Nutrien Ltd (NYSE: NTR) is -18.94% lower on its value in year-to-date trading and has touched a low of $44.65 and a high of $65.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NTR stock was last observed hovering at around $45.25 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $45.66, the stock is -3.05% and -5.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.4 million and changing 0.91% at the moment leaves the stock -12.95% off its SMA200. NTR registered -27.28% loss for a year compared to 6-month loss of -13.82%.
The stock witnessed a -1.10% gain in the last 1 month and extending the period to 3 months gives it a -14.17%, and is -2.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 1.99% over the month.
Nutrien Ltd (NTR) has around 25900 employees, a market worth around $22.59B and $26.84B in sales. Current P/E ratio is 28.60 and Fwd P/E is 12.18. Profit margin for the company is 2.94%. Distance from 52-week low is 2.27% and -29.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.22%).
The EPS is expected to shrink by -16.98% this year
1031.0 institutions hold shares in Nutrien Ltd (NTR), with institutional investors hold 70.36% of the company’s shares. The shares outstanding are 494.55M, and float is at 494.55M with Short Float at 0.98%. Institutions hold 70.34% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 32.39 million shares valued at $1.65 billion. The investor’s holdings represent 6.5495 of the NTR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.11 million shares valued at $973.01 million to account for 3.8644 of the shares outstanding. The other top investors are MACKENZIE FINANCIAL CORP which holds 13.4 million shares representing 2.7103 and valued at over $682.5 million, while BANK OF MONTREAL /CAN/ holds 2.7002 of the shares totaling 13.35 million with a market value of $719.67 million.
