Due to some recent strategic acquisitions, most notably one of Agrium's top rivals UAP Holding Corp., and increases in crop-nutrient prices Agrium's profits went through the roof. A seven fold increase topping analysts estimates. Agrium's sales have also tripled to 3.18 Billion, partly due to the afore mentioned acquisition.
Agrium, Inc. produces and markets agricultural nutrients, industrial products, and specialty products worldwide, as well as involves in the retail supply of agricultural products and services in North and South America. It operates through three segments: Retail, Wholesale, and Advanced Technologies. The Retail segment markets crop nutrient products in liquid or dry form, including nitrogen, phosphate, potash, sulphur, and micronutrients; crop protection products, such as herbicides, fungicides, and insecticides; Vigoro branded and private label seeds; and a range of custom application and ...
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
Agrium, ticker AGU, has outperformed the S&P 500 index by over 25% over the past four weeks. Analysts have raised their earnings estimates for both the current fiscal year and next fiscal year (2009) by over 6% and 12%, respectively.
It's expected growth in earnings is nicely supplemented with attractive P/E multiples of only 22.54x their trailing four quarters of actual reported earnings. The stock has posted a stellar 28% return on equity over the past four quarters, while consistently delivering positive EPS surprises over the past nine quarters by an average of 173%!
The Fundamental point of view on Agriculture trend is "The World Needs Food" . Agrium's growth will be very positive for the next several years as demand for fertilizer product is unprecedented today because of agriculture booming that is driven by rising demand for food and biofuel booming for substituting fossil energy.
Agrium produces various crop nutrient products including nitrogen, phosphate, potash, sulphur, and micronutrient; crop protection products such as herbicides, fungicides, and insecticides.
For details of Technical Analysis please visit my ...
Readers of this space know that my investment bias is toward large-cap companies with demonstrated business models that have a competitive advantage in established markets, preferably with a favorable global trend as a support. Moreover, there are few more-favorable global trends than food production, and with the above in mind, Agrium is worth a review.
Agrium (NYSE: AGU) is the No. 1 producer and seller of fertilizers in North America, including nitrogen, as well as potash and phosphate products.
The company has an 8-million-ton nutrient production cap...
Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday June 18.
Gassing Up: XTO Energy (XTO), Southwestern Energy (SWN), El Paso (EP), Ultra Petroleum (UPL), Apache (APA), Anadarko (APC), Chesapeake Energy (CHK)
One mystery on The Street is that big oil names like Exxon have made only paltry gains while oil has risen from $100 to $130 in a heartbeat. Oil companies either are not able to drill more oil or were hedged on the prediction oil would go lower and lost, explained Cramer. But natural gas names, such as XTO Energy, Southwestern Energy, El Paso Ultra
Since my last report back in October 2007, when I highly touted and recommended agricultural equities, particularly Agrium (AGU), my fundamental point of view on this trend has not changed:“The word needs food."
The basis of my previous points in that article were to come to a new reality and realization that the “West” is not the only place that will have its steak (it has been for a long time); the people in new developing economies and countries are demanding lifestyle changes in the form of better living conditions, enjoyment of life, and the need for better food (it is not jus
Agrium (NYSE: AGU) is a leading producer and marketer of agricultural nutrients, in North and South America. The firm's plants can produce more than eight million tons of fertilizers per year. These are sold to wholesale distributors and through more than four hundred company retail outlets. Agrium also participates in a joint venture with Repsol YPF (NYSE: REP), operating Argentina's largest nitrogen plant. Potash Corporation of Saskatchewan (NYSE: POT) is a major c
Over the past few weeks it seems that volume has slowed on the potash stocks we follow as the share prices have taken a breather. Interest has waned yet share prices have found themselves in a bit of a trading range, especially when one consults a chart of Potash Corporation of Saskatchewan (POT), The Mosaic Company (MOS) and Agrium Incorporated (AGU). Not much has changed in the past few weeks, and investors understand that the fertilizer stocks will be around for a while. Right now we have some sideways movement, which could soon end.
The Wall Street Journal wrote this past week a som
The agriculture bull market is in full swing and the prospects for the industry keep growing stronger. Agriculture is entrenched in supporting the basic needs of humans and is vital to the sustainability of a growing population. In fact, 45% of the world's workers are employed in agriculture. Recently, prices for crops have skyrocketed as farmers produced less food last year than was consumed, and stockpiles have been drawn down to 30-year lows.
The primary demand driver has come from emerging markets including China and India as consumers emerge from poverty and move to a protein-rich die
"We think we've seen the worst and will likely see some improvement in the economy going forward," says growth stock specialist Harry Domash, editor of Winning Investing.
Among his buy recommendations, the advisor looks at two agriculture plays: Agrium (NYSE: AGU), a producer of fertilizers, and the diversified exchange-traded fund, PowerShares DB Commodity (ASE: DBC).
"Headquartered in Calgary, Alberta, Agrium is a major North American producer and marketer of fertilizers. Agrium operates plants in Canada, the U.S., and in
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About Agrium Inc.
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Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
Readers of this space know that my investment bias is toward large-cap companies with demonstrated business models that have a competitive advantage in established markets, preferably with a favorable global trend as a support. Moreover, there are few more-favorable global trends than food production, and with the above in mind, Agrium is worth a review.
