In the past week, NTR stock has gone up by 5.01%, with a monthly gain of 1.91% and a quarterly surge of 7.61%. The volatility ratio for the week is 2.10%, and the volatility levels for the last 30 days are 2.04% for Nutrien Ltd The simple moving average for the past 20 days is 5.14% for NTR’s stock, with a -0.81% simple moving average for the past 200 days.
Is It Worth Investing in Nutrien Ltd (NYSE: NTR) Right Now?
Nutrien Ltd (NYSE: NTR) has a higher price-to-earnings ratio of 31.80x compared to its average ratio. NTR has 36-month beta value of 0.85. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for NTR is 494.56M, and currently, short sellers hold a 1.68% ratio of that float. The average trading volume of NTR on November 04, 2024 was 2.10M shares.
NTR) stock’s latest price update
Nutrien Ltd (NYSE: NTR)’s stock price has increased by 4.98 compared to its previous closing price of 48.36. However, the company has seen a 5.01% increase in its stock price over the last five trading sessions. zacks.com reported 2024-11-01 that Evaluate the expected performance of Nutrien (NTR) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Analysts’ Opinion of NTR
Many brokerage firms have already submitted their reports for NTR stocks, with UBS repeating the rating for NTR by listing it as a “Neutral.” The predicted price for NTR in the upcoming period, according to UBS is $51 based on the research report published on October 10, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see NTR reach a price target of $50, previously predicting the price at $62. The rating they have provided for NTR stocks is “Equal Weight” according to the report published on September 24th, 2024.
Goldman gave a rating of “Neutral” to NTR, setting the target price at $53 in the report published on September 10th of the current year.
NTR Trading at 6.01% 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 -16.59% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +1.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.68% upper at present.
During the last 5 trading sessions, NTR rose by +4.45%, which changed the moving average for the period of 200-days by -1.85% in comparison to the 20-day moving average, which settled at $48.28. In addition, Nutrien Ltd saw -9.87% 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 1.39. 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
To put it simply, Nutrien Ltd (NTR) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
