CF Industries - CF Stock Forecast, Price & News

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.

CF Industries Stock Down 0.4 %

CF Stock traded down $0.37 on Friday, hitting $102.00. 15,124 shares of the company's stock were exchanged, compared to its average volume of 2,070,198. CF Industries has a 12-month low of $43.19 and a 12-month high of $113.49. The firm has a 50 day moving average price of $90.95 and a two-hundred day moving average price of $92.74. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.95 and a current ratio of 3.41. The stock has a market cap of $20.32 billion, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 0.89 and a beta of 1.06.

CF Industries (NYSE:CF - Get Rating) last announced its earnings results on Monday, August 1st. The basic materials company reported $6.19 earnings per share for the quarter, missing the consensus estimate of $6.23 by ($0.04). CF Industries had a return on equity of 49.10% and a net margin of 25.28%. The business had revenue of $3.39 billion for the quarter, compared to analysts' expectations of $3.50 billion. During the same quarter last year, the firm earned $1.14 earnings per share. The firm's quarterly revenue was up 113.4% compared to the same quarter last year. As a group, equities research analysts expect that CF Industries will post 19.51 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, August 12th. This represents a $1.60 annualized dividend and a yield of 1.57%. CF Industries's payout ratio is presently 13.11%.

Wall Street Analyst Weigh In

CF has been the topic of several recent analyst reports. UBS Group increased their price target on CF Industries from $105.00 to $108.00 and gave the stock a "buy" rating in a report on Tuesday, August 2nd. Barclays upgraded CF Industries from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $103.00 to $120.00 in a report on Wednesday, August 10th. Credit Suisse Group raised their price objective on CF Industries from $73.00 to $78.00 and gave the stock an "underperform" rating in a report on Tuesday, August 2nd. Mizuho raised their price objective on CF Industries from $81.00 to $120.00 in a report on Friday, April 29th. Finally, Royal Bank of Canada raised their price objective on CF Industries from $100.00 to $110.00 and gave the stock a "sector perform" rating in a report on Thursday, July 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $97.84.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Richard A. Hoker sold 6,684 shares of the business's stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $94.90, for a total transaction of $634,311.60. Following the sale, the vice president now owns 45,243 shares in the company, valued at approximately $4,293,560.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.42% of the company's stock.