CF Industries Holdings, Inc. (NYSE:CF) Receives $96.54 Average Price Target from Analysts

CF Industries Holdings, Inc. (NYSE:CF) has received an average rating of “Hold” from the seventeen brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, twelve have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $96.3846.

Several research analysts have weighed in on CF shares. Royal Bank Of Canada lowered their target price on shares of CF Industries from $100.00 to $95.00 and set a “sector perform” rating for the company in a research note on Monday. The Goldman Sachs Group decreased their price objective on shares of CF Industries from $96.00 to $94.00 and set a “neutral” rating on the stock in a report on Wednesday, October 22nd. HSBC dropped their target price on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a report on Monday, September 15th. Mizuho cut their target price on CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Finally, Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd.

Institutional Trading of CF Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH acquired a new position in shares of CF Industries during the second quarter worth $26,000. Harbor Capital Advisors Inc. lifted its holdings in CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in shares of CF Industries during the 1st quarter worth about $27,000. TCTC Holdings LLC increased its holdings in shares of CF Industries by 114.1% in the 1st quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 202 shares during the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of CF Industries by 396.2% in the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 309 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Trading Up 1.0%

Shares of CF Industries stock opened at $83.69 on Friday. The stock has a 50 day moving average of $86.17 and a 200 day moving average of $88.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 10.92 and a beta of 0.89. CF Industries has a fifty-two week low of $67.34 and a fifty-two week high of $104.45.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 earnings per share. As a group, research analysts predict that CF Industries will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 24.10%.

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.