Oppenheimer Issues Pessimistic Forecast for CF Industries (NYSE:CF) Stock Price

CF Industries (NYSE:CF) had its price target dropped by research analysts at Oppenheimer from $114.00 to $111.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Oppenheimer’s price objective would indicate a potential upside of 19.96% from the company’s current price.

CF has been the subject of a number of other reports. Redburn Atlantic assumed coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target for the company. in a research report on Tuesday, January 21st. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research note on Wednesday, October 16th. Finally, UBS Group lifted their price target on CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and an average target price of $92.43.

CF Industries Trading Up 2.5 %

Shares of CF stock opened at $92.53 on Tuesday. The stock has a market capitalization of $16.10 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 0.71 and a beta of 0.98. The company’s fifty day simple moving average is $89.32 and its two-hundred day simple moving average is $84.13. CF Industries has a 1 year low of $69.13 and a 1 year high of $98.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 EPS. As a group, analysts anticipate that CF Industries will post 6.37 earnings per share for the current year.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at approximately $9,077,640. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock worth $2,355,425 in the last 90 days. 0.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On CF Industries

A number of hedge funds have recently modified their holdings of the business. Wolff Wiese Magana LLC bought a new stake in shares of CF Industries in the 3rd quarter worth about $28,000. Heck Capital Advisors LLC bought a new stake in CF Industries during the fourth quarter worth approximately $34,000. Brooklyn Investment Group bought a new stake in shares of CF Industries in the 3rd quarter valued at approximately $39,000. Quent Capital LLC boosted its holdings in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares during the period. Finally, Arlington Trust Co LLC increased its position in shares of CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

About CF Industries

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.