Nutrien Ltd (NYSE: NTR) is -14.15% lower on its value in year-to-date trading and has touched a low of $44.65 and a high of $60.87 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 $47.68 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $48.36, the stock is 0.27% and 1.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 1.43% at the moment leaves the stock -5.52% off its SMA200. NTR registered -10.71% loss for a year compared to 6-month loss of -8.63%. The firm has a 50-day simple moving average (SMA 50) of $47.8398 and a 200-day simple moving average (SMA200) of $51.1856.
The stock witnessed a -3.16% gain in the last 1 month and extending the period to 3 months gives it a 2.37%, and is 0.98% 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 2.10% over the week and 2.04% over the month.
Nutrien Ltd (NTR) has around 25900 employees, a market worth around $33.87B and $26.84B in sales. Current P/E ratio is 30.30 and Fwd P/E is 13.05. Profit margin for the company is 2.94%. Distance from 52-week low is 8.32% and -20.55% 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 -19.77% this year.
Nutrien Ltd (NTR) Top Institutional Holders
1018.0 institutions hold shares in Nutrien Ltd (NTR), with institutional investors hold 72.11% of the company’s shares. The shares outstanding are 494.76M, and float is at 494.56M with Short Float at 1.68%. Institutions hold 72.08% 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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