Sectors & IndustriesBasic MaterialsAgricultural Inputs

Best Agricultural Input Stocks to Buy Now (2023)

Top agricultural input stocks in 2023 ranked by overall Zen Score. See the best agricultural input stocks to buy now, according to analyst forecasts for the agricultural inputs industry.

According to Zen Score, the 3 best agricultural input stocks to buy right now are:

Nutrien (NYSE:NTR) is the top agricultural input stock with a Zen Score of 59, which is 21 points higher than the agricultural input industry average of 38. It passed 22 out of 38 due diligence checks and has strong fundamentals. Nutrien has seen its stock return 13.97% over the past year, overperforming other agricultural input stocks by 16 percentage points.

Nutrien has an average 1 year price target of $93.79, an upside of 13.35% from Nutrien's current stock price of $82.74.

Nutrien stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Nutrien, 35.71% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 7.14% have issued a Sell rating, and 0% have issued a Strong Sell.

Icl Group (NYSE:ICL) is the second best agricultural input stock with a Zen Score of 58, which is 20 points higher than the agricultural input industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Icl Group has seen its stock lose -19.67% over the past year, underperforming other agricultural input stocks by -18 percentage points.

Icl Group has an average 1 year price target of $9.33, an upside of 20.89% from Icl Group's current stock price of $7.72.

Icl Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Icl Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Cf Industries Holdings (NYSE:CF) is the third best agricultural input stock with a Zen Score of 57, which is 19 points higher than the agricultural input industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cf Industries Holdings has seen its stock return 18.67% over the past year, overperforming other agricultural input stocks by 20 percentage points.

Cf Industries Holdings has an average 1 year price target of $104.27, an upside of 21.26% from Cf Industries Holdings's current stock price of $85.99.

Cf Industries Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Cf Industries Holdings, 41.67% have issued a Strong Buy rating, 8.33% have issued a Buy, 41.67% have issued a hold, while 8.33% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 9 agricultural input stocks that have issued dividends in the past year, the 3 agricultural input stocks with the highest dividend yields are:

Cvr Partners (NYSE:UAN) has an annual dividend yield of 22.32%, which is 17 percentage points higher than the agricultural input industry average of 5.1%. Cvr Partners's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Cvr Partners's dividend has not shown consistent growth over the last 10 years.

Cvr Partners's dividend payout ratio of 86.1% indicates that its high dividend yield is sustainable for the long-term.

Icl Group (NYSE:ICL) has an annual dividend yield of 11.73%, which is 7 percentage points higher than the agricultural input industry average of 5.1%. Icl Group's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Icl Group's dividend has shown consistent growth over the last 10 years.

Icl Group's dividend payout ratio of 42.8% indicates that its high dividend yield is sustainable for the long-term.

Scotts Miracle Gro Co (NYSE:SMG) has an annual dividend yield of 3.26%, which is -2 percentage points lower than the agricultural input industry average of 5.1%. Scotts Miracle Gro Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Scotts Miracle Gro Co's dividend has shown consistent growth over the last 10 years.

Scotts Miracle Gro Co's dividend payout ratio of -33.5% indicates that its dividend yield might not be sustainable for the long-term.

Agricultural input stocks were down -0.39% in the last day, and up 2.14% over the last week.

We couldn't find a catalyst for why agricultural input stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued agricultural input stocks right now are:

Nutrien (NYSE:NTR) is the most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Nutrien has a valuation score of 71, which is 37 points higher than the agricultural input industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Nutrien's stock has gained 13.97% in the past year. It has overperformed other stocks in the agricultural input industry by 16 percentage points.

Mosaic Co (NYSE:MOS) is the second most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Mosaic Co has a valuation score of 71, which is 37 points higher than the agricultural input industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Mosaic Co's stock has gained 12.78% in the past year. It has overperformed other stocks in the agricultural input industry by 14 percentage points.

Cvr Partners (NYSE:UAN) is the third most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Cvr Partners has a valuation score of 57, which is 23 points higher than the agricultural input industry average of 34. It passed 4 out of 7 valuation due diligence checks.

Cvr Partners's stock has dropped -6.47% in the past year. It has underperformed other stocks in the agricultural input industry by -5 percentage points.