CF Industries Holdings Stock Rating Reaffirmed by TheStreet (CF)
CF Industries Holdings (NYSE: CF)‘s stock had its “buy” rating reiterated by equities research analysts at TheStreet in a research note issued to investors on Wednesday.
The analysts wrote, “CF Industries Holdings (CF) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins, increase in net income and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of CF Industries Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, February 28th. They now have a $239.00 price target on the stock. Separately, analysts at Barclays Capital cut their price target on shares of CF Industries Holdings from $250.00 to $244.00 in a research note to investors on Friday, February 22nd. They now have an “overweight” rating on the stock. Finally, analysts at Dahlman Rose downgraded shares of CF Industries Holdings from a “buy” rating to a “sell” rating in a research note to investors on Friday, February 22nd. They now have a $170.00 price target on the stock.
Six investment analysts have rated the stock with a buy rating, one has issued an overweight rating, nine have issued a hold rating, one has issued an underweight rating, and two have given a sell rating to the company. The stock presently has a consensus rating of “hold” and an average price target of $231.25.
CF Industries Holdings opened at 201.53 on Wednesday. CF Industries Holdings has a 52-week low of $154.17 and a 52-week high of $233.43. The stock’s 50-day moving average is currently $217.0. The company has a market cap of $12.697 billion and a price-to-earnings ratio of 7.05.
CF Industries Holdings last announced its earnings results on Tuesday, February 19th. The company reported $7.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $6.96 by $0.44. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the prior year, the company posted $6.66 earnings per share. The company’s quarterly revenue was down 13.8% on a year-over-year basis. On average, analysts predict that CF Industries Holdings will post $25.86 earnings per share for the current fiscal year.
CF Industries Holdings, Inc. (CF Holdings) is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
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