CF Industries Holdings, Inc. (NYSE:CF) has been assigned an average recommendation of “Hold” from the sixteen ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $49.79.
Several analysts recently issued reports on the company. Cowen reiterated an “outperform” rating and set a $54.00 target price (down previously from $56.00) on shares of CF Industries in a report on Wednesday. ValuEngine lowered CF Industries from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th. Bank of America lowered CF Industries from a “buy” rating to an “underperform” rating and dropped their target price for the stock from $50.00 to $38.00 in a report on Thursday, April 18th. Barclays reiterated a “neutral” rating on shares of CF Industries in a report on Friday, February 15th. Finally, Citigroup dropped their target price on CF Industries from $51.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, February 19th.
Shares of CF Industries stock traded down $0.28 during trading on Friday, reaching $42.47. The stock had a trading volume of 1,671,125 shares, compared to its average volume of 2,677,331. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 3.52 and a beta of 0.75. CF Industries has a 52 week low of $38.90 and a 52 week high of $56.51. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.71 and a quick ratio of 1.17.
CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.01 billion. CF Industries had a net margin of 7.09% and a return on equity of 4.81%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share. On average, equities analysts expect that CF Industries will post 1.99 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.20 annualized dividend and a yield of 2.83%. CF Industries’s dividend payout ratio is 96.77%.
In other CF Industries news, Director Stephen A. Furbacher sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $42.01, for a total value of $126,030.00. Following the sale, the director now owns 47,190 shares in the company, valued at $1,982,451.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is owned by corporate insiders.
A number of large investors have recently added to or reduced their stakes in CF. Cleararc Capital Inc. acquired a new stake in shares of CF Industries in the 1st quarter valued at $221,000. Redwood Investment Management LLC acquired a new stake in shares of CF Industries in the 1st quarter valued at $264,000. CWM Advisors LLC boosted its holdings in shares of CF Industries by 75.2% in the 1st quarter. CWM Advisors LLC now owns 11,488 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 4,931 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new stake in shares of CF Industries in the 1st quarter valued at $422,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of CF Industries by 9.7% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,284 shares of the basic materials company’s stock valued at $302,000 after purchasing an additional 644 shares in the last quarter. Hedge funds and other institutional investors own 96.01% of the company’s stock.
About CF Industries
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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