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:

Cf Industries Holdings (NYSE:CF) is the top agricultural input stock with a Zen Score of 69, which is 34 points higher than the agricultural input industry average of 35. It passed 26 out of 38 due diligence checks and has strong fundamentals. Cf Industries Holdings has seen its stock lose -12.96% over the past year, overperforming other agricultural input stocks by 12 percentage points.

Cf Industries Holdings has an average 1 year price target of $89.40, an upside of 7.13% from Cf Industries Holdings's current stock price of $83.45.

Cf Industries Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Cf Industries Holdings, 26.67% have issued a Strong Buy rating, 20% have issued a Buy, 46.67% have issued a hold, while 6.67% have issued a Sell rating, and 0% have issued a Strong Sell.

Nutrien (NYSE:NTR) is the second best agricultural input stock with a Zen Score of 61, which is 26 points higher than the agricultural input industry average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Nutrien has seen its stock lose -26.12% over the past year, underperforming other agricultural input stocks by -1 percentage points.

Nutrien has an average 1 year price target of $82.13, an upside of 31.34% from Nutrien's current stock price of $62.53.

Nutrien stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Nutrien, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 6.25% have issued a Sell rating, and 6.25% have issued a Strong Sell.

Bioceres Crop Solutions (NASDAQ:BIOX) is the third best agricultural input stock with a Zen Score of 60, which is 25 points higher than the agricultural input industry average of 35. It passed 20 out of 33 due diligence checks and has strong fundamentals. Bioceres Crop Solutions has seen its stock lose -12.05% over the past year, overperforming other agricultural input stocks by 13 percentage points.

Bioceres Crop Solutions has an average 1 year price target of $23.67, an upside of 109.26% from Bioceres Crop Solutions's current stock price of $11.31.

Bioceres Crop Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Bioceres Crop Solutions, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% 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 35.03%, which is 28 percentage points higher than the agricultural input industry average of 7.09%. 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 145.9% indicates that its high dividend yield might not be sustainable for the long-term.

Icl Group (NYSE:ICL) has an annual dividend yield of 9.75%, which is 3 percentage points higher than the agricultural input industry average of 7.09%. Icl Group's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Icl Group's dividend has not shown consistent growth over the last 10 years.

Icl Group's dividend payout ratio of 64% indicates that its high dividend yield is sustainable for the long-term.

Scotts Miracle Gro Co (NYSE:SMG) has an annual dividend yield of 4.99%, which is -2 percentage points lower than the agricultural input industry average of 7.09%. 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 -109.5% indicates that its dividend yield might not be sustainable for the long-term.

Agricultural input stocks were down -0.77% in the last day, and down -1.83% 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:

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

Intrepid Potash's stock has dropped -36.96% in the past year. It has underperformed other stocks in the agricultural input industry by -12 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 36 points higher than the agricultural input industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Mosaic Co's stock has dropped -27.33% in the past year. It has underperformed other stocks in the agricultural input industry by -3 percentage points.

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

Nutrien's stock has dropped -26.12% in the past year. It has underperformed other stocks in the agricultural input industry by -1 percentage points.