CF Industries Holdings Inc. (CF) Stock Rating Upgraded by Vetr Inc.
CF Industries Holdings Inc. (NYSE:CF) was upgraded by research analysts at Vetr from a “buy” rating to a “strong-buy” rating in a report issued on Monday. The firm currently has a $27.03 price target on the stock. Vetr‘s target price would suggest a potential upside of 12.86% from the company’s current price.
CF has been the topic of a number of other reports. Morgan Stanley reissued a “buy” rating and set a $30.00 price target on shares of CF Industries Holdings in a research note on Thursday, June 16th. BMO Capital Markets raised CF Industries Holdings from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a research note on Friday, July 8th. Credit Suisse Group AG reissued a “buy” rating on shares of CF Industries Holdings in a research note on Friday, August 5th. Royal Bank Of Canada cut their price target on CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 13th. Finally, Barclays PLC cut their price target on CF Industries Holdings from $31.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, August 18th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $32.71.
Shares of CF Industries Holdings (NYSE:CF) opened at 23.95 on Monday. The company has a market capitalization of $5.58 billion, a PE ratio of 29.50 and a beta of 1.62. CF Industries Holdings has a 1-year low of $20.77 and a 1-year high of $54.27. The company’s 50-day moving average price is $24.35 and its 200-day moving average price is $27.21.
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CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.68 by $0.35. CF Industries Holdings had a net margin of 4.55% and a return on equity of 8.04%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the business posted $1.49 earnings per share. The business’s revenue for the quarter was down 13.5% compared to the same quarter last year. On average, equities analysts expect that CF Industries Holdings will post $1.06 earnings per share for the current fiscal year.
In related news, Director Robert C. Arzbaecher purchased 21,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 16th. The stock was acquired at an average price of $23.25 per share, for a total transaction of $502,200.00. Following the completion of the acquisition, the director now owns 88,443 shares of the company’s stock, valued at approximately $2,056,299.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.84% of the company’s stock.
A number of large investors have recently made changes to their positions in the company. Pacer Advisors Inc. increased its stake in shares of CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock valued at $101,000 after buying an additional 301 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of CF Industries Holdings by 778.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,293 shares of the company’s stock valued at $151,000 after buying an additional 5,577 shares during the period. Point72 Asia Hong Kong Ltd increased its stake in shares of CF Industries Holdings by 1,200.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 7,800 shares of the company’s stock valued at $188,000 after buying an additional 7,200 shares during the period. Candriam Luxembourg S.C.A. increased its stake in shares of CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock valued at $221,000 after buying an additional 2,030 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of CF Industries Holdings during the second quarter valued at about $227,000. Institutional investors and hedge funds own 99.09% of the company’s stock.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).
To view Vetr’s full report, visit Vetr’s official website.
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