Nutrien Ltd (NYSE: NTR) is 6.88% higher on its value in year-to-date trading and has touched a low of $43.69 and a high of $60.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NTR stock was last observed hovering at around $48.24 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $47.83, the stock is 3.69% and 1.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing -0.85% at the moment leaves the stock -4.56% off its SMA200. NTR registered -14.19% loss for a year compared to 6-month loss of -0.95%. The firm has a 50-day simple moving average (SMA 50) of $47.0348 and a 200-day simple moving average (SMA200) of $50.1371.
The stock witnessed a -0.21% gain in the last 1 month and extending the period to 3 months gives it a -1.52%, and is 6.88% 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 2.53% over the week and 2.28% over the month.
Nutrien Ltd (NTR) has around 25900 employees, a market worth around $23.60B and $26.56B in sales. Current P/E ratio is 32.29 and Fwd P/E is 13.47. Profit margin for the company is 2.76%. Distance from 52-week low is 9.46% and -21.42% from its 52-week high. The company has generated returns on investments over the last 12 months (2.07%).
The EPS is expected to shrink by -22.06% this year
974.0 institutions hold shares in Nutrien Ltd (NTR), with institutional investors hold 73.65% of the company’s shares. The shares outstanding are 493.88M, and float is at 493.22M with Short Float at 1.68%. Institutions hold 73.62% 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.
