It has traded as high as $140 and is good to buy at today's price. However use caution if it goes below $94 or $93. The summer is a better time since during the growing season more fertilizer is needed. There are concerns around the order levels because prices are up but it should be fine.
Owns shares in the company. Likes prospects for the company. Expecting strong agriculture business. Potash and other business lines very strong. Conflict in Ukraine has increased demand for business.
NTR is the largest fertilizer producer in the world. Recent earnings missed some targets, but overall fundamentals tick the boxes for us. The company is prudently scaling back plans that would have seen a 40% boost in potash production. It trades at under 2x book, less than 10x earnings, and supports a 31% ROE. Its dividend is backed by a payout ratio under 15% of cash flow. We recommend a stop-loss at $90, looking to achieve $130 -- upside potential of 21%. Yield 2.4%
Commodity prices have come off, like wheat and fertilizer. It pays a 2% dividend. He wants to see where commodity prices go before making a decision. The change in the C-suite haven't really effected the stock and is not a concern.
(A Top Pick Jan 11/22, Up 22%) Fertilizer prices down (previous highs unsustainable).
Has since sold shares.
Better opportunities available in the market.
CEO transition not going smoothly.
Waiting for share prices to fall.
Great performer in 2022, fell apart at the end. Potash and nitrogen prices pulled back. Nothing wrong with it. Very profitable, cyclical. Stays away from these boom and bust cyclicals.
It is in the potash business and has done well. The price of the equity is off because many customers were overstocked with potash so it has been trending down near term but recently consolidated. Longer term the trend is higher and it hasn't broken though that. If it did he would sell. Has decent fundamentals such as declining inventories of customers. Buy 17 Hold 6 Sell 1 (Analysts’ price target is $133.34)
He took profits earlier. It rode the commodity wave earlier this year, but reached levels it couldn't sustain. Tailwinds are more mouths to feed globally, but less arable land, and land that needs fertilizer to be more productively used. The USD is another influence where lower benefits NTR. Hold NTR and maybe slowly add during pullbacks.
Fertilizer giant. Very much a good company, but still a bit too expensive. Shares have done extremely well because of what's happening in Russia and Ukraine. With disruption, supply is constrained and countries like Canada have to pick up the slack. They do this by employing fertilizer to produce more.
Likes the fertilizer space. Be aware of the higher beta and its commodity nature. Secular decline in arable land will force increased crop inputs. China and India working hard to secure food supply in the face of urbanization. Long-term, you'll be fine. He thinks we're at the beginning of a commodity super-cycle. Yield is 2.4%.
Fallen from twice book value to book. FMV indicates potential of over 200%. PE only 5.44x. Food will continue to be a long-term issue. Fertilizer crucial to increase production. Stock's cheap. Potential to be a leader in next bull market.
Company will have strong returns as demand for food rising (Ukraine conflict).
Prospects for business are good in the long term.
Current share price presenting good buying opportunity.
For commodity producers, we hear about scarcity and topline growth. But now the cost of nat gas used in fertilizer production is going against it. Negative transit today means sell. Book value of $78 is where he'd look again.
Likes agriculture sector.
War in Ukraine has caused supply crunch in fertilizer.
Believes a $70 (USD) share price would be a good entry point.
Long term, is a good investment to hold.
Strong business model.
Nutrien Ltd. is a Canadian stock, trading under the symbol NTR.TO (previously NTR-T on Stockchase) on the Toronto Stock Exchange (NTR-CT). It is usually referred to as TSX:NTR or NTR.TO
It has traded as high as $140 and is good to buy at today's price. However use caution if it goes below $94 or $93. The summer is a better time since during the growing season more fertilizer is needed. There are concerns around the order levels because prices are up but it should be fine.