CF Industries Holdings, Inc. (NYSE:CF) Stock Has Average Target Price of $121.11

CF Industries Holdings, Inc. (NYSE:CF) has been given a consensus rating of “Hold” by the twenty-three research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, six have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $121.11.

CF has been the subject of several analyst reports. Sanford C. Bernstein started coverage on CF Industries in a report on Friday, September 25th. They set an “outperform” rating and a $162.00 target price for the company. UBS Group lifted their price target on CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Rothschild & Co Redburn upgraded CF Industries from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $98.00 to $110.00 in a research report on Monday. BMO Capital Markets dropped their price objective on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Finally, Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th.

Institutional Investors Weigh In On CF Industries

A number of large investors have recently added to or reduced their stakes in the company. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries during the first quarter valued at about $25,000. Virtus Advisers LLC bought a new stake in shares of CF Industries in the second quarter worth about $25,000. Continuum Advisory LLC purchased a new position in CF Industries during the 2nd quarter valued at about $28,000. Keating Financial Advisory Services Inc. purchased a new position in CF Industries during the 2nd quarter valued at about $29,000. Finally, Hantz Financial Services Inc. raised its position in CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 156 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

CF Industries stock opened at $115.04 on Wednesday. The firm has a fifty day simple moving average of $124.60 and a two-hundred day simple moving average of $121.03. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. CF Industries has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a market capitalization of $17.41 billion, a PE ratio of 8.53, a P/E/G ratio of 0.22 and a beta of 0.53.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business posted $2.37 earnings per share. Research analysts expect that CF Industries will post 13.9 EPS for the current year.

CF Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 14th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

CF Industries Company Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.