Nutrien Ltd [NTR] stock prices are up 5.00% to $50.78 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NTR shares have gain 5.03% over the last week, with a monthly amount glided 1.93%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Nutrien Ltd [NYSE: NTR] stock has seen the most recent analyst activity on October 10, 2024, when UBS downgraded its rating to a Neutral and also revised its price target to $51 from $66. Previously, Wells Fargo downgraded its rating to Equal Weight on September 24, 2024, and dropped its price target to $50. On September 10, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $53 on the stock. HSBC Securities downgraded its rating to a Reduce. Berenberg upgraded its rating to a Buy and raised its price target to $66 on April 29, 2024. Jefferies started tracking with a Buy rating for this stock on March 26, 2024, and assigned it a price target of $62. In a note dated March 01, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $66 on this stock.
The stock price of Nutrien Ltd [NTR] has been fluctuating between $44.65 and $60.87 over the past year. Currently, Wall Street analysts expect the stock to reach $72.51 within the next 12 months. Nutrien Ltd [NYSE: NTR] shares were valued at $50.78 at the most recent close of the market. An investor can expect a potential return of 42.79% based on the average NTR price forecast.
Analyzing the NTR fundamentals
The Nutrien Ltd [NYSE:NTR] reported sales of 26.84B for trailing twelve months, representing a drop of -12.85%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.01 points at the first support level, and at 49.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.62, and for the 2nd resistance point, it is at 52.46.
Ratios To Look Out For
It’s worth pointing out that Nutrien Ltd [NYSE:NTR]’s Current Ratio is 1.26. On the other hand, the Quick Ratio is 0.82, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.00 and price to earnings (TTM) ratio is 31.81.
