Potash Corporation of Saskatchewan (USA) (POT) is Upgraded by Susquehanna to Positive

Potash Corporation of Saskatchewan (USA) (POT) was Upgraded by Susquehanna to ” Positive”. Earlier the firm had a rating of “Neutral ” on the company shares. Susquehanna advised their investors in a research report released on Sep 26, 2016.

Many Wall Street Analysts have commented on Potash Corporation of Saskatchewan (USA). Stifel Upgraded Potash Corporation of Saskatchewan (USA) on Sep 14, 2016 to ” Buy”, Price Target of the shares are set at $20.Potash Corporation of Saskatchewan (USA) was Downgraded by CLSA to ” Outperform” on Sep 13, 2016.

On the company’s financial health, Potash Corporation of Saskatchewan (USA) reported $0.18 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.18. The company had revenue of $1053.00 million for the quarter, compared to analysts expectations of $1131.01 million. The company’s revenue was down -39.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.

Potash Corporation of Saskatchewan (USA) opened for trading at $16.28 and hit $16.4801 on the upside on Thursday, eventually ending the session at $16.32, with a gain of 1.43% or 0.23 points. The heightened volatility saw the trading volume jump to 66,95,631 shares. Company has a market cap of $13,700 M.

Investors should note that on Sep 8, 2016, Potash Corporation of Saskatchewan (USA) announced a cash dividend of $0.1000. The company’s management has announced Oct 10, 2016 as the ex-dividend date and fixed the record date on Oct 12, 2016. The payable date has been fixed on Nov 2, 2016.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products including ammonia urea nitrogen solutions ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia Louisiana Ohio and Trinidad. The Company’s phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers phosphate feed and industrial acid which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar Louisiana facility.

Potash Corporation of Saskatchewan (USA)

Leave a Reply

Potash Corporation of Saskatchewan (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Potash Corporation of Saskatchewan (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.