Research Analysts’ Weekly Ratings Changes for CF Industries (CF)

CF Industries (NYSE: CF) has recently received a number of price target changes and ratings updates:

• 1/24/2023 – CF Industries had its price target lowered by analysts at UBS Group AG from $119.00 to $104.00. They now have a “buy” rating on the stock.
• 1/20/2023 – CF Industries had its price target lowered by analysts at Citigroup Inc. from $126.00 to $100.00. They now have a “buy” rating on the stock.
• 1/18/2023 – CF Industries is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $110.00 price target on the stock.
• 1/12/2023 – CF Industries had its price target lowered by analysts at Mizuho from $113.00 to $105.00. They now have a “neutral” rating on the stock.
• 1/11/2023 – CF Industries had its price target lowered by analysts at UBS Group AG from $125.00 to $119.00. They now have a “buy” rating on the stock.
• 1/9/2023 – CF Industries had its “underperform” rating reaffirmed by analysts at Credit Suisse Group AG.

CF Industries Stock Down 1.4 %

Shares of CF Industries stock traded down $1.23 during trading on Wednesday, reaching $83.71. 762,590 shares of the company traded hands, compared to its average volume of 2,973,987. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.66 and a quick ratio of 2.30. CF Industries Holdings, Inc. has a 1-year low of $66.81 and a 1-year high of $119.60. The company has a 50 day moving average price of $93.80 and a 200-day moving average price of $98.36. The firm has a market capitalization of $16.42 billion, a PE ratio of 5.49, a P/E/G ratio of 1.04 and a beta of 1.06.

CF Industries (NYSE:CF – Get Rating) last released its earnings results on Wednesday, November 2nd. The basic materials company reported $2.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.64). CF Industries had a net margin of 28.70% and a return on equity of 50.92%. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.30 billion. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 15.95 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in CF Industries by 17.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 72,998 shares of the basic materials company’s stock worth $6,258,000 after buying an additional 10,910 shares during the last quarter. Balasa Dinverno & Foltz LLC raised its holdings in CF Industries by 94.0% during the third quarter. Balasa Dinverno & Foltz LLC now owns 9,988 shares of the basic materials company’s stock worth $961,000 after buying an additional 4,839 shares during the last quarter. Ieq Capital LLC raised its holdings in shares of CF Industries by 11.8% in the second quarter. Ieq Capital LLC now owns 3,880 shares of the basic materials company’s stock valued at $333,000 after purchasing an additional 409 shares during the last quarter. Jennison Associates LLC purchased a new stake in shares of CF Industries in the second quarter valued at about $605,000. Finally, CIBC Asset Management Inc raised its holdings in shares of CF Industries by 5.8% in the third quarter. CIBC Asset Management Inc now owns 27,211 shares of the basic materials company’s stock valued at $2,619,000 after purchasing an additional 1,485 shares during the last quarter. Institutional investors and hedge funds own 92.94% of the company’s stock.

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.