Yara International ASA (OTCMKTS:YARIY) Rating Lowered to Hold at Zacks Research

Yara International ASA (OTCMKTS:YARIY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities research analysts have also recently commented on the company. Pareto Securities raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Jefferies Financial Group lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Citigroup cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Yara International ASA Trading Down 1.4%

OTCMKTS YARIY opened at $22.01 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.02 and a debt-to-equity ratio of 0.31. Yara International ASA has a 1-year low of $17.48 and a 1-year high of $31.28. The firm’s fifty day simple moving average is $27.40 and its 200-day simple moving average is $24.96. The company has a market capitalization of $11.21 billion, a PE ratio of 8.00 and a beta of 0.53.

Yara International ASA (OTCMKTS:YARIY) last issued its earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%.The firm had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $3.95 billion. As a group, sell-side analysts anticipate that Yara International ASA will post 3.33 earnings per share for the current fiscal year.

Yara International ASA Company Profile

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.