CF Industries Holdings Receives Average Rating of “Buy” from Brokerages (NYSE:CF)
Shares of CF Industries Holdings (NYSE:CF) have received a consensus rating of “Buy” from the nineteen analysts that are covering the company, AnalystRatingsNetwork.com reports. Eight investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $254.93.
Shares of CF Industries Holdings (NYSE:CF) opened at 252.41 on Tuesday. CF Industries Holdings has a 52-week low of $185.63 and a 52-week high of $267.76. The stock has a 50-day moving average of $247.9 and a 200-day moving average of $245.. The company has a market cap of $12.537 billion and a P/E ratio of 8.63.
CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $6.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $6.71 by $0.61. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $8.38 earnings per share. CF Industries Holdings’s revenue was down 14.1% compared to the same quarter last year. Analysts expect that CF Industries Holdings will post $19.70 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Monday, August 18th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Thursday, August 14th. This is an increase from CF Industries Holdings’s previous quarterly dividend of $1.00.
CF has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of CF Industries Holdings in a research note on Wednesday. They now have a $260.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CF Industries Holdings in a research note on Monday, August 11th. They now have a $256.00 price target on the stock, down previously from $262.00. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of CF Industries Holdings in a research note on Monday, August 11th. They now have a $271.00 price target on the stock, up previously from $269.00.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
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