CF Industries Holdings Inc. (NYSE:CF) traded at $86.02 at last check on Monday, June 27, made an upward move of 3.24% on its previous day’s price.
Looking at the stock we see that its previous close was $83.32 and the beta (5Y monthly) reads 1.03 with the day’s price range being $80.38 – $85.15. The company has a trailing 12-month PE ratio of 10.75. In terms of its 52-week price range, CF has a high of $113.49 and a low of $43.19. The company’s stock has lost about -16.78% over that past 30 days.
CF Industries Holdings Inc. has a market cap of $16.81 billion and is expected to release its quarterly earnings report on Feb 15, 2022 – Feb 21, 2022. With its Forward Dividend at 1.60 and a yield of 1.92%, the company’s investors could be anxious for the CF stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $6.59, with the EPS growth for the year raised at $19.26 for 2022 and $11.56 for next year. These figures represent 354.20% and -40.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.63 billion, with a low of $3.53 billion and a high of $3.85 billion. The median projection represents growth squeezing down to 123.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $11.86 billion, or 81.40% up from figures reported last year.
There have been 4 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the CF stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 19 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 12 have rated the CF Industries Holdings Inc. (CF) stock as a Hold, while 6 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -5.77% off its SMA20 and -11.16% from its 50-day simple moving average. The RSI (14) is pointing at 42.67 while the volatility over the past week is 5.57% and jumps to 5.11% over the past one month. The beta value is 1.09, while the average true range (ATR) is currently pointing at 5.25. The average price target for the stock over the next 12 months is $110.06, with the estimates having a low of $93.00 and a high of $142.00. These price ends are -8.11% and -65.08% off the today’s price level respectively, although investors could be excited at the prospect of a -22.06% if the CF share price touches on the median price of $105.00.
Let’s briefly compare CF Industries Holdings Inc. (CF) stock to its peers. We find that today’s price change of 3.24% and 63.98% over the past 12 months for CF competes that of Nutrien Ltd. (NTR), which has seen its stock price rise 3.54% in the latest trading session and is 31.70% over the last one year. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.01% and -0.01%, respectively, in early deals.
Coming back to CF Industries Holdings Inc. (NYSE:CF), we note that the average 3-month trading volume was 3.73 million. Current shares outstanding are 208.60 million.
The insiders hold 0.50% of the company’s shares while institutions hold 93.80%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 17.72% up in year-to-date price movement.