above the SMA200.

The stochastic %K and %D were 96.55% and 88.01%, respectively, and the average true range (ATR) was 1.48. With the 14-day stochastic at 99.94% and the average true range at 1.51, the RSI (14) stands at 69.32%. The stock has reached 1.73 on the 9-day MACD Oscillator while the 14-day reading was at 2.96.

Analyst Ratings

BofA Securities reiterated its a Buy rating on Nutrien Ltd. (NYSE: NTR), but raised their price target to $80, indicating a potential price increase of 17.01% for the stock.The consensus rating for Nutrien Ltd. (NTR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NTR, while 3 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 14 others rate it as a “buy”.

What is NTR’s price target for the next 12 months?

Analysts predict a range of price targets between $58.00 and $92.00, with a median target of $76.00. Taking a look at these predictions, the average price target given by analysts for Nutrien Ltd. (NTR) stock is $75.95.

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