Analysts Anticipate CF Industries Holdings, Inc. (NYSE:CF) to Post $4.21 Earnings Per Share

Wall Street brokerages expect CF Industries Holdings, Inc. (NYSE:CFGet Rating) to post earnings per share of $4.21 for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for CF Industries’ earnings, with the highest EPS estimate coming in at $4.89 and the lowest estimate coming in at $3.65. CF Industries reported earnings of $0.70 per share in the same quarter last year, which would indicate a positive year over year growth rate of 501.4%. The firm is expected to report its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that CF Industries will report full year earnings of $16.58 per share for the current financial year, with EPS estimates ranging from $13.70 to $20.14. For the next financial year, analysts anticipate that the company will post earnings of $10.83 per share, with EPS estimates ranging from $6.74 to $15.15. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for CF Industries.

CF Industries (NYSE:CFGet Rating) last released its quarterly earnings results on Tuesday, February 15th. The basic materials company reported $3.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.41 by $0.30. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.59 billion. CF Industries had a return on equity of 24.09% and a net margin of 14.03%. During the same period last year, the business posted $0.40 EPS.

A number of brokerages recently commented on CF. Berenberg Bank cut CF Industries from a “buy” rating to a “hold” rating and raised their target price for the stock from $70.00 to $77.00 in a report on Thursday, January 13th. Barclays raised their target price on CF Industries from $68.00 to $83.00 in a report on Thursday, February 17th. Stifel Nicolaus raised their target price on CF Industries from $68.00 to $78.00 and gave the stock a “hold” rating in a report on Tuesday, March 1st. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating and set a $78.00 target price on the stock. in a report on Wednesday, February 2nd. Finally, JPMorgan Chase & Co. cut CF Industries from an “overweight” rating to a “neutral” rating and raised their price target for the company from $70.00 to $75.00 in a report on Thursday, February 17th. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $88.84.

Shares of CF stock traded down $0.60 on Friday, reaching $108.41. The stock had a trading volume of 3,082,791 shares, compared to its average volume of 4,155,221. CF Industries has a 1 year low of $43.19 and a 1 year high of $113.49. The company has a 50 day simple moving average of $91.97 and a 200 day simple moving average of $74.02. The stock has a market cap of $22.67 billion, a P/E ratio of 25.51, a price-to-earnings-growth ratio of 1.09 and a beta of 1.03. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.53 and a current ratio of 1.81.

The company also recently announced a quarterly dividend, which was paid on Monday, February 28th. Investors of record on Tuesday, February 15th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, February 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.11%. CF Industries’s dividend payout ratio is currently 28.24%.

In related news, VP Richard A. Hoker sold 4,085 shares of the firm’s stock in a transaction on Monday, March 14th. The stock was sold at an average price of $93.93, for a total value of $383,704.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Ashraf K. Malik sold 5,033 shares of the firm’s stock in a transaction on Friday, March 11th. The stock was sold at an average price of $97.32, for a total value of $489,811.56. The disclosure for this sale can be found here. Insiders sold 1,360,353 shares of company stock worth $109,647,792 over the last quarter. 2.00% of the stock is owned by company insiders.

Several institutional investors have recently made changes to their positions in CF. Catalyst Capital Advisors LLC grew its stake in CF Industries by 64.3% in the fourth quarter. Catalyst Capital Advisors LLC now owns 363 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 142 shares during the last quarter. Total Clarity Wealth Management Inc. acquired a new stake in CF Industries in the third quarter worth about $28,000. Signaturefd LLC lifted its holdings in shares of CF Industries by 121.1% during the fourth quarter. Signaturefd LLC now owns 398 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 218 shares during the period. Lenox Wealth Advisors LLC acquired a new stake in shares of CF Industries during the fourth quarter worth about $35,000. Finally, CarsonAllaria Wealth Management Ltd. purchased a new position in shares of CF Industries during the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 91.66% of the company’s stock.

CF Industries Company Profile (Get Rating)

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Earnings History and Estimates for CF Industries (NYSE:CF)

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