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

Nutrien Ltd. (TSE:NTR) Director Kenneth Alvin Seitz acquired 3,900 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of C$94.52 per share, with a total value of C$368,628.00. Following the completion of the acquisition, the director owned 47,513 shares of the company’s stock, valued at C$4,490,928.76. The trade was a 8.94% increase in their ownership of the stock.

Nutrien Stock Performance

Shares of NTR traded up C$0.96 during mid-day trading on Tuesday, hitting C$98.50. The stock had a trading volume of 683,424 shares, compared to its average volume of 1,781,950. Nutrien Ltd. has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95. The company has a quick ratio of 0.65, a current ratio of 1.24 and a debt-to-equity ratio of 55.44. The company has a market cap of C$47.28 billion, a PE ratio of 20.06, a PEG ratio of 1.15 and a beta of 1.12. The company’s fifty day simple moving average is C$102.73 and its two-hundred day simple moving average is 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. The business had revenue of C$8.41 billion during the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%. On average, equities analysts expect that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NTR. TD Securities upped their price target on shares of Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Jefferies Financial Group raised Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. BNP Paribas Exane cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. UBS Group cut Nutrien from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 26th. Finally, Raymond James Financial upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, May 5th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average 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.