A number of other equities research analysts have also issued reports on the company. Bank of America lowered CF Industries from a “buy” rating to an “underperform” rating and cut their target price for the stock from $50.00 to $38.00 in a research report on Thursday, April 18th. Berenberg Bank set a $43.00 target price on CF Industries and gave the stock a “hold” rating in a research report on Tuesday, March 26th. Citigroup cut their target price on CF Industries from $51.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, February 19th. BMO Capital Markets reaffirmed a “buy” rating and set a $55.00 target price on shares of CF Industries in a research report on Tuesday, January 8th. Finally, Zacks Investment Research lowered CF Industries from a “buy” rating to a “hold” rating in a research report on Monday, December 31st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $50.45.
CF opened at $44.95 on Tuesday. CF Industries has a one year low of $37.02 and a one year high of $56.51. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.37 and a current ratio of 1.81. The firm has a market capitalization of $10.06 billion, a PE ratio of 36.25, a PEG ratio of 3.54 and a beta of 0.71.
CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 13th. The basic materials company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.30). CF Industries had a return on equity of 4.66% and a net margin of 6.55%. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm posted ($0.02) EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. On average, research analysts forecast that CF Industries will post 2.13 EPS for the current year.
Several hedge funds have recently modified their holdings of CF. Oregon Public Employees Retirement Fund grew its holdings in shares of CF Industries by 4,197.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,101,238 shares of the basic materials company’s stock valued at $25,000 after buying an additional 1,075,614 shares in the last quarter. CSat Investment Advisory L.P. grew its holdings in shares of CF Industries by 81.3% during the fourth quarter. CSat Investment Advisory L.P. now owns 620 shares of the basic materials company’s stock valued at $27,000 after buying an additional 278 shares in the last quarter. Ffcm LLC grew its holdings in shares of CF Industries by 49.4% during the fourth quarter. Ffcm LLC now owns 762 shares of the basic materials company’s stock valued at $33,000 after buying an additional 252 shares in the last quarter. Quantamental Technologies LLC purchased a new position in shares of CF Industries during the fourth quarter valued at $34,000. Finally, Lindbrook Capital LLC purchased a new position in shares of CF Industries during the fourth quarter valued at $43,000. Institutional investors and hedge funds own 95.73% of the company’s stock.
About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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