How to Buy Nutrien Stock
Nutrien Ltd
Nutrien is a agricultural input company located in Saskatchewan, Canada, which is part of the Basic Materials sector, and is traded under the ticker NTR on the NYSE exchange.
Nutrien stock last closed at $52.65, up 1.62% from the previous day, and has decreased 28.76% in one year. It has underperformed other stocks in the Agricultural Inputs industry by 0.03 percentage points. Nutrien stock is currently +9.92% from its 52-week low of $47.90, and -27.84% from its 52-week high of $72.96.
As of Apr 18, 2024, there are 494.55M shares of NTR outstanding. The market value of NTR is $26.04B. In the past 24 hours, 1.48M NTR shares were traded.
How to Buy Nutrien Stock
Not sure how to invest in Nutrien stock? Here's how.
- Decide where to buy Nutrien stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Nutrien stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- Evaluate Nutrien stock: The Nutrien ticker symbol is NTR. Is Nutrien stock a good investment? Should you buy shares of NTR? How do NTR's underlying business fundamentals look? Do top analysts think Nutrien is a good buy? Why has NTR's stock price moved recently? (Hint: Our stock market research website can help you decide if NTR is a good stock to buy).
- Place your NTR trade: Decide if you will purchase NTR shares at the current market price or use a limit order to purchase NTR stock at a specific price.
- Track your investment in NTR: Create a watchlist to key updates about your new investment in Nutrien stock.
Step 1: Decide where to buy Nutrien stock
You will need an online brokerage account in order to access the NYSE market and buy NTR stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed fintech leader.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can invest in NTR today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing funds into your new brokerage account.
Step 4: Evaluate Nutrien stock
Once you have selected the best place to buy Nutrien stock, it's very important to research their stock before you buy, so you actually understand the risk and opportunity.
Nutrien stock quick numbers
NTR Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on NTR's stock page.
Is NTR stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NTR's true value.
Using relative valuations methods:
- NTR could be undervalued based on its P/E ratio of 20.81x, relative to Agricultural Inputs industry P/E ratio of 26.12x
- NTR may be undervalued based on its P/B ratio of 1.04x, relative to Agricultural Inputs industry P/B ratio of 1.36x
- NTR could be undervalued based on its PEG ratio of 0.13x
You can do more valuation research on NTR's stock here.
A look at NTR Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- NTR's operating cash flow of $5.07B allows it to safely service it's debt of $12.57B.
- There are more short-term assets than short-term liabilities on the NTR balance sheet.
Failed Financial Due Diligence Checks:
- Total NTR debt is higher than 5 years ago, relative to shareholder equity.
- NTR profit margin has gone down from 20.2% to 4.3% in the past year.
- NTR earnings of $2.72B is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the NTR balance sheet.
- NTR has a relatively high debt to equity ratio of 1.1.
Is Nutrien stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 Wall Street analysts who research NTR, the consensus analyst rating on NTR is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent NTR Analyst Upgrades/Downgrades
Adam Samuelson, a top 20% analyst from Goldman Sachs maintains NTR with a strong buy rating and lowers their NTR price target from $88.00 to $78.00, on Feb 1, 2024.
Vincent Anderson, a top 11% analyst from Stifel Nicolaus maintains NTR with a strong buy rating and raises their NTR price target from $72.00 to $75.00, on Jan 19, 2024.
Steve Hansen, a bottom 26% analyst from Raymond James downgrades NTR to a hold rating and lowers their NTR price target from $80.00 to $65.00, on Jan 12, 2024.
Benjamin Theurer, a top 22% analyst from Barclays upgrades NTR to a strong buy rating and raises their NTR price target from $64.00 to $68.00, on Nov 14, 2023.
You can dive deeper into what analysts are forecasting on the Nutrien stock forecast page.
NTR Technical Indicators
NTR Growth Numbers
Last year, NTR earnings were $1.26B. Over the last five year, NTR's earnings have grown by -15.05% per year. This was slower than the Agricultural Inputs industry average of 24.64%.
Last year, NTR revenue was $29.06B. During the past five year, NTR's revenue has gone up by 8.15% per year. This was faster than the Agricultural Inputs industry average of 6.9%.
Find out more about NTR's earnings and revenue performance here.
What are NTR insiders up to?
In the last year, executives and large shareholders at NTR have not bought or sold any shares.
Get more info about who owns NTR shares here.
Does NTR provide a stable income stream?
Nutrien pays a dividend of 4.05%, compared to the Agricultural Inputs industry's average dividend yield of 5.34%. If you owned $1,000 of NTR stock, you would have received $40.46 in the past year.
Nutrien dividend payments have consistently grown over the past 7 years but have not remained stable.
Dig into more info about Nutrien dividend yield and history here.
NTR Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your NTR trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your investment in NTR
Now that you own some NTR stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to see the latest developments about your NTR stock.
NTR Feed
How to Buy Stock in Nutrien
To summarize, here are the 6 steps you need to take to buy Nutrien stock right now:
- Decide where to buy Nutrien stock
- Open your brokerage account
- Put funds into your brokerage account
- Evaluate Nutrien stock
- Place your NTR trade
- Track your investment in NTR
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Nutrien, create your watchlist below.
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