Nutrien Ltd (NYSE: NTR) has a higher price-to-earnings ratio of 30.88x compared to its average ratio, The 36-month beta value for NTR is at 0.85. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for NTR is 494.55M, and currently, shorts hold a 2.59% of that float. The average trading volume for NTR on October 02, 2024 was 2.06M shares.
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NTR) stock’s latest price update
Nutrien Ltd (NYSE: NTR)’s stock price has plunge by 2.58relation to previous closing price of 48.06. Nevertheless, the company has seen a 3.38% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-25 that While NTR faces pricing pressure, it gains on healthy demand for fertilizers, backed by the strength in global agriculture markets.
NTR’s Market Performance
Nutrien Ltd (NTR) has experienced a 3.38% rise in stock performance for the past week, with a 1.82% rise in the past month, and a -1.36% drop in the past quarter. The volatility ratio for the week is 2.61%, and the volatility levels for the past 30 days are at 2.21% for NTR. The simple moving average for the last 20 days is 5.03% for NTR stock, with a simple moving average of -5.09% for the last 200 days.
Analysts’ Opinion of NTR
Many brokerage firms have already submitted their reports for NTR stocks, with Wells Fargo repeating the rating for NTR by listing it as a “Equal Weight.” The predicted price for NTR in the upcoming period, according to Wells Fargo is $50 based on the research report published on September 24, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see NTR reach a price target of $53, previously predicting the price at $69. The rating they have provided for NTR stocks is “Neutral” according to the report published on September 10th, 2024.
NTR Trading at 3.39% 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 -21.16% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 2.61%, as shares surge +6.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.24% lower at present.
During the last 5 trading sessions, NTR rose by +3.38%, which changed the moving average for the period of 200-days by -10.79% in comparison to the 20-day moving average, which settled at $47.08. In addition, Nutrien Ltd saw -12.48% 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:
- 0.12 for the present operating margin
- 0.29 for the gross margin
The net margin for Nutrien Ltd stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 3.13, with 1.48 for asset returns.
Based on Nutrien Ltd (NTR), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is 4.22.
Currently, EBITDA for the company is 6.14 billion with net debt to EBITDA at 2.24. When we switch over and look at the enterprise to sales, we see a ratio of 1.36. The receivables turnover for the company is 3.32for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In conclusion, Nutrien Ltd (NTR) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.
