CF Industries Holdings, Inc. (NYSE:CF) Receives $39.21 Average PT from Analysts

CF Industries Holdings, Inc. (NYSE:CF) has earned a consensus rating of “Hold” from the nineteen analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $39.21.

A number of equities research analysts have issued reports on the stock. Credit Suisse Group lowered their target price on shares of CF Industries from $40.00 to $37.00 and set an “outperform” rating on the stock in a report on Friday, November 6th. Royal Bank of Canada boosted their target price on shares of CF Industries from $30.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, December 15th. Stephens upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $39.00 to $44.00 in a research report on Monday, November 23rd. UBS Group reduced their price target on shares of CF Industries from $38.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, November 5th. Finally, Morgan Stanley boosted their price target on shares of CF Industries from $32.00 to $38.00 and gave the company an “equal weight” rating in a research report on Monday, December 14th.

Shares of CF stock opened at $38.71 on Wednesday. The company’s fifty day simple moving average is $36.72 and its two-hundred day simple moving average is $32.22. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.72 and a quick ratio of 1.28. CF Industries has a 1 year low of $19.73 and a 1 year high of $48.19. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 5.43 and a beta of 1.30.

CF Industries (NYSE:CF) last issued its earnings results on Monday, November 9th. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.20). CF Industries had a net margin of 7.00% and a return on equity of 5.14%. The business had revenue of $847.00 million for the quarter, compared to the consensus estimate of $872.61 million. During the same period in the previous year, the firm earned $0.29 EPS. The company’s revenue was down 18.4% compared to the same quarter last year. Equities research analysts anticipate that CF Industries will post 1.16 EPS for the current year.

In related news, Director Celso L. White bought 815 shares of the business’s stock in a transaction that occurred on Tuesday, November 24th. The stock was bought at an average cost of $38.03 per share, for a total transaction of $30,994.45. Following the completion of the transaction, the director now owns 11,191 shares of the company’s stock, valued at $425,593.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the business. TD Asset Management Inc. lifted its holdings in CF Industries by 85.6% during the 3rd quarter. TD Asset Management Inc. now owns 172,259 shares of the basic materials company’s stock worth $5,290,000 after buying an additional 79,457 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new stake in shares of CF Industries in the 3rd quarter valued at $252,000. Bank of America Corp DE raised its holdings in shares of CF Industries by 99.4% in the 2nd quarter. Bank of America Corp DE now owns 1,422,114 shares of the basic materials company’s stock valued at $40,017,000 after purchasing an additional 708,962 shares in the last quarter. Optimum Investment Advisors acquired a new stake in shares of CF Industries in the 3rd quarter valued at $39,000. Finally, Dupont Capital Management Corp raised its holdings in shares of CF Industries by 19.8% in the 3rd quarter. Dupont Capital Management Corp now owns 63,869 shares of the basic materials company’s stock valued at $1,961,000 after purchasing an additional 10,552 shares in the last quarter. 88.86% of the stock is owned by institutional investors and hedge funds.

About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include anhydrous 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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Analyst Recommendations for CF Industries (NYSE:CF)

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