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Fertilizer Stocks: Analysts’ Recommendations and Target Prices

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Nov. 26 2018, Updated 8:07 a.m. ET

Agribusiness sector

The agribusiness sector has largely remained weak in 2018. The agribusiness sector gave up its gains last week when the US and global markets saw a significant sell-off. The VanEck Vectors Agribusiness ETF (MOO) has fallen 1.8% YTD (year-to-date), while the S&P 500 Index (SPY) has fallen 1.4% during the same period. Let’s look at how three major fertilizer stocks have performed in 2018.

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Fertilizer stocks

The fertilizer sector is concentrated with just a handful of companies controlling a large share of the global market. In North America, there are three major fertilizer companies—CF Industries (CF), Mosaic (MOS), and Nutrien (NTR).

Earlier in November, CF Industries reported its earnings with an EPS of $0.13. CF Industries missed analysts’ EPS estimate of $0.14. The stock has been impressive in 2018. After the earnings release, investors dumped CF Industries. The stock has risen 2.5% YTD.

Mosaic (MOS) is one of the top performers among the above three fertilizer stocks with a YTD gain of nearly 33%. Nutrien (NTR) has fallen nearly 6.4% YTD during the same period.

Next, we’ll discuss analysts’ recommendations and target prices for these stocks (MOO).

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