In yesterday’s Wall Street session, CF Industries Holdings Inc. (NYSE:CF) shares traded at $80.55, up 1.91% from the previous session.
20 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 $105.00 and a low of $65.00, we find $80.00. Given the previous closing price of $79.04, this indicates a potential upside of 1.21 percent. CF stock price is now 16.74% away from the 50-day moving average and -3.65% away from the 200-day moving average. The market capitalization of the company currently stands at $15.70B.
The stock has received a hold rating from 11 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $83.00 as their price target over the next twelve months.
With the price target reduced from $110 to $80, Piper Sandler Downgraded its rating from Overweight to Neutral for CF Industries Holdings Inc. (NYSE: CF).
In other news, Frost Bert A, Sr VP Sales Mkt Dev Supply Chn sold 15,000 shares of the company’s stock on May 31. The stock was sold for $914,880 at an average price of $60.99. Upon completion of the transaction, the Sr VP Sales Mkt Dev Supply Chn now directly owns 47,539 shares in the company, valued at $3.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30, Sr.VP Gen. Counsel & Secretary Barnard Douglas C sold 17,000 shares of the business’s stock. A total of $1,041,743 was realized by selling the stock at an average price of $61.28. This leaves the insider owning 24,789 shares of the company worth $2.0 million. Insiders disposed of 420,774 shares of company stock worth roughly $33.89 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 $29,481,000. TORQ CAPITAL MANAGEMENT (HK) LTD invested $26,718,000 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 $14,096,000. CLEAR SKY ADVISERS, LLC acquired a new stake in CF for approximately $8,442,000. HITE HEDGE ASSET MANAGEMENT LLC purchased a new stake in CF valued at around $8,292,000 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 $79.91. During the past 12 months, CF Industries Holdings Inc. has had a low of $60.08 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 $69.26 and a two-hundred day moving average price translates $83.48 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 $1.83B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 08/31/2023. Investors who held shares on 08/15/2023 were paid a $0.40 dividend. On an annualized basis, this represents a $1.60 dividend and a 1.99% percent yield. There was an ex-dividend date of 08/14/2023 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.
