Research Recommendations For CF Industries Holdings Inc. (CF): Here is What You Should Know

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CF Industries Holdings Inc. (NYSE:CF) saw a downside of -0.68% to close Tuesday at $84.94 after subtracting -$0.58 on the day. The 5-day average trading volume is 2,330,040 shares of the company’s common stock. It has gained $87.38 in the past week and touched a new high 1 time within the past 5 days. An average of 2,838,360 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,709,020.

CF’s 1-month performance is -9.18% or -$5.80 on its low of $80.32 reached on 01/04/23. The company’s shares have touched a 52-week low of $64.87 and high of $119.60, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, CF has lost -0.31% or -$0.26 and has reached a new high 6 times. However, the current price is down -28.98% from the 52-week high price.

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Insider Transactions

CF stock investors last saw insider trading activity on Aug 26.Noonan Anne P (Director) most recently sold 3,000 shares at $118.64 per share on Aug 26. This transaction cost the insider $355,920. Sr.VP,Sales,Mkt Dev & Supp Chn, Frost Bert A, sold 20,964 shares at a price of $112.01 on Aug 24. Then, on Aug 24, President & CEO Will W Anthony sold 102,520 shares at a price of $110.16 per share. This transaction amounted to $11,293,800.

Valuation Metrics

CF stock has a beta of 1.07. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.48 while the price-to-book (PB) in the most recent quarter is 3.83, with the price to cash flow ratio at 4.11.

CF Industries Holdings Inc.’s quick ratio for the period ended September 29 was 2.30, with the current ratio over the same period at 2.70.. In terms of profitability, the gross margin trailing 12 months is 51.80%. The firm’s gross profit as reported stood at $2.39 billion against revenue of $6.54 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 142.24% to $438.0 million, while revenue of $1.17 billion was -165.98% off the previous quarter. Analysts expected CF to announce $3.33 per share in earnings in its latest quarter, but it posted $2.27, representing a -31.80% surprise. EBITDA for the quarter stood at more than $971.0 million. CF stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 6.18 billion, with total debt at $3.25 billion. Shareholders hold equity totaling $196.19 million.

Let’s look briefly at CF Industries Holdings Inc. (CF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 42.42% to suggest the stock is trending Neutral, with historical volatility in this time period at 21.27%.

The stock’s 5-day moving average is $85.39, reflecting a -1.23% or -$1.06 change from its current price. CF is currently trading -5.52% above its 20-day SMA, -19.87% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -18.84% and SMA200 by-17.04%.

Stochastic %K and %D was 68.64% and 68.66% and the average true range (ATR) pointed at 2.82. The RSI (14) points at 40.42%, while the 14-day stochastic is at 59.54% with the period’s ATR at 3.01. The stock’s 9-day MACD Oscillator is pointing at 0.07 and 0.66 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for CF Industries Holdings Inc. (NYSE: CF), Wells Fargo launched coverage with an Overweight rating. Analysts offering their rating for CF stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate CF as a “sell,”, while 8 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 10 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $75.00 and a high of $135.00, with their median price target at $110.00. Looking at these predictions, the average price target given by analysts is for CF Industries Holdings Inc. (CF) stock is $109.32.

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