Agrium (AGU) Earning Somewhat Favorable Press Coverage, Analysis Finds

News headlines about Agrium (NYSE:AGU) (TSE:AGU) have been trending somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Agrium earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 43.1266180391906 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Agrium (NYSE:AGU) traded up $0.41 during mid-day trading on Friday, hitting $115.00. 833,843 shares of the stock traded hands, compared to its average volume of 323,664. The stock has a market cap of $15,890.00, a price-to-earnings ratio of 29.49, a PEG ratio of 2.18 and a beta of 0.64. The company has a current ratio of 1.29, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70. Agrium has a 1 year low of $87.82 and a 1 year high of $117.28.

Agrium (NYSE:AGU) (TSE:AGU) last released its quarterly earnings results on Tuesday, November 7th. The basic materials company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.22). The firm had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Agrium had a net margin of 2.64% and a return on equity of 9.62%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.12) EPS. sell-side analysts forecast that Agrium will post 4.57 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 18th. Stockholders of record on Friday, December 29th were given a dividend of $0.875 per share. This represents a $3.50 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Thursday, December 28th. Agrium’s payout ratio is presently 89.74%.

A number of research analysts have weighed in on the stock. assumed coverage on shares of Agrium in a research note on Wednesday, October 11th. They issued a “buy” rating and a $126.50 target price on the stock. TD Securities raised shares of Agrium from a “hold” rating to a “buy” rating and raised their target price for the stock from $102.00 to $134.00 in a research note on Thursday, September 28th. Zacks Investment Research lowered shares of Agrium from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Stifel Nicolaus reissued a “buy” rating and issued a $123.00 target price on shares of Agrium in a research note on Thursday, October 12th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $100.00 target price on shares of Agrium in a research note on Friday, October 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $113.71.

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Agrium Company Profile

Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company’s segments include Retail and Wholesale. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.

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