CF Industries Holdings Inc (NYSE:CF) finished Friday with a subtraction of -$0.23 to close at $85.74, a downside of -0.27 percent. An average of 2,176,660 shares of common stock have been traded in the last five days. There was a gain of $1.53 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 2,404,745 shares traded, while the 50-day average volume stands at 2,169,526.
CF stock has increased by 11.68% in the last month. The company shares reached their 1-month lowest point of $75.11 on 08/30/23. With the stock rallying to its 52-week high on 02/10/23, shares of the company touched a low of $60.08 and a high of $112.44 in 52 weeks. It has reached a new high 7 times so far this year and achieved 0.63% or $0.54 in price. In spite of this, the price is down -23.75% from the 52-week high.
Insider Transactions
CF stock investors should be aware that CF Industries Holdings Inc (CF) stock had its last reported insider trading activity 29 days ago on Sep 01. In this transaction, the insider spent $392,264. EVP, Corp. Dev.&Legal Advisor, Barnard Douglas C, disposed of 387 shares at a price of $82.37 on Aug 09. The insider now owns more than $31,878 worth of shares. Prior to that, EVP, Corp. Dev.&Legal Advisor Barnard Douglas C went on to Sale 9,700 shares at $80.37 each on Aug 07. An amount of $779,581 was transacted.
Valuation Metrics
CF Industries Holdings Inc (CF) has a trailing price-to-earnings (P/E) ratio of 7.10. The stock’s beta is 0.99. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.90, the price-to-book (PB) ratio at 2.85, and the price-to-cash flow ratio at 6.02.
The company has a payout ratio of 9.15%. 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 6.03, and the current ratio was 6.55, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.54 and a total debt to equity ratio of 0.56 for the quarter ending June 29. Its gross profit as reported stood at $5.86 billion compared to revenue of $11.19 billion.
Earnings Surprise
For the three-month period that ended June 29, CF Industries Holdings Inc had $2.97 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $527.0 million in the quarter, while revenues were shrunk -121.06%. The analyst consensus anticipated CF Industries Holdings Inc’s latest quarter earnings to come in at $2.25 per share, but it turned out to be $2.71, a 20.40% surprise. For the quarter, EBITDA amounted to $955.0 million. Shareholders own equity worth $192.95 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 29 September was 62.20%, suggesting the stock is Neutral, with historical volatility in this time frame at 23.28%.
As of today, CF’s price is $85.25 +1.82% or $1.53 from its 5-day moving average. CF is currently trading +11.25% higher than its 20-day SMA and +26.87% higher than its 100-day SMA. However, the stock’s current price level is +8.50% above the SMA50 and -13.14% below the SMA200.
The stochastic %K and %D were 62.15% and 62.97%, respectively, and the average true range (ATR) was 2.42. With the 14-day stochastic at 71.28% and the average true range at 2.42, the RSI (14) stands at 61.04%. The stock has reached 0.55 on the 9-day MACD Oscillator while the 14-day reading was at 1.45.
Analyst Ratings
Barclays downgraded CF Industries Holdings Inc (NYSE: CF) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.
What is CF’s price target for the next 12 months?
Analysts predict a range of price targets between $67.00 and $105.00, with a median target of $87.00. Taking a look at these predictions, the average price target given by analysts for CF Industries Holdings Inc (CF) stock is $87.94.
