Analysts predict that CF Industries Holdings, Inc. (NYSE:CF) will post $1.09 billion in sales for the current quarter, Zacks reports. Two analysts have issued estimates for CF Industries Holdings’ earnings, with estimates ranging from $1.08 billion to $1.09 billion. CF Industries Holdings posted sales of $1.13 billion during the same quarter last year, which suggests a negative year over year growth rate of 3.5%. The company is expected to report its next earnings results on Wednesday, August 2nd.

According to Zacks, analysts expect that CF Industries Holdings will report full-year sales of $1.09 billion for the current year, with estimates ranging from $3.97 billion to $4.25 billion. For the next financial year, analysts expect that the firm will post sales of $4.28 billion per share, with estimates ranging from $4.15 billion to $4.46 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for CF Industries Holdings.

CF Industries Holdings (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.04. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $988.56 million. CF Industries Holdings had a negative net margin of 8.77% and a positive return on equity of 0.41%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS.

Several brokerages recently weighed in on CF. Royal Bank of Canada set a $25.00 price objective on shares of CF Industries Holdings and gave the stock a “sell” rating in a research note on Saturday, June 10th. BidaskClub raised shares of CF Industries Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. BMO Capital Markets set a $35.00 price objective on shares of CF Industries Holdings and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Credit Suisse Group set a $31.00 price objective on shares of CF Industries Holdings and gave the stock a “buy” rating in a research note on Sunday, May 28th. Finally, Barclays PLC reissued an “equal weight” rating and issued a $31.00 price objective (down previously from $32.00) on shares of CF Industries Holdings in a research note on Sunday, May 28th. Four research analysts have rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. CF Industries Holdings presently has a consensus rating of “Hold” and a consensus target price of $31.92.

CF Industries Holdings (NYSE:CF) traded up 1.05% on Friday, hitting $27.03. The stock had a trading volume of 883,162 shares. The company’s 50 day moving average is $27.34 and its 200-day moving average is $30.17. The firm’s market capitalization is $6.30 billion. CF Industries Holdings has a 1-year low of $20.77 and a 1-year high of $37.17.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, May 11th. This represents a $1.20 annualized dividend and a dividend yield of 4.49%. CF Industries Holdings’s dividend payout ratio is currently -85.71%.

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Several institutional investors have recently made changes to their positions in CF. Tredje AP fonden raised its position in shares of CF Industries Holdings by 9.1% in the fourth quarter. Tredje AP fonden now owns 41,389 shares of the basic materials company’s stock valued at $1,303,000 after buying an additional 3,439 shares in the last quarter. Robertson Opportunity Capital LLC bought a new position in shares of CF Industries Holdings during the fourth quarter valued at $2,046,000. B & T Capital Management DBA Alpha Capital Management raised its position in shares of CF Industries Holdings by 12.5% in the fourth quarter. B & T Capital Management DBA Alpha Capital Management now owns 112,968 shares of the basic materials company’s stock valued at $3,556,000 after buying an additional 12,591 shares in the last quarter. Millrace Asset Group Inc. bought a new position in shares of CF Industries Holdings during the fourth quarter valued at $1,637,000. Finally, Paragon Associates & Paragon Associates II Joint Venture raised its position in shares of CF Industries Holdings by 66.7% in the fourth quarter. Paragon Associates & Paragon Associates II Joint Venture now owns 100,000 shares of the basic materials company’s stock valued at $3,148,000 after buying an additional 40,000 shares in the last quarter. Hedge funds and other institutional investors own 99.74% of the company’s stock.

About CF Industries Holdings

CF Industries Holdings, Inc manufactures and distributes 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 the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

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