Yara International ASA (OTCMKTS:YARIY) Receives Consensus Rating of “Buy” from Brokerages

Shares of Yara International ASA (OTCMKTS:YARIY) have been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

YARIY has been the subject of a number of analyst reports. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th.

Yara International ASA Stock Performance

Shares of YARIY opened at $22.77 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.79 and a debt-to-equity ratio of 0.31. The business has a 50-day simple moving average of $27.69 and a two-hundred day simple moving average of $24.86. The stock has a market cap of $11.60 billion, a price-to-earnings ratio of 8.28 and a beta of 0.53. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28.

Yara International ASA (OTCMKTS:YARIY) last issued its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.95 billion. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%. On average, analysts expect that Yara International ASA will post 3.33 EPS for the current year.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company’s operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara’s business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.