Nutrien (NTR) Stock Sinks As Market Gains: What You Should Know

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Nutrien (NTR) Stock Sinks As Market Gains: What You Should Know

In potentially the most modern shopping and selling session, Nutrien (NTR) closed at $68, marking a -0.47% wander from the day earlier than nowadays. This switch lagged the S&P 500’s 0.41% accumulate on the day.

– Zacks

Outdated to nowadays’s shopping and selling, shares of the producer of potash and other fertilizers had gained 9.93% over the previous month. This has outpaced the Typical Supplies sector’s loss of seven.71% and the S&P 500’s loss of 4.08% in that point.

Investors shall be hoping for energy from NTR because it approaches its subsequent earnings begin, which is expected to be November 1, 2021. In that file, analysts inquire of NTR to submit earnings of $1.21 per portion. This would possibly perhaps mark year-over-year growth of 426.09%. Meanwhile, the Zacks Consensus Estimate for earnings is projecting fetch gross sales of $5.74 billion, up 36.5% from the year-in the past length.

NTR’s paunchy-year Zacks Consensus Estimates are calling for earnings of $5 per portion and earnings of $25.18 billion. These results would symbolize year-over-year adjustments of +177.78% and +20.69%, respectively.

Investors can also furthermore peek most modern adjustments to analyst estimates for NTR. Most modern revisions are inclined to ponder potentially the most modern near-time length enterprise trends. As such, certain estimate revisions ponder analyst optimism about the company’s enterprise and profitability.

Learn implies that these estimate revisions are right this moment correlated with near-time length portion tag momentum. To secure the merit of this, now we secure developed the Zacks Unfriendly, a proprietary mannequin which takes these estimate adjustments under consideration and offers an actionable ranking system.

The Zacks Unfriendly system, which ranges from #1 (Sturdy Have interaction) to #5 (Sturdy Sell), has a resounding outside-audited be conscious file of outperformance, with #1 shares generating a median annual return of +25% since 1988. At some level of the previous 30 days, our consensus EPS projection has moved 1.37% better. NTR is for the time being carrying a Zacks Unfriendly of #1 (Sturdy Have interaction).

Looking at its valuation, NTR is retaining a Forward P/E ratio of 13.67. For comparability, its commerce has a median Forward P/E of 13.67, which approach NTR is shopping and selling at a no noticeable deviation to the neighborhood.

It is furthermore price noting that NTR for the time being has a PEG ratio of 1.71. This metric is dilapidated in the same vogue to the famed P/E ratio, however the PEG ratio furthermore takes under consideration the stock’s expected earnings growth price. NTR’s commerce had a median PEG ratio of 1.42 as of the day earlier than nowadays’s shut.

The Fertilizers commerce is allotment of the Typical Supplies sector. This commerce for the time being has a Zacks Enterprise Unfriendly of 40, which puts it in the tip 16% of all 250+ industries.

The Zacks Enterprise Unfriendly gauges the energy of our particular particular person commerce teams by measuring the everyday Zacks Unfriendly of the actual particular person shares for the length of the teams. Our compare exhibits that the tip 50% rated industries outperform the bottom half of by a part of 2 to 1.

Be particular that to form potentially the most of Zacks. Com to coach all of these stock-transferring metrics, and more, in the arriving shopping and selling sessions.

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Nutrien Ltd. (NTR): Free Stock Prognosis File

 

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