Nutrien Ltd (NYSE: NTR) is -17.31% 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 $46.74 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $46.58, the stock is -1.08% and -3.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing -0.34% at the moment leaves the stock -10.96% off its SMA200. NTR registered -27.67% loss for a year compared to 6-month loss of -13.36%.
The stock witnessed a 0.52% gain in the last 1 month and extending the period to 3 months gives it a -9.06%, and is 1.06% up 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 1.97% over the week and 1.94% over the month.
Nutrien Ltd (NTR) has around 25900 employees, a market worth around $23.05B and $26.84B in sales. Current P/E ratio is 29.18 and Fwd P/E is 12.42. Profit margin for the company is 2.94%. Distance from 52-week low is 4.33% and -28.34% 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.
Nutrien Ltd (NTR) Top Institutional Holders
1033.0 institutions hold shares in Nutrien Ltd (NTR), with institutional investors hold 70.96% of the company’s shares. The shares outstanding are 494.55M, and float is at 494.55M with Short Float at 1.29%. Institutions hold 70.94% 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.
Nutrien Ltd (NTR) Insider Activity
#####
