Equities research analysts predict that CF Industries Holdings, Inc. (NYSE:CF) will post earnings of $0.27 per share for the current quarter, Zacks reports. Two analysts have issued estimates for CF Industries’ earnings. The lowest EPS estimate is $0.15 and the highest is $0.31. CF Industries reported earnings of $0.05 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 440%. The business is scheduled to issue its next earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that CF Industries will report full-year earnings of $0.93 per share for the current financial year, with EPS estimates ranging from $0.62 to $1.25. For the next year, analysts forecast that the firm will post earnings of $1.55 per share, with EPS estimates ranging from $0.93 to $2.22. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow CF Industries.
CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 14th. The basic materials company reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.06. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $988.91 million. CF Industries had a negative return on equity of 0.92% and a net margin of 8.67%. The company’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.39) EPS.
CF has been the subject of several analyst reports. TheStreet raised CF Industries from a “c+” rating to a “b-” rating in a report on Friday, March 9th. Zacks Investment Research raised CF Industries from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Tuesday, January 2nd. Stephens initiated coverage on CF Industries in a report on Monday, December 4th. They issued an “equal weight” rating and a $38.00 price objective for the company. Piper Jaffray Companies set a $44.00 price objective on CF Industries and gave the company a “hold” rating in a report on Thursday, February 15th. Finally, Scotiabank set a $35.00 price objective on CF Industries and gave the company a “hold” rating in a report on Thursday, February 15th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the stock. CF Industries has an average rating of “Hold” and an average target price of $38.29.
Shares of CF Industries stock traded down $1.39 during midday trading on Thursday, reaching $37.27. The company’s stock had a trading volume of 2,163,096 shares, compared to its average volume of 3,418,655. The firm has a market cap of $8,853.43, a PE ratio of 24.52, a PEG ratio of 5.08 and a beta of 1.01. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.53 and a quick ratio of 2.05. CF Industries has a 52-week low of $25.04 and a 52-week high of $45.00.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.22%. CF Industries’s dividend payout ratio (DPR) is currently 78.95%.
Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in shares of CF Industries by 451.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after buying an additional 2,585 shares in the last quarter. Delphi Private Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth $144,000. Stuart Chaussee & Associates Inc. acquired a new position in shares of CF Industries during the 4th quarter worth $144,000. CoreCommodity Management LLC acquired a new position in shares of CF Industries during the 4th quarter worth $153,000. Finally, First Allied Advisory Services Inc. acquired a new position in shares of CF Industries during the 4th quarter worth $210,000.
CF Industries Company Profile
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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