In yesterday’s Wall Street session, CF Industries Holdings Inc. (NYSE:CF) shares traded at $67.04, up 1.24% from the previous session.
21 analysts cover CF Industries Holdings Inc. (NYSE:CF), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $110.00 and a low of $65.00, we find $90.00. Given the previous closing price of $66.22, this indicates a potential upside of 35.91 percent. CF stock price is now -6.74% away from the 50-day moving average and -26.00% away from the 200-day moving average. The market capitalization of the company currently stands at $12.97B.
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The stock has received a hold rating from 11 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $88.95 as their price target over the next twelve months.
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In other news, Noonan Anne P, Director sold 3,000 shares of the company’s stock on Aug 26. The stock was sold for $355,920 at an average price of $118.64. Upon completion of the transaction, the Director now directly owns 26,411 shares in the company, valued at $1.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 24, President & CEO Will W Anthony sold 102,520 shares of the business’s stock. A total of $11,293,800 was realized by selling the stock at an average price of $110.16. This leaves the insider owning 322,916 shares of the company worth $21.65 million. Insiders disposed of 432,930 shares of company stock worth roughly $29.02 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CF stock. A new stake in CF Industries Holdings Inc. shares was purchased by POINT72 ASSET MANAGEMENT, L.P. during the first quarter worth $24,536,000. TORQ CAPITAL MANAGEMENT (HK) LTD invested $22,237,000 in shares of CF during the first quarter. In the first quarter, CANDLESTICK CAPITAL MANAGEMENT LP acquired a new stake in CF Industries Holdings Inc. valued at approximately $11,732,000. VONTOBEL HOLDING LTD. acquired a new stake in CF for approximately $8,275,000. CLEAR SKY ADVISERS, LLC purchased a new stake in CF valued at around $7,026,000 in the second quarter. In total, there are 1,137 active investors with 97.00% ownership of the company’s stock.
On Monday morning CF Industries Holdings Inc. (NYSE: CF) stock kicked off with the opening price of $66.49. During the past 12 months, CF Industries Holdings Inc. has had a low of $63.45 and a high of $119.60. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.50, and a quick ratio of 4.00. The fifty day moving average price for CF is $71.65 and a two-hundred day moving average price translates $90.44 for the stock.
The latest earnings results from CF Industries Holdings Inc. (NYSE: CF) was released for Mar, 2023. According to the Agricultural Inputs Company, earnings per share came in at $2.9, beating analysts’ expectations of $2.51 by 0.39. This compares to $5.01 EPS in the same period last year. The net profit margin was 29.30% and return on equity was 61.90% for CF. The company reported revenue of $2.01 billion for the quarter, compared to $2.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -29.85 percent. For the current quarter, analysts expect CF to generate $1.89B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/31/2023. Investors who held shares on 05/15/2023 were paid a $0.40 dividend. On an annualized basis, this represents a $1.60 dividend and a 2.39% percent yield. There was an ex-dividend date of 05/12/2023 for this dividend. In terms of dividend payout ratio, CF is presently at 10.70%.
CF Industries Holdings Inc.(CF) Company Profile
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. It primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users. The company was founded in 1946 and is headquartered in Deerfield, Illinois.