Insider Buying: Nutrien (TSE:NTR) Insider Acquires C$25,013.14 in Stock

Nutrien Ltd. (TSE:NTR) insider Mark Thompson purchased 262 shares of Nutrien stock in a transaction dated Wednesday, May 27th. The shares were purchased at an average cost of C$95.47 per share, with a total value of C$25,013.14. Following the acquisition, the insider owned 36,277 shares of the company’s stock, valued at approximately C$3,463,365.19. This trade represents a 0.73% increase in their position.

Nutrien Stock Performance

Shares of NTR opened at C$94.41 on Friday. Nutrien Ltd. has a 1 year low of C$74.77 and a 1 year high of C$116.95. The company has a market cap of C$45.32 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth 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. The firm has a fifty day moving average of C$100.33 and a 200-day moving average of C$94.28.

Nutrien (TSE:NTR) last announced its quarterly earnings results 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 company had revenue of C$8.41 billion during the quarter. As a group, equities analysts anticipate that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NTR shares. TD Securities boosted their price target on shares of Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. UBS Group downgraded shares of Nutrien from a “hold” rating to a “strong sell” rating in a report on Thursday, March 26th. Wells Fargo & Company raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. Raymond James Financial raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Finally, BNP Paribas Exane downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Nutrien presently has an average rating of “Moderate Buy” and a consensus price target of C$80.00.

About Nutrien

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.