Yara International ASA (OTCMKTS:YARIY) Stock Rating Lowered by Zacks Research

Yara International ASA (OTCMKTS:YARIY) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities research analysts have also recently commented on YARIY. Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Pareto Securities upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Yara International ASA currently has a consensus rating of “Moderate Buy”.

Yara International ASA Trading Down 1.4%

OTCMKTS YARIY opened at $22.01 on Monday. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02. The company has a market capitalization of $11.21 billion, a PE ratio of 8.00 and a beta of 0.53. The company has a fifty day moving average of $27.40 and a 200 day moving average of $24.96.

Yara International ASA (OTCMKTS:YARIY) last announced its quarterly earnings results on Friday, April 24th. The basic materials company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. The company 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%. Research analysts forecast that Yara International ASA will post 3.33 earnings per share 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.