CF Industries (NYSE:CF) Stock Price Expected to Rise, UBS Group Analyst Says

CF Industries (NYSE:CF) had its price objective lifted by UBS Group from $91.00 to $92.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the basic materials company’s stock.

Other equities analysts also recently issued reports about the company. Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday. Oppenheimer started coverage on CF Industries in a research report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 target price on the stock. Barclays downgraded shares of CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Scotiabank reaffirmed a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a report on Friday, January 24th. Finally, Royal Bank of Canada cut shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price for the company. in a research report on Tuesday, January 21st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $92.43.

CF Industries Price Performance

Shares of NYSE CF opened at $92.22 on Tuesday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The business has a 50 day moving average price of $89.35 and a two-hundred day moving average price of $84.18. The firm has a market cap of $16.05 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the company earned $0.85 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. Sell-side analysts expect that CF Industries will post 6.37 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.17%. CF Industries’s dividend payout ratio is presently 31.65%.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the transaction, the executive vice president now directly owns 62,768 shares in the company, valued at $5,828,636.48. The trade was a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock valued at $2,355,425 over the last 90 days. 0.42% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CF Industries

A number of institutional investors have recently bought and sold shares of CF. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries in the third quarter worth $28,000. Heck Capital Advisors LLC acquired a new stake in CF Industries during the 4th quarter worth about $34,000. Brooklyn Investment Group purchased a new position in CF Industries during the 3rd quarter valued at about $39,000. Quent Capital LLC lifted its position in shares of CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of CF Industries during the fourth quarter worth approximately $44,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.