Sectors & IndustriesBasic MaterialsAgricultural Inputs

Best Agricultural Input Stocks to Buy Now (2024)

Top agricultural input stocks in 2024 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:

Fmc (NYSE:FMC) is the top agricultural input stock with a Zen Score of 50, which is 20 points higher than the agricultural input industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Fmc has seen its stock lose -1.34% over the past year, underperforming other agricultural input stocks by -3 percentage points.

Fmc has an average 1 year price target of $66.86, an upside of 4.5% from Fmc's current stock price of $63.98.

Fmc stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Fmc, 14.29% have issued a Strong Buy rating, 14.29% have issued a Buy, 71.43% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Corteva (NYSE:CTVA) is the second best agricultural input stock with a Zen Score of 44, which is 14 points higher than the agricultural input industry average of 30. It passed 16 out of 38 due diligence checks and has strong fundamentals. Corteva has seen its stock return 15.62% over the past year, overperforming other agricultural input stocks by 14 percentage points.

Corteva has an average 1 year price target of $63.18, an upside of 8.32% from Corteva's current stock price of $58.33.

Corteva stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Corteva, 54.55% have issued a Strong Buy rating, 27.27% have issued a Buy, 18.18% 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 43, which is 13 points higher than the agricultural input industry average of 30. It passed 15 out of 38 due diligence checks and has strong fundamentals. Cf Industries Holdings has seen its stock return 9.91% over the past year, overperforming other agricultural input stocks by 9 percentage points.

Cf Industries Holdings has an average 1 year price target of $86.33, a downside of -4.23% from Cf Industries Holdings's current stock price of $90.15.

Cf Industries Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Cf Industries Holdings, 22.22% have issued a Strong Buy rating, 22.22% have issued a Buy, 44.44% have issued a hold, while 0% have issued a Sell rating, and 11.11% 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 10.25%, which is 7 percentage points higher than the agricultural input industry average of 3.55%. Cvr Partners's dividend payout is not stable, having dropped more than 10% ten 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 198.5% indicates that its high dividend yield might not be sustainable for the long-term.

Nutrien (NYSE:NTR) has an annual dividend yield of 4.32%, which is 1 percentage points higher than the agricultural input industry average of 3.55%. Nutrien's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nutrien's dividend has shown consistent growth over the last 10 years.

Nutrien's dividend payout ratio of 133.7% indicates that its high dividend yield might not be sustainable for the long-term.

Fmc (NYSE:FMC) has an annual dividend yield of 3.63%, which is the same as the agricultural input industry average of 3.55%. Fmc's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Fmc's dividend has shown consistent growth over the last 10 years.

Fmc's dividend payout ratio of 21% indicates that its dividend yield is sustainable for the long-term.

Agricultural input stocks were down -0.36% in the last day, and up 0.51% 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:

Icl Group (NYSE:ICL) is the most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Icl Group has a valuation score of 43, which is 22 points higher than the agricultural input industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Icl Group's stock has dropped -25.85% in the past year. It has underperformed other stocks in the agricultural input industry by -27 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 29, which is 8 points higher than the agricultural input industry average of 21. It passed 2 out of 7 valuation due diligence checks.

Nutrien's stock has dropped -14.34% in the past year. It has underperformed other stocks in the agricultural input industry by -16 percentage points.

Cf Industries Holdings (NYSE:CF) is the third most undervalued agricultural input stock based on WallStreetZen's Valuation Score. Cf Industries Holdings has a valuation score of 29, which is 8 points higher than the agricultural input industry average of 21. It passed 2 out of 7 valuation due diligence checks.

Cf Industries Holdings's stock has gained 9.91% in the past year. It has overperformed other stocks in the agricultural input industry by 9 percentage points.