CF Industries Holdings, Inc. (NYSE:CF) Receives $90.38 Consensus Price Target from Analysts

CF Industries Holdings, Inc. (NYSE:CF) has been assigned a consensus rating of “Hold” from the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $92.38.

A number of equities analysts have commented on CF shares. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research report on Wednesday, October 16th. Oppenheimer assumed coverage on shares of CF Industries in a research note on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price objective on the stock. Barclays upped their price objective on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Redburn Atlantic began coverage on CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 price target on the stock. Finally, Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and upped their price target for the stock from $79.00 to $105.00 in a research report on Monday.

CF Industries Stock Up 1.6 %

Shares of NYSE CF opened at $96.52 on Monday. CF Industries has a 12-month low of $69.13 and a 12-month high of $96.78. The stock has a market cap of $16.80 billion, a P/E ratio of 15.27, a PEG ratio of 2.37 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $87.60 and its 200-day simple moving average is $82.43.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. CF Industries’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $0.85 EPS. As a group, equities analysts predict that CF Industries will post 6.32 EPS for the current fiscal year.

Insider Activity

In related news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,889 shares of company stock worth $2,211,425. 0.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CF Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the 3rd quarter valued at $28,000. Brooklyn Investment Group acquired a new position in CF Industries during the third quarter valued at $39,000. Quent Capital LLC boosted its holdings in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares during the period. Kimelman & Baird LLC acquired a new position in shares of CF Industries in the second quarter worth $50,000. Finally, Catalyst Capital Advisors LLC increased its position in CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.