Recent Analysts’ Ratings Updates for CF Industries (CF)

Several analysts have recently updated their ratings and price targets for CF Industries (NYSE: CF):

  • 1/14/2019 – CF Industries was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating. They now have a $44.40 price target on the stock.
  • 1/11/2019 – CF Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CF Industries is well placed to benefit from higher nitrogen demand in major markets. Higher nitrogen prices are also likely to continue supporting its sales and margins. Further, the company is expected to gain from its efforts to boost production capacity. Moreover, it is enjoying the benefits of ample natural gas supply. However, higher number of plant turnarounds may hurt its production volume. CF Industries also has a debt-laden balance sheet. Moreover, it is exposed to challenging agriculture market fundamentals. CF Industries has also underperformed the industry it belongs to over the past three months.”
  • 1/10/2019 – CF Industries had its price target lowered by analysts at Royal Bank of Canada from $50.00 to $45.00. They now have a “sector perform” rating on the stock.
  • 1/8/2019 – CF Industries had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $55.00 price target on the stock.
  • 1/7/2019 – CF Industries had its price target lowered by analysts at Citigroup Inc from $60.00 to $51.00. They now have a “buy” rating on the stock.
  • 1/3/2019 – CF Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $48.00 price target on the stock. According to Zacks, “CF Industries is well placed to benefit from higher nitrogen demand in major markets in 2018. Higher nitrogen prices are also likely to continue supporting its sales and margins. Further, the company is expected to gain from its efforts to boost production capacity. Moreover, it is enjoying the benefits of ample natural gas supply.”
  • 12/31/2018 – CF Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CF Industries is well placed to benefit from higher nitrogen demand in major markets in 2018. Higher nitrogen prices are also likely to continue supporting its sales and margins. Further, the company is expected to gain from its efforts to boost production capacity. Moreover, it is enjoying the benefits of ample natural gas supply. However, higher number of plant turnarounds may hurt the company's production volume. CF Industries also has a debt-laden balance sheet. Moreover, it is exposed to challenging agriculture market fundamentals. The company has also underperformed the industry it belongs to over the past three months.”
  • 12/21/2018 – CF Industries was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/19/2018 – CF Industries was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating.
  • 11/15/2018 – CF Industries was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.

NYSE:CF traded down $0.81 on Monday, reaching $43.59. The stock had a trading volume of 28,842 shares, compared to its average volume of 2,709,250. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 1.69. The stock has a market cap of $10.39 billion, a P/E ratio of -174.36, a PEG ratio of 2.84 and a beta of 0.83. CF Industries Holdings, Inc. has a 12-month low of $35.70 and a 12-month high of $56.51.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, October 31st. The basic materials company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $993.94 million. CF Industries had a net margin of 16.06% and a return on equity of 3.69%. The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.39) earnings per share. As a group, equities analysts expect that CF Industries Holdings, Inc. will post 1.5 earnings per share for the current year.

In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $52.45, for a total value of $183,575.00. Following the completion of the transaction, the director now directly owns 50,190 shares of the company’s stock, valued at approximately $2,632,465.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Huntington National Bank acquired a new stake in shares of CF Industries in the 3rd quarter valued at about $112,000. Almanack Investment Partners LLC. acquired a new stake in CF Industries during the third quarter worth about $145,000. First Mercantile Trust Co. acquired a new stake in CF Industries during the third quarter worth about $160,000. Belpointe Asset Management LLC acquired a new stake in CF Industries during the third quarter worth about $179,000. Finally, Cerebellum GP LLC acquired a new stake in CF Industries during the third quarter worth about $195,000. Institutional investors and hedge funds own 95.72% of the company’s stock.

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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