Nutrien Ltd (NYSE: NTR) has seen a rise in its stock price by 0.97 in relation to its previous close of 52.55. However, the company has experienced a -0.02% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-08 that The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price.
Is It Worth Investing in Nutrien Ltd (NYSE: NTR) Right Now?
The price-to-earnings ratio for Nutrien Ltd (NYSE: NTR) is above average at 21.03x, Company’s 36-month beta value is 0.90.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NTR is 494.37M, and currently, short sellers hold a 0.50% ratio of that floaft. The average trading volume of NTR on March 27, 2024 was 1.95M shares.
NTR’s Market Performance
The stock of Nutrien Ltd (NTR) has seen a -0.02% decrease in the past week, with a -0.95% drop in the past month, and a -7.03% fall in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 2.00% for NTR. The simple moving average for the past 20 days is 0.39% for NTR’s stock, with a -7.84% simple moving average for the past 200 days.
Analysts’ Opinion of NTR
Wolfe Research, on the other hand, stated in their research note that they expect to see NTR reach a price target of $66. The rating they have provided for NTR stocks is “Outperform” according to the report published on March 01st, 2024.
Piper Sandler gave a rating of “Underweight” to NTR, setting the target price at $54 in the report published on February 29th of the current year.
NTR Trading at 2.91% from the 50-Day Moving Average
After a stumble in the market that brought NTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.53% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.57% upper at present.
During the last 5 trading sessions, NTR fell by -0.02%, which changed the moving average for the period of 200-days by -9.98% in comparison to the 20-day moving average, which settled at $52.85. In addition, Nutrien Ltd saw -5.81% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NTR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.29 for the gross margin
The net margin for Nutrien Ltd stands at 0.04. The total capital return value is set at 0.1. Equity return is now at value 4.94, with 2.34 for asset returns.
Based on Nutrien Ltd (NTR), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 6.14 billion with net debt to EBITDA at 1.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 5.44for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
In a nutshell, Nutrien Ltd (NTR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
