SA News • Wed, Oct. 22
There are 2 articles on this stock available only to PRO subscribers.
From other sites
at Zacks.com (Nov 4, 2014)
at CNBC.com (Oct 7, 2014)
at CNBC.com (Sep 23, 2014)
at CNBC.com (Sep 23, 2014)
at CNBC.com (Jul 22, 2014)
Yara: An Undervalued Scandinavian Fertilizer Giant
- A recent slump in fertilizer prices means the industry has fallen out of favor.
- Yara is both undervalued and institutionally under-followed.
- The Norwegian state's partial ownership in the company limits the potential downside.
- The future thus looks bright for Yara.
Yara International Offers A Tricky Balance Of Quality And Value
- Urea prices have plunged as Chinese producers operate at a loss, but higher-value nitrates have done considerably better.
- Yara is targeting South America and specialty fertilizer products for fruits and vegetables to drive growth and higher margins.
- Sell-side analysts are generally down on Yara, but if 2014 is truly a trough year, the shares could still have upside into the mid-$50s.
Wed, Oct. 22, 11:59 AM
- Norwegian fertilizer producer Yara (OTCPK:YARIY -1.6%) reports a 9% Y/Y rise in net profit on rising revenue, and says it will invest 2.25B kroner ($343M) to boost production capacity at the Porsgrunn plant in Norway.
- Yara's Q3 net profit totaled 1.71B kroner vs. 1.57B in the year-ago quarter but short of analyst consensus estimate of 2.24B kroner.
- Q3 revenue totaled 24.1B kroner, above 20.6B a year ago and expectations this quarter for 21.6B; EBIT was 2.76B, up from 2.39B a year ago but below expectations of 3.16B.
Thu, Oct. 16, 6:35 PM
- CF Industries (NYSE:CF) and Yara International (OTCPK:YARIY) have terminated merger talks that would have created the world's largest maker of nitrogen-based crop nutrients.
- “Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” CF says.
- CF and Yara said Sept. 23 that talks toward a “merger of equals” were at an early stage.
- CF -3.1% AH.
Thu, Oct. 2, 2:59 PM
- Fertilizer producers are mostly lower after Agrium (AGU -1.9%) announced weak guidance for H2 of its FY 2014: POT -2%, MOS -0.9%, OTCPK:YARIY -2.8%, IPI -2.3%, RNF -1.2%, but CF +2.4%.
- Canaccord and Piper Jaffray downwardly revised their 12-month price targets for the stock, by a respective 1.9% to $102 while reiterating a Buy rating and by 4.2% to $92 while maintaining a Neutral rating; however, BMO and RBC each reiterated their Outperform ratings on the stock with respective target prices of $99 and $115.
- Jim Cramer thinks AGU's woes could reverberate throughout the ag sector, at least in the near-term, with selling possibly spread to the likes of Monsanto (MON -0.4%), Syngenta (SYT +0.1%), Deere (DE +0.1%) and Agco (AGCO +1%).
YARIY vs. ETF Alternatives
Other News & PR