Yara International ASA (OTCMKTS:YARIY) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Yara International ASA (OTCMKTS:YARIY) released its quarterly earnings data on Wednesday. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03, Zacks reports. Yara International ASA had a return on equity of 20.81% and a net margin of 4.86%.

Yara International ASA Price Performance

YARIY traded down $0.33 during trading on Wednesday, reaching $24.26. The stock had a trading volume of 3,244 shares, compared to its average volume of 20,907. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.86 and a current ratio of 1.73. The business has a 50-day moving average of $20.93 and a 200-day moving average of $19.31. Yara International ASA has a one year low of $13.50 and a one year high of $24.61. The stock has a market cap of $12.36 billion, a PE ratio of 16.73 and a beta of 0.73.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Jefferies Financial Group upgraded shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Arctic Securiti raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Four analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat, Yara International ASA currently has an average rating of “Buy”.

Yara International ASA Company Profile

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.