Potash Corporation of Saskatchewan Inc. (NYSE:POT) registered a -2.70% decrease, still its new closing price is 32.64% up from the company’s 1 year high of 20.27.It posted -1.06% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 17 stock analysts following this company have an average price target at $18.61, with individual PT in the $13.50-$23.00 range. The shares moved at $18.74, implying that brokerage firms see shares gaining about 26.46% in twelve months time.
Potash Corporation of Saskatchewan Inc. (POT) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.16% rise year to date. A Senior Officer at Potash Corporation of Saskatchewan Inc. (POT) offloaded shares in a transaction closed on Thursday December 04, 2014. Knafelc, Lee sold 5,500 shares in the company at $39.59 each and collected $217,001 in proceeds. Knafelc, Lee now owns 0 shares in the company after this transaction. A Senior Officer in the company, Flahr, William, disclosed a transaction on Wednesday November 19, 2014 that ended up generating $492,000 from the sale of 12,000 shares at $41.04 per share.
Potash Corporation of Saskatchewan Inc. (NYSE:POT) Upcoming Results on Tap
Potash Corporation of Saskatchewan Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.10 in that period. Sales during the quarter are predicted to arrive at $1.04 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.06 billion in revenue and EPS of $0.07. The mean forecast was for $1.05 billion and $0.09 a share, respectively. One quarter earlier, revenue for the stock was at $1.14 billion, with earnings at $0.11/share.
Potash Corporation of Saskatchewan Inc. (POT) Brokerage Update
Potash Corporation of Saskatchewan Inc. (POT) is in Susquehanna’s research list so their analyst rating change is noteworthy. These shares were upgraded to Positive from Neutral by Susquehanna, according to news reported on Monday September 26, 2016.Another important research note was issued by Stifel on Wednesday September 14, 2016.The firm upgraded POT to Buy from Hold. Over the last six months and over the last three months, the shares of Potash Corporation of Saskatchewan Inc. (POT), have changed 19.16% and 12.29%, respectively.