UBS Group Boosts CF Industries (NYSE:CF) Price Target to $92.00

CF Industries (NYSE:CF) had its target price increased by equities research analysts at UBS Group from $91.00 to $92.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the basic materials company’s stock. UBS Group’s price objective indicates a potential downside of 0.58% from the stock’s previous close.

CF has been the topic of several other research reports. Piper Sandler boosted their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday. Redburn Atlantic began coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target for the company. Mizuho lifted their price target on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Barclays lowered shares of CF Industries from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada cut CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. Three investment 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, the company currently has an average rating of “Hold” and a consensus target price of $92.43.

CF Industries Stock Up 2.5 %

NYSE CF opened at $92.53 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company’s 50 day simple moving average is $89.32 and its 200 day simple moving average is $84.13. CF Industries has a 12 month low of $69.13 and a 12 month high of $98.25. The company has a market capitalization of $16.10 billion, a P/E ratio of 14.64, a PEG ratio of 0.71 and a beta of 0.98.

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

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,389 shares of company stock worth $2,355,425. 0.42% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wolff Wiese Magana LLC bought a new position in CF Industries during the third quarter valued at about $28,000. Heck Capital Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries in the third quarter valued at $39,000. Quent Capital LLC lifted its position in 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 during the period. Finally, Arlington Trust Co LLC boosted its stake in CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after buying an additional 460 shares in the last quarter. 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.