CF Industries Holdings Inc. (CF): Here Are Some Research Recommendations

0
5
REV
REV

CF Industries Holdings Inc. (NYSE:CF) finished Thursday with a subtraction of -$6.95 to close at $94.58, a downside of -6.85 percent. An average of 2,002,925 shares of common stock have been traded in the last five days. There was a fall of -$4.21 in the past week, and it reached a new high 40 times over the past 12 months. The last 20 days have seen an average of 2,819,336 shares traded, while the 50-day average volume stands at 2,455,883.

CF stock has decreased by -6.90% in the last month. The company shares reached their 1-month lowest point of $94.12 on 09/23/22. With the stock rallying to its 52-week high on 08/26/22, shares of the company touched a low of $51.32 and a high of $119.60 in 52 weeks. It has reached a new high 26 times so far this year and achieved 43.44% or $23.60 in price. In spite of this, the price is down -20.92% from the 52-week high.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Insider Transactions

28 days have passed since CF Industries Holdings Inc. (CF) last reported insider trading activity. Noonan Anne P, who is Director, most recently acquired $3,000 shares at $118.64 per share on Aug 26. In this transaction, the insider spent $355,920. Sr.VP,Sales,Mkt Dev & Supp Chn, Frost Bert A, disposed of 20,964 shares at a price of $112.01 on Aug 24. The insider now owns more than $2,348,098 worth of shares. Prior to that, President & CEO Will W Anthony went on to Sale 102,520 shares at $110.16 each on Aug 24. An amount of $11,293,800 was transacted.

Valuation Metrics

CF Industries Holdings Inc. (CF) has a trailing price-to-earnings (P/E) ratio of 8.33. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.04, the price-to-book (PB) ratio at 4.61, and the price-to-cash flow ratio at 5.60.

The company has a payout ratio of 10.60%. The company’s most recent quarterly dividend payment was $0.40 a share, without any change from last year. Its latest increase dividend $0.10 reported on Wednesday April 27 2022.

Financial Health

The quick ratio of CF Industries Holdings Inc. for the three months ended June 29 was 3.00, and the current ratio was 3.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.65 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $2.39 billion compared to revenue of $6.54 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, CF Industries Holdings Inc.’s return on assets was 20.00%.

Earnings Surprise

For the three-month period that ended June 29, CF Industries Holdings Inc. had $2.96 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.17 billion in the quarter, while revenues were grew 78.88%. The analyst consensus anticipated CF Industries Holdings Inc.’s latest quarter earnings to come in at $6.03 per share, but it turned out to be $5.58, a -7.50% surprise. For the quarter, EBITDA amounted to $2.0 billion. Shareholders own equity worth $199.26 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at CF Industries Holdings Inc. (CF) price momentum. RSI 9-day as of the close on 22 September was 33.05%, suggesting the stock is Neutral, with historical volatility in this time frame at 52.61%.

As of today, CF’s price is $101.08 -4.27% or -$4.21 from its 5-day moving average. CF is currently trading -19.61% lower than its 20-day SMA and -2.14% lower than its 100-day SMA. However, the stock’s current price level is +17.02% above the SMA50 and +57.25% above the SMA200.

The stochastic %K and %D were 32.97% and 48.20%, respectively, and the average true range (ATR) was 4.96. With the 14-day stochastic at 1.83% and the average true range at 4.75, the RSI (14) stands at 38.81%. The stock has reached -1.72 on the 9-day MACD Oscillator while the 14-day reading was at -2.17.

Analyst Ratings

Barclays upgraded CF Industries Holdings Inc. (NYSE: CF) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for CF Industries Holdings Inc. (CF) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell CF, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.

What is CF’s price target for the next 12 months?

Analysts predict a range of price targets between $78.00 and $132.00, with a median target of $115.00. Taking a look at these predictions, the average price target given by analysts for CF Industries Holdings Inc. (CF) stock is $111.83.

LEAVE A REPLY

Please enter your comment!
Please enter your name here