Now trading at a price of $50.8, Nutrien has moved 5.0% so far today.
Nutrien returned losses of -10.1% last year, with its stock price reaching a high of $60.87 and a low of $44.65. Over the same period, the stock underperformed the S&P 500 index by -41.4%. AThe company's 50-day average price was $47.84. Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. Based in Saskatoon, Canada, the Large-Cap Industrials company has 25,900 full time employees. Nutrien has offered a 4.4% dividend yield over the last 12 months.
Generally Positive Cash Flows but a Declining EPS Growth Trend:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $19,636 | $20,084 | $20,908 | $27,712 | $37,884 | $29,056 |
| Gross Margins | 27% | 27% | 25% | 34% | 41% | 28% |
| Net Margins | 18% | 5% | 2% | 11% | 20% | 4% |
| Net Income (M) | $3,573 | $992 | $459 | $3,179 | $7,687 | $1,282 |
| Earnings Per Share | $5.72 | $1.7 | $0.81 | $5.52 | $14.18 | $2.53 |
| EPS Growth | n/a | -70.28% | -52.35% | 581.48% | 156.88% | -82.16% |
| Free Cash Flow (M) | $2,052 | $3,665 | $3,323 | $3,886 | $8,110 | $5,066 |
| Total Debt (M) | $7,579 | $8,553 | $10,047 | $7,521 | $8,040 | $8,913 |
| Net Debt / EBITDA | 2.62 | 2.15 | 2.97 | 1.04 | 0.56 | 1.62 |
| Current Ratio | 1.4 | 1.17 | 1.35 | 1.11 | 1.14 | 1.17 |
Nutrien Shares Are Inexpensive:
Nutrien has a trailing twelve month P/E ratio of 29.9, compared to an average of 25.42 for the Industrials sector. Based on its EPS guidance of $4.01, the company has a forward P/E ratio of 11.9. The -4.9% compound average growth rate of Nutrien's historical and projected earnings per share yields a PEG ratio of -6.04. This indicates that its shares are overvalued.In contrast, the market is likely undervaluing Nutrien in terms of its equity because its P/B ratio is 1.0 while the sector average is 3.2.
Nutrien Has an Average Rating of Buy:
The 18 analysts following Nutrien have set target prices ranging from $48.0 to $75.0 per share, for an average of $59.39 with a buy rating. The company is trading -14.5% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Nutrien has a very low short interest because 1.7% of the company's shares are sold short. Institutions own 72.1% of the company's shares, and the insider ownership rate stands at 0.03%, suggesting a small amount of insider investors. The largest shareholder is Royal Bank of Canada, whose 7% stake in the company is worth $1,645,191,588.
