Jeffrey Martin Tarsi Sells 18,846 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) insider Jeffrey Martin Tarsi sold 18,846 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of C$87.60, for a total value of C$1,650,909.60. Following the transaction, the insider owned 2,312 shares of the company’s stock, valued at approximately C$202,531.20. The trade was a 89.07% decrease in their position.

Nutrien Price Performance

TSE:NTR opened at C$97.11 on Monday. The business’s 50-day moving average is C$85.10 and its 200 day moving average is C$82.02. Nutrien Ltd. has a 12 month low of C$65.35 and a 12 month high of C$97.12. The company has a market capitalization of C$46.94 billion, a P/E ratio of 26.18, a P/E/G ratio of 1.15 and a beta of 1.33. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10.

Nutrien (TSE:NTR) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. The business had revenue of C$6.01 billion during the quarter. Nutrien had a return on equity of 2.93% and a net margin of 2.76%. On average, equities research analysts forecast that Nutrien Ltd. will post 5.3416399 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company raised shares of Nutrien to a “hold” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.