Wall Street brokerages expect CF Industries Holdings, Inc. (NYSE:CF) to announce $0.21 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for CF Industries’ earnings. The lowest EPS estimate is $0.16 and the highest is $0.25. CF Industries posted earnings of $1.28 per share during the same quarter last year, which indicates a negative year over year growth rate of 83.6%. The business is scheduled to announce its next quarterly earnings results on Wednesday, July 29th.

On average, analysts expect that CF Industries will report full-year earnings of $1.25 per share for the current fiscal year, with EPS estimates ranging from $0.97 to $1.72. For the next year, analysts anticipate that the firm will post earnings of $1.34 per share, with EPS estimates ranging from $0.98 to $2.11. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow CF Industries.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. CF Industries had a net margin of 10.33% and a return on equity of 8.34%. The firm had revenue of $971.00 million during the quarter, compared to analyst estimates of $924.90 million. During the same quarter last year, the business earned $0.27 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis.

CF has been the topic of a number of recent research reports. Stifel Nicolaus increased their price target on shares of CF Industries from $30.00 to $32.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Sanford C. Bernstein upgraded shares of CF Industries from an “underperform” rating to a “market perform” rating and set a $35.00 price target on the stock in a report on Monday, March 2nd. TheStreet cut shares of CF Industries from a “b-” rating to a “c+” rating in a report on Wednesday, March 18th. Bank of America cut shares of CF Industries from a “buy” rating to an “underperform” rating in a report on Monday, May 11th. Finally, UBS Group cut their price target on shares of CF Industries from $55.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $44.33.

CF traded up $0.45 on Thursday, reaching $28.00. The company had a trading volume of 58,554 shares, compared to its average volume of 2,371,575. The business has a 50 day simple moving average of $28.97 and a 200 day simple moving average of $34.64. The company has a market cap of $5.87 billion, a price-to-earnings ratio of 12.93, a P/E/G ratio of 3.64 and a beta of 1.09. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.89 and a current ratio of 1.20. CF Industries has a 52-week low of $19.73 and a 52-week high of $55.15.

In other CF Industries news, Director David P. Hopkins sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $29.37, for a total transaction of $58,740.00. Following the completion of the transaction, the director now owns 17,200 shares of the company’s stock, valued at $505,164. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.00% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Skandinaviska Enskilda Banken AB publ raised its position in shares of CF Industries by 27.2% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 36,952 shares of the basic materials company’s stock worth $1,005,000 after purchasing an additional 7,895 shares during the last quarter. Optimal Asset Management Inc. raised its position in shares of CF Industries by 32.8% in the 1st quarter. Optimal Asset Management Inc. now owns 68,089 shares of the basic materials company’s stock worth $1,852,000 after purchasing an additional 16,811 shares during the last quarter. 1832 Asset Management L.P. purchased a new position in shares of CF Industries in the 1st quarter worth about $11,459,000. The Manufacturers Life Insurance Company raised its position in shares of CF Industries by 15.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 236,255 shares of the basic materials company’s stock worth $6,426,000 after purchasing an additional 31,585 shares during the last quarter. Finally, Patton Albertson Miller Group LLC raised its position in shares of CF Industries by 38.8% in the 1st quarter. Patton Albertson Miller Group LLC now owns 40,103 shares of the basic materials company’s stock worth $1,091,000 after purchasing an additional 11,219 shares during the last quarter. 92.45% of the stock is owned by institutional investors and hedge funds.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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