CF Industries (NYSE:CF) Price Target Cut to $105.00

CF Industries (NYSE:CFGet Rating) had its price target decreased by research analysts at Mizuho from $113.00 to $105.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. Mizuho’s price target suggests a potential upside of 20.81% from the stock’s previous close.

CF has been the subject of a number of other research reports. UBS Group reduced their price target on CF Industries from $125.00 to $119.00 and set a “buy” rating for the company in a report on Wednesday. Royal Bank of Canada raised CF Industries from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $110.00 to $135.00 in a report on Monday, October 3rd. StockNews.com started coverage on CF Industries in a report on Wednesday, October 12th. They issued a “buy” rating for the company. Credit Suisse Group reissued an “underperform” rating on shares of CF Industries in a report on Monday, January 9th. Finally, Citigroup increased their target price on CF Industries from $117.00 to $120.00 in a report on Tuesday, October 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.

CF Industries Stock Performance

NYSE CF opened at $86.91 on Thursday. The stock has a market cap of $17.05 billion, a price-to-earnings ratio of 5.70, a price-to-earnings-growth ratio of 0.93 and a beta of 1.06. The business has a fifty day moving average of $96.68 and a 200-day moving average of $98.16. CF Industries has a fifty-two week low of $63.10 and a fifty-two week high of $119.60. The company has a quick ratio of 2.30, a current ratio of 2.66 and a debt-to-equity ratio of 0.42.

CF Industries (NYSE:CFGet Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The basic materials company reported $2.55 EPS for the quarter, missing the consensus estimate of $3.19 by ($0.64). The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.30 billion. CF Industries had a return on equity of 50.92% and a net margin of 28.70%. As a group, analysts predict that CF Industries will post 15.95 earnings per share for the current fiscal year.

Institutional Trading of CF Industries

Several large investors have recently added to or reduced their stakes in CF. Lindbrook Capital LLC increased its position in CF Industries by 555.1% in the 2nd quarter. Lindbrook Capital LLC now owns 321 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 272 shares during the period. Carolinas Wealth Consulting LLC boosted its stake in CF Industries by 48.3% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 341 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 111 shares in the last quarter. Guardian Wealth Advisors LLC bought a new stake in shares of CF Industries during the 3rd quarter worth $32,000. Evoke Wealth LLC boosted its stake in shares of CF Industries by 2,600.0% during the 2nd quarter. Evoke Wealth LLC now owns 405 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 390 shares in the last quarter. Finally, Mizuho Securities Co. Ltd. boosted its stake in shares of CF Industries by 24.4% during the 3rd quarter. Mizuho Securities Co. Ltd. now owns 510 shares of the basic materials company’s stock worth $36,000 after acquiring an additional 100 shares in the last quarter. 92.94% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

Analyst Recommendations for CF Industries (NYSE:CF)

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