Market Momentum: Nutrien Ltd (NTR) Registers a -1.45 Decrease, Closing at 52.32

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Nutrien Ltd (NYSE: NTR) closed the day trading at $52.32 down -1.45% from the previous closing price of $53.09. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 1.51 million shares were traded. NTR stock price reached its highest trading level at $53.41 during the session, while it also had its lowest trading level at $52.05.

Ratios:

For a better understanding of NTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.42.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 21, 2025, Downgraded its rating to Equal Weight and sets its target price to $56 from $55 previously.

On January 13, 2025, Piper Sandler Upgraded its rating to Overweight which previously was Underweight and also upped its target price recommendation from $50 to $58.

JP Morgan Upgraded its Underweight to Neutral on January 13, 2025, whereas the target price for the stock was revised from $40 to $50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTR now has a Market Capitalization of 25868158976 and an Enterprise Value of 40092372992. As of this moment, Nutrien’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.32, and their Forward P/E ratio for the next fiscal year is 14.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 1.569 whereas that against EBITDA is 8.819.

Stock Price History:

The Beta on a monthly basis for NTR is 0.84, which has changed by 0.041184545 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, NTR has reached a high of $60.87, while it has fallen to a 52-week low of $43.69. The 50-Day Moving Average of the stock is 8.91%, while the 200-Day Moving Average is calculated to be 4.81%.

Shares Statistics:

Over the past 3-months, NTR traded about 2.12M shares per day on average, while over the past 10 days, NTR traded about 2136150 shares per day. A total of 493.88M shares are outstanding, with a floating share count of 493.15M. Insiders hold about 0.06% of the company’s shares, while institutions hold 74.57% stake in the company. Shares short for NTR as of 1736899200 were 5832483 with a Short Ratio of 2.43, compared to 1734048000 on 3598688. Therefore, it implies a Short% of Shares Outstanding of 5832483 and a Short% of Float of 1.17999995.

Dividends & Splits

NTR’s forward annual dividend rate is 2.16, up from 2.15 a year ago. Against a Trailing Annual Dividend Yield of 0.04049727The stock’s 5-year Average Dividend Yield is 3.48.

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