Finally, Bessemer Group Inc. increased its stake in shares of Potash Corporation of Saskatchewan by 126.8% in the second quarter. Some investors may choose to select cyclical stocks.
Several other research firms also recently weighed in on POT. Potash Corporation of Saskatchewan's revenue was up 6.4% compared to the same quarter a year ago. Renaissance Technologies LLC now owns 3,513,263 shares of the fertilizer maker's stock worth $57,266,000 after acquiring an additional 3,112,864 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Potash Corporation of Saskatchewan in the second quarter worth $104,000. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker's stock valued at $110,000 after buying an additional 122 shares during the period. Cornerstone Advisors Inc. raised its holdings in Potash Corporation of Saskatchewan by 1.8% during the 2nd quarter. Carmignac Gestion now owns 12,299,830 shares of the fertilizer maker's stock valued at $200,487,000 after purchasing an additional 43,900 shares during the last quarter. Finally, TD Asset Management Inc. grew its position in Potash Corporation of Saskatchewan by 1.6% during the 2nd quarter. Schroder Investment Management Group now owns 2,905,142 shares of the fertilizer maker's stock worth $61,327,000 after buying an additional 2,796,842 shares in the last quarter.
Potash Corporation of Saskatchewan Inc. has a 1-year low of $15.72 and a 1-year high of $20.27. (NYSE:POT) traded up 0.659% during trading on Wednesday, hitting $19.105. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. Potash Corporation of Saskatchewan presently has a consensus rating of "Hold" and a consensus target price of $18.55. The company has a market cap of $15.96 billion, a P/E ratio of 33.45 and a beta of 0.48. Potash Corporation of Saskatchewan Inc.
Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last posted its quarterly earnings data on Thursday, July 27th. The fertilizer maker reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by ($0.01). The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $982.05 million. Potash Corporation of Saskatchewan had a net margin of 11.07% and a return on equity of 5.19%. The company's revenue for the quarter was up 6.4% compared to the same quarter previous year. When companies gear up to release the next round of quarterly earnings results, investors will be closely watching to see how profitable the overall quarter was. On average, analysts anticipate that Potash Corporation of Saskatchewan will post $0.64 EPS for the current year. Stockholders of record on Friday, September 29th will be paid a $0.10 dividend. The firm has "Hold" rating by Societe Generale given on Thursday, September 8. This represents a $0.40 dividend on an annualized basis and a yield of 2.11%. After a recent check, the 14-day RSIfor Kazakhstan Potash Corporation Limited (KPC.AX) is now at 53.99, the 7-day stands at 76.22, and the 3-day is sitting at 94.43.
COPYRIGHT VIOLATION WARNING: This story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and global copyright & trademark law. The legal version of this report can be viewed at https://www.truebluetribune.com/2017/10/10/zacks-brokerages-expect-potash-corporation-of-saskatchewan-inc-pot-will-announce-earnings-of-0-12-per-share.html. The stock of Potash Corporation of Saskatchewan (USA) (NYSE:POT) earned "Buy" rating by Vertical Research on Friday, May 19. They set a "buy" rating and a $24.25 price objective on the stock. BMO Capital Markets maintained Potash Corporation of Saskatchewan (USA) (NYSE:POT) rating on Thursday, July 6. Royal Bank Of Canada restated a "buy" rating and issued a $19.00 price objective on shares of Potash Corporation of Saskatchewan in a research report on Tuesday, June 20th. Cowen and Company restated a hold rating on shares of Potash Corporation of Saskatchewan in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Zacks Investment Research downgraded shares of Potash Corporation of Saskatchewan from a "buy" rating to a "hold" rating in a research report on Tuesday, July 11th.