|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||69.83 - 70.01|
|52 Week Range||58.54 - 75.19|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
Potash prices in the week ended April 20 were flat to positive at the locations we’ll cover below. Potash prices have remained strong so far in 2018, which is a relief for potash producers (MXI) Nutrien (NTR) (POT), Mosaic (MOS), and Intrepid Potash (IPI).
Its one-year forward PE (price-to-earnings) multiple currently stands at 25.8x. Its peer Air Products & Chemicals (APD) has a one-year forward PE multiple of 23.6x. The forward PE multiple is a valuation method that factors in future earnings.
Hold on to that safety bar, because the market is off to a wild start in 2018. Not only that, more than a trillion dollars left actively managed exchange-traded funds last year and most of it found its way into passively managed ETFs. Thus, ETFs continue to be very popular, even though many of them are essentially duplicates of one another.
Natural gas is one of the key input components for gas-based nitrogen fertilizer producers (MOO)(MXI) such as CF Industries (CF), Terra Nitrogen (TNH), CVR Partners (UAN), and Nutrien (NTR).
FMC (FMC) reported its earnings on November 6, 2017. It reported an EPS (earnings per share) of $0.7, which beat analysts' estimate of $0.63 per share.
For Mosaic, the Phosphate segment's shipments suffered the most. The segment fell as much as 17% YoY to 2.1 million tons from 2.5 million tons.
In the week ending September 22, DAP (diammonium phosphate) prices experienced an impressive increase week-over-week.
DAP prices in the Central Florida region rose as much as 4.2% week-over-week to $312 per metric ton from $299 per metric ton a week ago.
Over the past ten-year period, Agrium has risen 148.3% and significantly outperformed the S&P 500 Index's rise of 69.2% over the same period.
DAP prices remained muted in recent months and last week wasn't an exception. Last week, overall DAP prices were broadly flat to negative.