Analysts forecast that CF Industries Holdings, Inc. (NYSE:CF) will announce earnings per share (EPS) of $0.44 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for CF Industries’ earnings, with estimates ranging from $0.28 to $0.65. CF Industries reported earnings of $0.27 per share in the same quarter last year, which indicates a positive year over year growth rate of 63%. The business is expected to issue its next quarterly earnings report on Wednesday, May 1st.
According to Zacks, analysts expect that CF Industries will report full year earnings of $2.16 per share for the current fiscal year, with EPS estimates ranging from $1.35 to $2.70. For the next financial year, analysts anticipate that the firm will post earnings of $2.69 per share, with EPS estimates ranging from $1.70 to $3.48. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow CF Industries.
CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 13th. The basic materials company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.30). CF Industries had a return on equity of 4.66% and a net margin of 6.55%. The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the company earned ($0.02) earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis.
A number of equities research analysts have issued reports on the company. ValuEngine lowered CF Industries from a “buy” rating to a “hold” rating in a research note on Friday, March 22nd. Bank of America lowered CF Industries from a “buy” rating to an “underperform” rating and cut their price target for the stock from $50.00 to $38.00 in a research note on Thursday. Citigroup cut their price target on CF Industries from $51.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 19th. Berenberg Bank set a $43.00 price target on CF Industries and gave the stock a “hold” rating in a research note on Tuesday, March 26th. Finally, Zacks Investment Research lowered CF Industries from a “buy” rating to a “hold” rating in a research note on Monday, December 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $50.45.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its holdings in shares of CF Industries by 4,197.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,101,238 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 1,075,614 shares during the last quarter. CSat Investment Advisory L.P. lifted its holdings in shares of CF Industries by 81.3% in the 4th quarter. CSat Investment Advisory L.P. now owns 620 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 278 shares during the last quarter. Ffcm LLC lifted its holdings in shares of CF Industries by 49.4% in the 4th quarter. Ffcm LLC now owns 762 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 252 shares during the last quarter. Quantamental Technologies LLC bought a new position in shares of CF Industries in the 4th quarter valued at about $34,000. Finally, Lindbrook Capital LLC bought a new position in shares of CF Industries in the 4th quarter valued at about $43,000. 95.73% of the stock is owned by institutional investors and hedge funds.
CF stock traded up $0.52 during trading on Thursday, reaching $45.14. The company’s stock had a trading volume of 4,566,993 shares, compared to its average volume of 2,732,668. CF Industries has a 1 year low of $37.02 and a 1 year high of $56.51. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.37 and a current ratio of 1.81. The firm has a market capitalization of $9.78 billion, a PE ratio of 36.40, a PEG ratio of 3.31 and a beta of 0.71.
About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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