The trading price of CF Industries Holdings Inc (NYSE:CF) closed higher on Monday, June 16, and closing at $100.74, 0.81% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 13.29. In examining the 52-week price action we see that the stock hit a 52-week high of $100.48 and a 52-week low of $67.34. Over the past month, the stock has gained 16.83% in value.
CF Industries Holdings Inc, whose market valuation is $16.32 billion at the time of this writing, is expected to release its quarterly earnings report in July. The dividend yield on the company stock is 1.99%, while its Forward Dividend ratio is 2.00. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 2.21 per share this quarter, however they have predicted annual earnings per share of 7.17 for current year and 5.98 for next year.
Analysts have forecast the company to bring in revenue of 1.72B for the current quarter, with the likely lows of 1.66B and highs of 1.78B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 6.44B.
On the technical side, indicators suggest CF has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned CF a recommendation rating is 9. Out of them, 3 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged CF Industries Holdings Inc (CF) as Underweight, while 1 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that CF’s price is currently 9.34% off the SMA20 and 20.42% off the SMA50. The RSI metric on the 14-day chart is currently showing 77.55, and weekly volatility stands at 3.35%. When measured over the past 30 days, the indicator reaches 1.88%. CF Industries Holdings Inc (NYSE:CF)’s beta value is currently sitting at 0.95, while the Average True Range indicator is currently displaying 2.85. With analysts defining $87-$87 as the low and high price targets, we arrive at a consensus price target of $87 for the trailing 12-month period. The current price is about 13.64% off the estimated low and 13.64% off the forecast high, based on this estimate. Investors will be thrilled if CF’s share price rises to $87, which is the median consensus price. At that level, CF’s share price would be 13.64% above current price.
To see how CF Industries Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CF stock’s performance was 0.81% in the latest trading, and 33.98% in the past year. CF Industries Holdings Inc has a P/E ratio of 13.29.
An evaluation of the daily trading volume of CF Industries Holdings Inc (NYSE:CF) indicates that the 3-month average is 2.64 million.
Currently, records show that 164.66 million of the company’s shares remain outstanding. The insiders hold 0.72% of outstanding shares, whereas institutions hold 102.98%. However, since the stock’s price has seen 18.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
