Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Nutrien Ltd (NYSE: NTR) closed at $52.05 down -0.46% from its previous closing price of $52.29. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.54 million shares were traded. NTR stock price reached its highest trading level at $52.31 during the session, while it also had its lowest trading level at $51.4402.
Ratios:
For a deeper understanding of Nutrien Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.39.
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 this company, Jefferies on March 26, 2024, initiated with a Buy rating and assigned the stock a target price of $62.
On March 01, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $66.
Piper Sandler Downgraded its Neutral to Underweight on February 29, 2024, whereas the target price for the stock was revised from $68 to $54.
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 25815083008 and an Enterprise Value of 37412012032. As of this moment, Nutrien’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.63, and their Forward P/E ratio for the next fiscal year is 12.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.332 whereas that against EBITDA is 7.014.
Stock Price History:
Over the past 52 weeks, NTR has reached a high of $71.25, while it has fallen to a 52-week low of $47.90. The 50-Day Moving Average of the stock is -1.83%, while the 200-Day Moving Average is calculated to be -8.67%.
Shares Statistics:
For the past three months, NTR has traded an average of 1.95M shares per day and 1443660 over the past ten days. A total of 494.55M shares are outstanding, with a floating share count of 494.37M. Insiders hold about 0.04% of the company’s shares, while institutions hold 71.21% stake in the company. Shares short for NTR as of 1713139200 were 3830636 with a Short Ratio of 2.42, compared to 1710460800 on 3117040. Therefore, it implies a Short% of Shares Outstanding of 3830636 and a Short% of Float of 0.7799999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for NTR is 2.13, from 2.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04054312The stock’s 5-year Average Dividend Yield is 3.34.
