Nutrien Ltd (NYSE: NTR) is -11.56% lower on its value in year-to-date trading and has touched a low of $44.65 and a high of $62.53 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 $49.94 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $49.82, the stock is 5.12% and 4.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -0.24% at the moment leaves the stock -3.93% off its SMA200. NTR registered -14.34% loss for a year compared to 6-month loss of -12.23%. The firm has a 50-day simple moving average (SMA 50) of $47.6584 and a 200-day simple moving average (SMA200) of $51.8349.
The stock witnessed a 7.12% gain in the last 1 month and extending the period to 3 months gives it a 1.51%, and is 3.25% 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 2.32% over the week and 2.12% over the month.
Nutrien Ltd (NTR) has around 25900 employees, a market worth around $24.65B and $26.84B in sales. Current P/E ratio is 31.21 and Fwd P/E is 13.41. Profit margin for the company is 2.94%. Distance from 52-week low is 11.59% and -20.33% from its 52-week high. The company has generated returns on investments over the last 12 months (2.22%).
with sales reaching $5.33B over the same period.The EPS is expected to shrink by -17.17% this year, but quarterly earnings will post -8.10% year-over-year. Quarterly sales are estimated to shrink -0.80% in year-over-year returns.
Nutrien Ltd (NTR) Top Institutional Holders
1021.0 institutions hold shares in Nutrien Ltd (NTR), with institutional investors hold 70.91% of the company’s shares. The shares outstanding are 494.76M, and float is at 494.56M with Short Float at 2.59%. Institutions hold 70.89% 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
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