What is Scotiabank’s Forecast for Nutrien FY2027 Earnings?

by · The Markets Daily

Nutrien Ltd. (TSE:NTR – Free Report) – Equities researchers at Scotiabank upped their FY2027 earnings per share estimates for shares of Nutrien in a research report issued on Thursday, October 22nd. Scotiabank analyst B. Isaacson now forecasts that the company will earn $6.68 per share for the year, up from their prior estimate of $6.66. Scotiabank currently has a “Sector Outperform” rating and a $80.00 target price on the stock. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share.

Nutrien (TSE:NTR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$3.71 earnings per share (EPS) for the quarter. Nutrien had a net margin of 8.44% and a return on equity of 9.27%. The firm had revenue of C$15.36 billion for the quarter.

A number of other equities research analysts also recently issued reports on the stock. Jefferies Financial Group downgraded shares of Nutrien from a “buy” rating to a “hold” rating and reduced their price target for the company from C$96.00 to C$63.00 in a research note on Thursday, July 16th. National Bank Financial cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. KeyCorp upgraded shares of Nutrien to a “hold” rating in a report on Thursday, September 10th. Finally, BNP Paribas Exane upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$74.33.

Check Out Our Latest Stock Report on Nutrien

Nutrien Trading Up 1.7%

TSE NTR opened at C$97.46 on Monday. The company has a debt-to-equity ratio of 49.14, a current ratio of 1.39 and a quick ratio of 0.65. The stock has a market capitalization of C$46.51 billion, a P/E ratio of 19.73, a PEG ratio of 1.15 and a beta of 0.69. The firm’s 50-day moving average is C$102.65 and its two-hundred day moving average is C$98.35. Nutrien has a 12 month low of C$74.77 and a 12 month high of C$116.95.

Nutrien Company Profile

(Get Free Report)

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.

Featured Articles