 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Nutrien Ltd. (NTR) provides crop inputs and services. 
It offers potash, nitrogen, phosphate, and sulfate products; and financial solutions.
The company also distributes crop nutrients, crop protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and Australia.
In addition, it provides services directly to growers through a network of farm centers in North America, South America, and Australia.
Shares are heading higher in an upward trading channel. They are approaching the lower boundary of the channel. Note that the 50-day moving average coincides with the lower boundary of the channel.
On May 2nd, Nutrien (NTR) reported 1st Quarter March 2022 earnings of $2.70 per share on revenue of $7.7 billion. The consensus earnings estimate was $2.59 per share on revenue of $7.8 billion. Revenue grew 64.4% on a year-over-year basis.
The company said it expects 2022 earnings of $16.20 to $18.70 per share. The company's previous guidance was earnings of $10.20 to $11.80 per share for the year ending December 31, 2022. Stock is a beneficiary of the Ukraine war.
Note the entry point
Entry Point: $101.00
Stop Loss: $96.00
Trading Range: $57.08 - $117.25
Target Price: $112.00
NTR closed at $97.
