Yara International ASA (OTCMKTS:YARIY) was downgraded by investment analysts at Nordea Equity Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, The Fly reports.
Several other equities analysts have also recently issued reports on the stock. Morgan Stanley cut shares of Yara International ASA from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, September 16th. Credit Suisse Group cut shares of Yara International ASA from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded shares of Yara International ASA from a “neutral” rating to a “buy” rating in a research note on Monday, January 4th. Smith Barney Citigroup raised shares of Yara International ASA from a “neutral” rating to a “buy” rating in a report on Monday, January 4th. Finally, UBS Group reissued a “buy” rating on shares of Yara International ASA in a report on Wednesday, October 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $19.00.
YARIY opened at $22.40 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.29 and a current ratio of 2.02. The stock has a market capitalization of $12.01 billion, a P/E ratio of 18.51 and a beta of 0.97. The company’s 50-day simple moving average is $20.75 and its two-hundred day simple moving average is $19.88. Yara International ASA has a 52-week low of $12.01 and a 52-week high of $23.02.
Yara International ASA (OTCMKTS:YARIY) last posted its earnings results on Tuesday, October 20th. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.03. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Yara International ASA had a net margin of 3.10% and a return on equity of 10.26%. Research analysts forecast that Yara International ASA will post 1.54 EPS for the current fiscal year.
About Yara International ASA
Yara International ASA provides environmental and industrial solutions in Norway and internationally. It operates through three segments: Sales & Marketing, New Business, and Production. The Sales & Marketing segment offers nitrogen-based fertilizers, including urea, urea ammonium nitrate, calcium ammonium nitrate, ammonium nitrate, calcium nitrate, and compound fertilizers that contain plant nutrients, such as nitrogen, phosphorus, and potassium, as well as foliar and fertigation solutions through micronutrients.
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