Sectors & IndustriesBasic MaterialsAgricultural Inputs

Best Agricultural Input Stocks to Buy Now (2022)

Top agricultural input stocks in 2022 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 61, which is 22 points higher than the agricultural input industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Nutrien has seen its stock return 28.43% over the past year, overperforming other agricultural input stocks by 22 percentage points.

Nutrien has an average 1 year price target of $106.60, an upside of 28.53% from Nutrien's current stock price of $82.94.

Nutrien stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Nutrien, 50% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 10% have issued a Sell rating, and 0% have issued a Strong Sell.

Fmc (NYSE:FMC) is the second best agricultural input stock with a Zen Score of 60, which is 21 points higher than the agricultural input industry average of 39. It passed 22 out of 38 due diligence checks and has strong fundamentals. Fmc has seen its stock return 10.91% over the past year, overperforming other agricultural input stocks by 4 percentage points.

Fmc has an average 1 year price target of $132.10, an upside of 26.05% from Fmc's current stock price of $104.80.

Fmc stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Fmc, 50% have issued a Strong Buy rating, 8.33% have issued a Buy, 33.33% have issued a hold, while 8.33% 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 58, which is 19 points higher than the agricultural input industry average of 39. It passed 22 out of 38 due diligence checks and has strong fundamentals. Cf Industries Holdings has seen its stock return 75.34% over the past year, overperforming other agricultural input stocks by 69 percentage points.

Cf Industries Holdings has an average 1 year price target of $99.67, an upside of 6.27% from Cf Industries Holdings's current stock price of $93.79.

Cf Industries Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Cf Industries Holdings, 30.77% have issued a Strong Buy rating, 0% have issued a Buy, 61.54% have issued a hold, while 7.69% 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 19%, which is 14 percentage points higher than the agricultural input industry average of 4.62%. 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 shown consistent growth over the last 10 years.

Cvr Partners's dividend payout ratio of 42% indicates that its high dividend yield is sustainable for the long-term.

Icl Group (NYSE:ICL) has an annual dividend yield of 8.54%, which is 4 percentage points higher than the agricultural input industry average of 4.62%. Icl Group's dividend payout is not stable, having dropped more than 10% nine 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 34.7% indicates that its high dividend yield is sustainable for the long-term.

Scotts Miracle Gro Co (NYSE:SMG) has an annual dividend yield of 5.29%, which is 1 percentage points higher than the agricultural input industry average of 4.62%. 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 -55.1% indicates that its high dividend yield might not be sustainable for the long-term.

Agricultural input stocks were down -5.78% in the last day, and down -6.19% over the last week. Cvr Partners was the among the top losers in the agricultural inputs industry, dropping -9.38% yesterday.

Shares of companies in the broader chemicals sector are trading lower amid concerns of a recession. Further Fed rate hike could drive a slowdown in economic activity, which could impact several end markets and lower chemicals demand.

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

Mosaic Co (NYSE:MOS) is the most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Mosaic Co has a valuation score of 71, which is 35 points higher than the agricultural input industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Mosaic Co's stock has gained 38.78% in the past year. It has overperformed other stocks in the agricultural input industry by 32 percentage points.

Nutrien (NYSE:NTR) is the second most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Nutrien has a valuation score of 71, which is 35 points higher than the agricultural input industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Nutrien's stock has gained 28.43% in the past year. It has overperformed other stocks in the agricultural input industry by 22 percentage points.

Corteva (NYSE:CTVA) is the third most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Corteva has a valuation score of 43, which is 7 points higher than the agricultural input industry average of 36. It passed 3 out of 7 valuation due diligence checks.

Corteva's stock has gained 36.57% in the past year. It has overperformed other stocks in the agricultural input industry by 30 percentage points.