As of Thursday close, CF Industries Holdings Inc.’s (NYSE:CF) stock was up $0.58, moving up 0.72 percent to $81.23. The average number of shares traded per day over the past five days has been 2,272,640 shares. 4 times new highs have been achieved over the past 5 days, with a -$0.25 fall in that time frame. In the last twenty days, the average volume was 2,378,900, while in the previous 50 days, it was 2,530,240.
Since last month, CF stock rose 15.84%. Shares of the company fell to $67.97 on 07/06/23, the lowest level in the past month. A 52-week high of $119.60 was reached on 02/10/23 after having rallying from a 52-week low of $60.08. Since the beginning of this year, CF’s stock price has dropped by -4.66% or -$3.97, and marked a new high 7 times. However, the stock has declined by -32.08% since its 52-week high.
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CF stock investors should be aware that CF Industries Holdings Inc. (CF) stock had its last reported insider trading activity 65 days ago on May 31. Frost Bert A, the Sr VP Sales Mkt Dev Supply Chn of the company, disposed of 15,000 shares for $60.99 on May 31. It resulted in a $914,880 divestment by the insider. Barnard Douglas C sold 17,000 shares at an average price of $61.28 on May 30. The insider now owns 24,789 shares following the transaction. On Aug 26, Director Noonan Anne P sold 3,000 shares at $118.64 apiece. The transaction was valued at $355,920.
Valuation Metrics
Right now, CF Industries Holdings Inc. (CF) has a P/E ratio of about 5.43. The stock’s beta is 1.03. Besides these, the trailing price-to-sales (P/S) ratio of 1.54, the price-to-book (PB) ratio of 2.92, and the price-to-cash flow ratio of 6.04 may also be considered.
The latest dividend of $0.40 per share was paid out, remained unchanged from last year’s $0.40.
Financial Health
In the three months ended June 29, CF Industries Holdings Inc.’s quick ratio stood at 4.00, while its current ratio was 4.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.54. On the profitability front, the trailing twelve-month gross margin is 48.70% percent. In the year ended June 29, EBITDA margin amounted to 56.87%, whereas operating margins totaled 44.10%. Based on annual data, CF earned $5.86 billion in gross profit and brought in $11.19 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 52.80%. Return on equity (ROE) for the past 12 months was 61.90%.
In CF Industries Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $2.97 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CF’s revenue fell -42.54% to $2.61 billion during the quarter, while net income inched up to $2.01 billion. While analysts expected CF Industries Holdings Inc. to report $2.25 quarterly earnings, the actual figure was $2.71 per share, beating the consensus estimate by 20.40%. During the quarter, the company generated $1.03 billion in EBITDA. The liabilities of CF Industries Holdings Inc. were 5.31 billion at the end of its most recent quarter ended June 29, and its total debt was $3.24 billion. The value of shareholders’ equity is $194.92 million.
Technical Picture
This quick technical analysis looks at CF Industries Holdings Inc.’s (CF) price momentum. With a historical volatility rate of 13.75%, the RSI 9-day stood at 69.24% on 03 August.
With respect to its five-day moving average, the current CF Industries Holdings Inc. price is down by -0.31% percent or -$0.25. At present, CF shares trade +17.37% above its 20-day simple moving average and +3.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.17% above its SMA50 and -17.15% below its SMA200.
Stochastic coefficient K was 79.35% and Stochastic coefficient D was 85.72%, while ATR was 2.38. Given the Stochastic reading of 71.20% for the 14-day period, the RSI (14) reading has been calculated as 68.60%. As of today, the MACD Oscillator reading stands at -0.19, while the 14-day reading stands at 1.21.
Analyst Ratings
CF Industries Holdings Inc. downgraded its rating on CF Industries Holdings Inc. (NYSE: CF) to a Neutral in a note to investors on May 11, 2023. The analysts firm previously had an Overweight rating on the stock.CF Industries Holdings Inc. (CF) has been rated Overweight by analysts. According to 1 brokerage firm, CF is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate CF Industries Holdings Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $80.00, the current consensus forecast for the stock is $65.00 – $105.00. Based on these forecasts, analysts predict CF Industries Holdings Inc. (CF) will achieve an average price target of $83.53.
