Several analysts have recently updated their ratings and price targets for Agrium (NYSE: AGU):
Shares of Agrium Inc. (NYSE:AGU) traded down 2.25% on Friday, hitting $104.39. The stock had a trading volume of 249,684 shares. The company has a market cap of $14.42 billion, a P/E ratio of 19.88 and a beta of 0.93. Agrium Inc. has a 52-week low of $79.94 and a 52-week high of $111.88. The company has a 50-day moving average of $103.32 and a 200-day moving average of $95.58.
Agrium (NYSE:AGU) last released its quarterly earnings results on Thursday, November 3rd. The company reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.23. The company earned $2.25 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Agrium had a return on equity of 11.96% and a net margin of 5.27%. The company’s revenue was down 11.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 EPS. On average, equities analysts anticipate that Agrium Inc. will post $4.79 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 19th. Shareholders of record on Friday, December 30th were given a dividend of $0.875 per share. The ex-dividend date was Wednesday, December 28th. This represents a $3.50 annualized dividend and a dividend yield of 3.28%. Agrium’s dividend payout ratio (DPR) is presently 66.41%.
Agrium Inc is a producer and distributor of agricultural products and services. The Company categorizes its segments within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical segments: North America, which includes the United States and Canada, and International, which includes Australia and South America.