Yara International ASA (YARIY) Gains As Market Dips: What You Should Know

YARIY

Yara International ASA (YARIY - Free Report) closed the most recent trading day at $25.08, moving +1.46% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.22%. At the same time, the Dow lost 0.19%, and the tech-heavy Nasdaq lost 0.53%.

Heading into today, shares of the company had lost 3.1% over the past month, lagging the Basic Materials sector's loss of 1.19% and outpacing the S&P 500's loss of 6.58% in that time.

Wall Street will be looking for positivity from Yara International ASA as it approaches its next earnings report date. The company is expected to report EPS of $0.52, up 36.84% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.38 billion, up 84% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Yara International ASA. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.3% higher. Yara International ASA is holding a Zacks Rank of #1 (Strong Buy) right now.

In terms of valuation, Yara International ASA is currently trading at a Forward P/E ratio of 7.04. This represents a discount compared to its industry's average Forward P/E of 7.13.

The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 4, putting it in the top 2% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How To Profit From Trillions On Spending For Infrastructure >>