Yara International ASA (OTCMKTS:YARIY) Upgraded at Zacks Research

Zacks Research upgraded shares of Yara International ASA (OTCMKTS:YARIY) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

YARIY has been the subject of several other reports. Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Jefferies Financial Group lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Yara International ASA Trading Up 3.3%

YARIY stock opened at $23.96 on Tuesday. The company has a market cap of $12.21 billion, a P/E ratio of 7.96 and a beta of 0.57. Yara International ASA has a twelve month low of $17.48 and a twelve month high of $31.28. The company has a quick ratio of 1.02, a current ratio of 1.79 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average of $24.63 and a 200-day moving average of $25.38.

Yara International ASA (OTCMKTS:YARIY) last issued its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. The business had revenue of $4.26 billion for the quarter, compared to analyst estimates of $3.95 billion. Yara International ASA had a return on equity of 16.90% and a net margin of 9.11%. As a group, equities research analysts expect that Yara International ASA will post 5.04 EPS for the current year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.