Analysts Set CF Industries Holdings, Inc. (NYSE:CF) PT at $119.63

CF Industries Holdings, Inc. (NYSE:CF) has been given an average recommendation of “Hold” by the twenty research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $118.50.

CF has been the topic of several research analyst reports. UBS Group decreased their target price on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. BMO Capital Markets raised their target price on shares of CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Wall Street Zen raised shares of CF Industries from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. HSBC decreased their target price on shares of CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Finally, Bank of America raised their target price on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th.

CF Industries Stock Performance

Shares of NYSE CF opened at $105.73 on Monday. The company has a market cap of $16.24 billion, a PE ratio of 9.50 and a beta of 0.38. CF Industries has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The company has a 50-day simple moving average of $116.39 and a 200-day simple moving average of $105.65.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the company earned $1.85 earnings per share. The company’s quarterly revenue was up 19.4% on a year-over-year basis. On average, equities analysts anticipate that CF Industries will post 15.6 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Himension Capital Singapore PTE. LTD. acquired a new position in shares of CF Industries during the first quarter worth $25,000. Hantz Financial Services Inc. lifted its position in shares of CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares in the last quarter. Stance Capital LLC acquired a new position in shares of CF Industries during the third quarter worth $42,000. Eagle Bay Advisors LLC acquired a new position in shares of CF Industries during the fourth quarter worth $43,000. Finally, WPG Advisers LLC increased its stake in shares of CF Industries by 69.8% in the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after buying an additional 227 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.