CF Industries Holdings, Inc. (NYSE:CF) Given Average Rating of “Hold” by Brokerages

CF Industries Holdings, Inc. (NYSE:CF) has received a consensus recommendation of “Hold” from the nineteen analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $92.6250.

Several equities research analysts have commented on CF shares. CIBC began coverage on shares of CF Industries in a research report on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 target price on the stock. The Goldman Sachs Group reduced their price objective on shares of CF Industries from $94.00 to $90.00 and set a “neutral” rating for the company in a research note on Tuesday, December 16th. Royal Bank Of Canada upped their target price on shares of CF Industries from $90.00 to $95.00 and gave the stock a “sector perform” rating in a research report on Tuesday. UBS Group dropped their target price on shares of CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, HSBC decreased their price target on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research note on Monday, November 24th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in shares of CF Industries in the 4th quarter worth about $299,000. Bank Pictet & Cie Europe AG increased its holdings in CF Industries by 6.3% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 16,033 shares of the basic materials company’s stock valued at $1,240,000 after acquiring an additional 953 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in CF Industries during the fourth quarter worth about $300,000. Nisa Investment Advisors LLC lifted its holdings in shares of CF Industries by 4.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 41,688 shares of the basic materials company’s stock valued at $3,224,000 after purchasing an additional 1,823 shares in the last quarter. Finally, Foster & Motley Inc. grew its position in shares of CF Industries by 7.8% in the fourth quarter. Foster & Motley Inc. now owns 41,650 shares of the basic materials company’s stock valued at $3,221,000 after purchasing an additional 3,008 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

NYSE CF opened at $89.16 on Friday. The stock has a market capitalization of $13.91 billion, a price-to-earnings ratio of 10.74 and a beta of 0.69. The business’s 50 day moving average is $80.14 and its two-hundred day moving average is $85.18. CF Industries has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business earned $1.55 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. Research analysts expect that CF Industries will post 5.83 EPS for the current year.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.