Analysts Set CF Industries Holdings, Inc. (CF) PT at $34.79
CF Industries Holdings, Inc. (NYSE:CF) has been assigned an average recommendation of “Hold” from the seventeen analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $34.44.
A number of equities analysts have commented on CF shares. HSBC Holdings plc started coverage on shares of CF Industries Holdings in a report on Wednesday, October 11th. They issued a “hold” rating and a $36.30 price objective for the company. BidaskClub cut CF Industries Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Royal Bank Of Canada cut their target price on CF Industries Holdings from $25.00 to $23.00 and set an “underperform” rating on the stock in a research note on Friday, July 14th. Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. Finally, ValuEngine cut CF Industries Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th.
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CF Industries Holdings (NYSE:CF) traded up $0.14 during trading on Friday, reaching $37.28. 3,391,274 shares of the company’s stock were exchanged, compared to its average volume of 4,554,821. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51. CF Industries Holdings has a 1 year low of $25.04 and a 1 year high of $39.32.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.04). The business had revenue of $870.00 million during the quarter, compared to analyst estimates of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. The business’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. analysts anticipate that CF Industries Holdings will post -0.45 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, November 14th. CF Industries Holdings’s payout ratio is currently -65.57%.
A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in CF Industries Holdings by 2.2% during the second quarter. Vanguard Group Inc. now owns 24,160,218 shares of the basic materials company’s stock worth $675,520,000 after acquiring an additional 523,655 shares during the period. Capital World Investors grew its holdings in CF Industries Holdings by 21.4% during the second quarter. Capital World Investors now owns 15,203,728 shares of the basic materials company’s stock worth $425,096,000 after acquiring an additional 2,675,809 shares during the period. Dimensional Fund Advisors LP grew its holdings in CF Industries Holdings by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 3,888,875 shares of the basic materials company’s stock worth $108,724,000 after acquiring an additional 114,534 shares during the period. Tyrus Capital S.A.M. increased its stake in CF Industries Holdings by 7.8% in the 2nd quarter. Tyrus Capital S.A.M. now owns 2,815,000 shares of the basic materials company’s stock worth $78,707,000 after purchasing an additional 204,885 shares in the last quarter. Finally, Glendon Capital Management LP increased its stake in CF Industries Holdings by 14.3% in the 2nd quarter. Glendon Capital Management LP now owns 2,619,751 shares of the basic materials company’s stock worth $73,248,000 after purchasing an additional 327,600 shares in the last quarter.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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