Yara International ASA (YARIY) Soars 10.4%: Is Further Upside Left in the Stock?

Yara International ASA (YARIY Quick QuoteYARIY – Free Report) shares soared 10.4% in the last trading session to close at $14.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 13.4% loss over the past four weeks.

YARIY’s shares rallied as material stocks climbed, triggered by President Trump’s announcement of a 90-day suspension of reciprocal tariffs for most countries.

This company is expected to post quarterly earnings of $0.33 per share in its upcoming report, which represents a year-over-year change of +200%. Revenues are expected to be $3.47 billion, up 4.7% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Yara International ASA, the consensus EPS estimate for the quarter has been revised 142.9% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on YARIY going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>

Yara International ASA is part of the Zacks Fertilizers industry. Mosaic (MOS Quick QuoteMOS – Free Report) , another stock in the same industry, closed the last trading session 8.4% higher at $24.68. MOS has returned -8.5% in the past month.

For Mosaic, the consensus EPS estimate for the upcoming report has changed -1.2% over the past month to $0.38. This represents a change of -41.5% from what the company reported a year ago. Mosaic currently has a Zacks Rank of #3 (Hold).