From Nasdaq:

In the latest trading session, Nutrien (NTR) closed at $53.29, marking a +0.08% move from the previous day. The stock’s change was less than the S&P 500’s daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq appreciated by 0.75%. Shares of Nutrien saw a gain of 1.22% over the previous month.

Market participants will be closely following the financial results of Nutrien in its upcoming release. The company is predicted to post an EPS of $0.78, indicating a 61.39% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $5.28 billion, reflecting a 29.94% fall from the equivalent quarter last year. Recent revisions in analyst estimates for Nutrien tend to reflect the latest near-term business trends.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988.

Digging into valuation, Nutrien currently has a Forward P/E ratio of 10.98. This represents a premium compared to its industry’s average Forward P/E of 10.7. One should further note that NTR currently holds a PEG ratio of 1.37. The Fertilizers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 246, positioning it in the bottom 3% of all 250+ industries.

The Fertilizers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 246, positioning it in the bottom 3% of all 250+ industries. Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.” 成功了吗？



Read more: Here’s Why Nutrien (NTR) Gained But Lagged the Market Today