CF Industries Holdings Inc. (NYSE:CF) saw a downside of -3.01% to close Tuesday at $76.75 after subtracting -$2.38 on the day. The 5-day average trading volume is 1,827,120 shares of the company’s common stock. It has gained $79.92 in the past week and touched a new high 4 times within the past 5 days. An average of 2,144,535 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,374,206.
CF’s 1-month performance is -4.72% or -$2.29 on its low of $76.68 reached on 08/16/23. The company’s shares have touched a 52-week low of $60.08 and high of $119.60, with the stock’s rally to the 52-week high happening on 02/10/23. YTD, CF has lost -9.92% or -$8.45 and has reached a new high 7 times. However, the current price is down -35.83% from the 52-week high price.
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Insider Transactions
CF stock investors last saw insider trading activity on Aug 09.Barnard Douglas C (EVP, Corp. Dev.&Legal Advisor) most recently sold 387 shares at $82.37 per share on Aug 09. This transaction cost the insider $31,878. EVP, Corp. Dev.&Legal Advisor, Barnard Douglas C, sold 9,700 shares at a price of $80.37 on Aug 07. Then, on May 31, Sr VP Sales Mkt Dev Supply Chn Frost Bert A sold 15,000 shares at a price of $60.99 per share. This transaction amounted to $914,880.
Valuation Metrics
CF stock has a beta of 1.03. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.67 while the price-to-book (PB) in the most recent quarter is 2.57, with the price to cash flow ratio at 5.31.
CF Industries Holdings Inc.’s quick ratio for the period ended June 29 was 6.00, with the current ratio over the same period at 6.50. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.51, while the total debt to equity was 0.51.. In terms of profitability, the gross margin trailing 12 months is 44.00%. The trailing 12-month EBITDA margin is 56.87% while for the period ending June 29, CF Industries Holdings Inc.’s operating margin was 40.40%. The firm’s gross profit as reported stood at $5.86 billion against revenue of $11.19 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -121.06% to $527.0 million, while revenue of $560.0 million was -6.26% off the previous quarter. Analysts expected CF to announce $2.25 per share in earnings in its latest quarter, but it posted $2.71, representing a 20.40% surprise. EBITDA for the quarter stood at more than $955.0 million. CF stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.02 billion, with total debt at $3.24 billion. Shareholders hold equity totaling $192.95 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 22 August was 39.71% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.26%.
The stock’s 5-day moving average is $77.90, reflecting a -0.52% or -$0.40 change from its current price. CF is currently trading -5.34% above its 20-day SMA, +6.15% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.92% and SMA200 by-25.61%.
Stochastic %K and %D was 21.39% and 21.11% and the average true range (ATR) pointed at 2.31. The RSI (14) points at 45.62%, while the 14-day stochastic is at 0.92% with the period’s ATR at 2.31. The stock’s 9-day MACD Oscillator is pointing at 0.02 and -0.94 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for CF Industries Holdings Inc. (NYSE: CF), Barclays downgraded it to an Equal weight rating. They previously had an Overweight rating on the stock. 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 13 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 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 $65.00 and a high of $105.00, with their median price target at $86.00. Looking at these predictions, the average price target given by analysts is for CF Industries Holdings Inc. (CF) stock is $86.58.
