CF Industries Holdings, Inc. (NYSE:CF) Stock Rated “Hold” by Wall Street Brokerages

Shares of CF Industries Holdings, Inc. (NYSE:CF) have received a consensus rating of “Hold” from the twenty-three brokerages that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, six 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 ratings on the stock in the last year is $121.11.

Several research firms recently weighed in on CF. Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. BNP Paribas Exane decreased their target price on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday, June 15th. UBS Group upped their price target on CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Scotiabank raised their price objective on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada cut their price target on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a report on Friday, July 17th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CF. Himension Capital Singapore PTE. LTD. acquired a new position in CF Industries in the first quarter valued at approximately $25,000. Virtus Advisers LLC bought a new stake in CF Industries during the 2nd quarter worth approximately $25,000. Continuum Advisory LLC acquired a new stake in shares of CF Industries during the second quarter worth $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of CF Industries in the 2nd quarter valued at about $29,000. Finally, Altshuler Shaham Ltd raised its position in CF Industries by 36.6% in the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after buying an additional 112 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

NYSE CF opened at $116.09 on Wednesday. The stock’s 50-day moving average is $124.39 and its two-hundred day moving average is $120.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. CF Industries has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The firm has a market cap of $17.57 billion, a P/E ratio of 8.61, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same quarter last year, the firm posted $2.37 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. On average, analysts anticipate that CF Industries will post 13.9 earnings per share for the current fiscal year.

CF Industries Company Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.