Nutrien Net Income vs. Shares Outstanding
| N7T Stock | EUR 46.06 1.25 2.79% |
For Nutrien profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nutrien to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nutrien utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nutrien's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nutrien over time as well as its relative position and ranking within its peers.
Nutrien |
Nutrien Shares Outstanding vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nutrien's current stock value. Our valuation model uses many indicators to compare Nutrien value to that of its competitors to determine the firm's financial worth. Nutrien is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 0.07 of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Nutrien is roughly 15.10 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nutrien's earnings, one of the primary drivers of an investment's value.Nutrien Shares Outstanding vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nutrien |
| = | 7.66 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Nutrien |
| = | 507.25 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Nutrien Shares Outstanding Comparison
Nutrien is currently under evaluation in shares outstanding category among its peers.
Nutrien Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nutrien, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nutrien will eventually generate negative long term returns. The profitability progress is the general direction of Nutrien's change in net profit over the period of time. It can combine multiple indicators of Nutrien, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The company offers potash, nitrogen, phosphate, and sulfate products and financial solutions. The company was incorporated in 2017 and is headquartered in Saskatoon, Canada. NUTRIEN operates under Agricultural Inputs classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23100 people.
Nutrien Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nutrien. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nutrien position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nutrien's important profitability drivers and their relationship over time.
Use Nutrien in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nutrien position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nutrien will appreciate offsetting losses from the drop in the long position's value.Nutrien Pair Trading
Nutrien Pair Trading Analysis
The ability to find closely correlated positions to Nutrien could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutrien when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nutrien - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nutrien to buy it.
The correlation of Nutrien is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nutrien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutrien moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nutrien can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nutrien position
In addition to having Nutrien in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Nutrien Stock
When determining whether Nutrien is a strong investment it is important to analyze Nutrien's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:Check out Correlation Analysis. For more detail on how to invest in Nutrien Stock please use our How to Invest in Nutrien guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
To fully project Nutrien's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nutrien at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nutrien's income statement, its balance sheet, and the statement of cash flows.