CF Industries (CF) Lifted to “Buy” at ValuEngine

ValuEngine upgraded shares of CF Industries (NYSE:CF) from a hold rating to a buy rating in a research report released on Thursday morning.

A number of other analysts also recently weighed in on CF. Stephens raised shares of CF Industries from an equal weight rating to an overweight rating in a research report on Wednesday, December 19th. Zacks Investment Research downgraded shares of CF Industries from a buy rating to a hold rating in a research report on Monday, December 31st. Citigroup decreased their price target on shares of CF Industries from $60.00 to $51.00 and set a buy rating for the company in a research report on Monday, January 7th. BMO Capital Markets reissued a buy rating and set a $55.00 price target on shares of CF Industries in a research report on Tuesday, January 8th. Finally, Royal Bank of Canada decreased their price target on shares of CF Industries from $50.00 to $45.00 and set a sector perform rating for the company in a research report on Thursday, January 10th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. CF Industries currently has an average rating of Buy and a consensus price target of $51.25.

CF opened at $43.05 on Thursday. The company has a market cap of $9.58 billion, a PE ratio of 34.72, a PEG ratio of 3.20 and a beta of 0.72. CF Industries has a 52-week low of $35.70 and a 52-week 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.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.30). The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.22 billion. CF Industries had a net margin of 6.55% and a return on equity of 4.66%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.02) EPS. Equities research analysts predict that CF Industries will post 2.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Friday, February 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date was Thursday, February 14th. CF Industries’s dividend payout ratio is presently 96.77%.

A number of hedge funds have recently bought and sold shares of CF. Oregon Public Employees Retirement Fund raised its stake 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 purchasing an additional 1,075,614 shares in the last quarter. CSat Investment Advisory L.P. raised its stake 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 purchasing an additional 278 shares in the last quarter. Ffcm LLC raised its stake 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 purchasing an additional 252 shares in the last quarter. Quantamental Technologies LLC bought a new stake in shares of CF Industries during the fourth quarter valued at about $34,000. Finally, Lindbrook Capital LLC bought a new stake in shares of CF Industries during the fourth quarter valued at about $43,000. Institutional investors own 91.71% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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Analyst Recommendations for CF Industries (NYSE:CF)

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