Where Do Analysts See Potash Corporation of Saskatchewan Inc. (NYSE:POT) Headed?

Potash Corporation of Saskatchewan Inc. (NYSE:POT) currently has an A verage Broker Rating of 2. This number is based on the 13 sell-side firms polled by Zacks. The ABR rank within the industry stands at 244. Analysts on a consensus basis are expecting that the stock will reach $23.36 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

An evaluation of a stock’s expected performance and/or its risk level as judged by a rating agency such as Standard and Poor’s. A stock rating will usually tell the investor how well a stock’s market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. The greater the amount by which the fair value exceeds the market value, the more highly recommended a buy the stock is. Conversely, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold.

Investors constantly have to weigh risk against reward when trying to extract profits and maximum value from the stock market. Making educated investment decisions typically requires dedication, rational thinking, and self-control. Once the individual investor starts developing good habits, they can start to eliminate the bad ones that may be costing them enormous amounts of hard earned money. Everybody is prone to make mistakes at some point, and being able to realize what contributed to the mistake can help with corrective actions. Repeating the same mistakes over and over again in the stock market will most likely lead the investor down the wrong path. 

Potash Corporation of Saskatchewan Inc. (NYSE:POT) closed the last session at $20.17 and sees an average of 4403505 shares trade hands in each session. The 52-week low of the stock stands at $15.89 while the current level stands at 100% of the 52-week High-Low range. Looking further out we can see that the stock has moved 4.08% over the past 12 weeks and 11.5% year to date.

Research analysts are predicting that Potash Corporation of Saskatchewan Inc. (NYSE:POT) will report earnings of $0.07 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently Potash Corporation of Saskatchewan Inc. (NYSE:POT) posted quarterly earnings of $0.09 which compared to the sell-side estimates of 0.11. The stock’s 12-month trailing earnings per share stands at $0.5. Shares have moved $3.81 over the past month and more recently, $1.05 over the past week heading into the earnings announcement. There are 5 analyst projections that were taken into consideration from respected brokerage firms.

7 analysts rate Potash Corporation of Saskatchewan Inc. a Buy or Strong Buy, which is 53.85% of all the analyst ratings.

Successful stock market traders generally have a keen ability to cut losses short and let winners run. This may sound easy, but novice traders have the tendency to actually extend losses and fail to secure profits. New stock market traders may encounter a few different scenarios when starting out. They may make a few early trades that prove to be big winners, or they may get taken to the cleaner right out of the gate. When a trader experiences big wins from the start, this may create an inflated sense of confidence. On the flip side, a string of early losses can be so discouraging that the trader throws in the towel without really even getting into the game. 

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.


Leave a Comment