Nutrien Ltd (NTR) Stock Forecast & Predictions

Nutrien Ltd NTR: $53.795

122 1st Ave S Suite 500, Saskatoon, Saskatchewan, Canada. | Sector: Wholesale Trade | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.nutrien.com

  • Market Cap$30.86B
  • Change (52 Weeks)64.71%
  • Low (52 Weeks)$28.45
  • Nutrien Ltd (NTR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Nutrien Ltd (NTR) stock price is $53.795 and the 52 weeks low is $28.45, which means the Nutrien Ltd stock price is up 64.71% in the last 12 months.

    Nutrien Ltd (NTR) Stock Price has been Trending Strongly with an ADX reading of 31.63 as per the Weekly Chart.

    A Upward trend indicates that Nutrien Ltd (NTR) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that NTR Stock price might rise further, 25.00% indicating that NTR Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall NTR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Nutrien Ltd (NTR) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Nutrien Ltd (NTR) is based on 25 Institutional Analyst Ratings where 52.00% are on Strong Buy, 24.00% on Moderate Buy, 20.00% remains on Hold, 0.00% are on Moderate Sell and 4.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended NTR stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Nutrien Ltd.

    Nutrien Ltd (NTR) Stock Price Prediction By Analysts


    HighLowAverage
    $86.10$40.40$64.94
    $64.9420.72% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for NTR set by the institutional analysts is $64.94 where High Estimate is $86.10, Median $65.28 and Low $40.40.

    The average price target for NTR by Institutional Analysts is $64.94, which is 20.72% Upside from the current price. So according to the Institutional Analysts, NTR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Nutrien Ltd (NTR) Stock Forecast Based on News Sentiment


    Neutral
    Based on 13 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of NTR consisting of positive and negative, it shows that Nutrien Ltd had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so NTR stock price most likey won't have any reaction to last weeks news coverage.

    Nutrien Ltd (NTR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond James FinancialStrong BuyUpgraded
    Credit SuisseNeutralInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalUpgraded
    Morgan StanleyEqual-WeightMaintained
    TD SecuritiesBuyUpgraded
    Credit SuisseNeutralMaintained
    Raymond James FinancialStrong-BuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseHoldInitiated
    Atlantic EquitiesNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    TD SecuritiesBuyMaintained
    Credit SuisseNeutralMaintained
    UBSBuyMaintained
    Credit SuisseNeutralInitiated
    B of A SecuritiesBuyUpgraded
    Tudor PickeringNeutralInitiated
    Raymond James FinancialStrong-BuyInitiated
    BMO CapitalOutperformMaintained
    SusquehannaPositiveMaintained
    CitigroupBuyUpgraded
    StifelBuyMaintained
    Credit SuisseNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Credit SuisseNeutralMaintained
    JP MorganNeutralMaintained
    B of A SecuritiesBuyReiterated
    UBSBuyMaintained
    CitigroupNeutralDowngraded
    Cleveland ResearchNeutralDowngraded
    Stephens & Co.Equal-WeightDowngraded
    BernsteinMarket PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaBuyUpgraded
    Raymond James FinancialStrong-BuyInitiated
    Stifel NicolausBuyMaintained
    JP MorganNeutralMaintained
    Consumer Edge ResearchOverweightInitiated
    Bank of AmericaNeutralUpgraded
    BMO CapitalOutperformUpgraded
    CitigroupBuyMaintained
    TD SecuritiesBuyUpgraded
    CIBC World MarketsUpgraded
    MacquarieOutperformMaintained
    UBSBuyMaintained
    BarclaysOverweightInitiated
    Sanford BernsteinDowngraded
    RBC CapitalOutperformMaintained
    CitigroupBuyMaintained
    Sanford BernsteinDowngraded
    Raymond JamesOutperformUpgraded
    Sanford BernsteinUpgraded
    CitigroupBuyMaintained
    Sanford BernsteinOutperformUpgraded
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    Goldman SachsNeutralInitiated
    HSBCBuyInitiated
    Stifel NicolausBuyInitiated
    RBC CapitalOutperformInitiated
    Raymond JamesMarket PerformInitiated
    MacquarieOutperformInitiated
    Credit SuisseNeutralInitiated
    Bank of AmericaUnderperformInitiated
    BMO CapitalMarket PerformInitiated
    BernsteinOutperformInitiated

    Nutrien Ltd (NTR) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.900
    The average consensus EPS for NTR is $1.900 with a high estimate of $2.247 and Low of $1.607 for the period 2021-06-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.24$0.174356300000000022020-12-31


    The latest average Earning Per Share Estimate for Nutrien Ltd is $1.90, which is higher than NTR's last EPS, $0.24. This means that Analysts are expecting Nutrien Ltd to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Nutrien Ltd.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.24$0.174356300000000022020-12-31
    $0.15$0.12649242020-09-30
    $1.45$1.33947212020-06-30
    $-0.12$-0.05911532020-03-31
    $0.09$0.26262019-12-31
    $0.24$0.39467772019-09-30
    $1.58$1.62040362019-06-30
    $0.2$0.264622019-03-31
    $0.54$0.5584292018-12-31
    $0.47$0.425300900000000042018-09-30
    $1.48$1.394812018-06-30
    $0.16$0.20629252018-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).